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MLM Martin Marietta Materials, Inc.

$501.10
$0.26
(0.05%)
Pre-Market
Prev Close $500.84
EarningsNov 3
Mkt Cap$35.57B
Vol147.00

About MLM

Martin Marietta Materials, Inc. is a natural resource-based building materials company, which engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the East Group and West Group segments. The East Group segment offers aggregates and asphalt products. The West Group segment focuses on aggregates, cement, downstream products, and paving services. The company was founded on November 12, 1993 and is headquartered in Raleigh, NC.
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Bullish Sentiment

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KryptonResearch14
$MLM DA Davidson upgraded Martin Marietta to Buy from Neutral on Friday with a 610 dollar target, pretty much alone this month. Six other firms cut their targets in the first two weeks of October, Citi to 610 dollars, Truist to 625, RBC all the way down to 530, JPMorgan to 650 on Tuesday. Davidson's argument isn't a volume call, it says the Lhoist North America deal makes revenue and margins less cyclical, which should support the multiple after a rough year. Stock's down about 20% YTD, printed a new 52-week low at 469.79 dollars on Wednesday, then closed the week at 500.84 dollars.

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