# Martin Marietta Materials, Inc. – Consensus ‘buy’ rating and 18.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/martin-marietta-materials-inc.consensus-buy-rating-and-18.1-upside-potential/4121127886
- Published: 2023-09-20T14:46:22+01:00
- Author: Charlotte Edwards

**Martin Marietta Materials, Inc.** with ticker code (MLM) now have 21 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between 565 and 376 suggesting an average Analsyt target
price of $505.69. Given that the stocks previous close was at $428.04 and the analysts
are correct then there would likely be a percentage uptick in value of 18.1%. The
50 day moving average now sits at $446.80 and the 200 day MA is $390.62. The company
has a market capitalization of 26.13B. The stock price is currently at: 422.73 USD

 The potential market cap would be $30,866,051,130 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 27.43, 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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