# Martin Marietta Materials, Inc. – Consensus ‘buy’ rating and 16.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/martin-marietta-materials-inc.consensus-buy-rating-and-16.5-upside-potential/4121126305
- Published: 2023-08-30T12:24:15+01:00
- Author: Charlotte Edwards

**Martin Marietta Materials, Inc.** which can be found using ticker (MLM) now have
21 market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The range between the high target price and low target price is between
565 and 446.46 and has a mean target at $511.62. Given that the stocks previous 
close was at $439.09 and the analysts are correct then we can expect a percentage
increase in value of 16.5%. It’s also worth noting that there is a 50 day moving
average of $449.09 while the 200 day moving average is $385.15. The company has 
a market capitalization of 27.55B. The current share price for the company is: 445.79
USD

 The potential market cap would be $32,102,753,691 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 28.89, revenue per share of 97.15
and a 5.66% return on assets.

Martin Marietta Materials, Inc. is a natural resource-based building materials company.
The Company supplies aggregates (crushed stone, sand and gravel) through its network
of approximately 350 quarries, mines and distribution yards in 28 states, Canada
and The Bahamas. The Company also provides cement and downstream products, namely,
asphalt and paving services, in markets that are naturally vertically integrated.
The Company conducts its Building Materials business through two segments, such 
as East Group and West Group. The East Group provides aggregates and asphalt products.
The West Group provides aggregates, cement, downstream products and paving services.
The Company also operates a Magnesia Specialties business, which produces magnesia-
based chemical products that are used in industrial, agricultural and environmental
applications. It also produces dolomitic lime sold primarily to customers for steel
production and soil stabilization.

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