Stock To Watch: Martin Marietta Materials, Inc. (NYSE:MLM)


The leading market experts have placed a mean price target of $194.000 on Martin Marietta Materials, Inc. (NYSE:MLM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.820 a share for the upcoming quarter and $7.360 for the current fiscal. Technical View The technical analysis of Martin Marietta Materials, Inc. plainly substantiates that the 50-day moving average of Martin Marietta Materials, Inc. is $186.535, and stock is hovering 3.030 or +1.624% distant from $186.535. It is noted that the 200-day MA is $157.030, and Martin Marietta Materials, Inc. stock is $32.535 or +20.719% off from this point. Martin Marietta Materials, Inc. (NYSE:MLM) 52-week high is $193.870 and the 52-week low is $108.310. This explains if the stock moves $-4.305, it will post a 52-week high. In event of $+75.021% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Martin Marietta Materials, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Martin Marietta Materials, Inc. (NYSE:MLM) ratio came in at 38.350. The stock last ended the trading session at $189.565 and registered a market cap of $12.04B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Martin Marietta Materials, Inc. (NYSE:MLM) PEG ratio is at 1.400.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 1 times, 1 visits today)