Analyst Ratings for Martin Marietta Materials Inc. (MLM)Updated: 2017-07-29
Martin Marietta Materials Inc. (NYSE:MLM) was awarded an average rating of Overweight from investment analysts following the stock. MLM had previously received a consensus rating of Overweight a month ago.
14 analysts issued ratings on the stock, where 9 gave MLM a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
MLM was given price targets by several analysts. The most optimistic analyst gave a price target of 275, implying a possible profit of 21.41 percent. The minimum price target given was 230, implying a possible loss of 1.55 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.83 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.26 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.36 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.43 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
The growth rate of MLM's earnings is estimated by analysts to be 24.75 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MLM is 1.38.
In the trailing 52-weeks, MLM hit 244.32 at the highest peak, while it's lowest trading point was 167.06. Today's price is 35.58 percent above the 52-week low, and 7.29 percent lower than its 52-week high. MLM has a price/earnings ratio of 34.27. Investors typically compare the P/E ratio to a company's peers in the industry. The MLM value stock report compares MLM to some of its peers using value stock charts. The market cap of MLM is $14.14 billion. MLM will post this quarters earnings in days, on 0000-00-00.