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.

Investment analysts gave a few price targets for MLM. The most optimistic price target was 275, implying potential capital gains of 21.41 percent. The lowest price target was 230, implying potential capital losses of 1.55 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.83 percent. That number becomes -2.26 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.36 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.43 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MLM is 1.38.

MLM has a 52-week high of 244.32 and a 52-week low of 167.06. Today's price is 35.58 percent above the 52-week low, and 7.29 percent below the 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 stock has a market capitalization of $14.14 billion. MLM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.