Martin Marietta Materials Stock Analysis
MLM Stock | USD 602.64 2.35 0.39% |
Martin Marietta Materials is fairly valued with Real Value of 597.03 and Target Price of 505.26. The main objective of Martin Marietta stock analysis is to determine its intrinsic value, which is an estimate of what Martin Marietta Materials is worth, separate from its market price. There are two main types of Martin Marietta's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Martin Marietta's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Martin Marietta's stock to identify patterns and trends that may indicate its future price movements.
The Martin Marietta stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Martin Marietta is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Martin Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Martin Marietta's ongoing operational relationships across important fundamental and technical indicators.
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Martin Stock Analysis Notes
About 97.0% of the company shares are owned by institutional investors. The book value of Martin Marietta was now reported as 129.94. The company recorded earning per share (EPS) of 19.34. Martin Marietta Materials last dividend was issued on the 1st of March 2024. Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. The company was founded in 19 and is headquartered in Raleigh, North Carolina. Martin Marietta operates under Building Materials classification in the United States and is traded on New York Stock Exchange. It employs 10000 people. To find out more about Martin Marietta Materials contact C Nye at 919 781 4550 or learn more at https://www.martinmarietta.com.Martin Marietta Quarterly Total Revenue |
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Martin Marietta Materials Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Martin Marietta's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Martin Marietta Materials or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 97.0% of the company shares are owned by institutional investors | |
On 28th of March 2024 Martin Marietta paid $ 0.74 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: What Analyst Projections for Key Metrics Reveal About Martin Marietta Q1 Earnings |
Martin Marietta Materials Upcoming and Recent Events
Earnings reports are used by Martin Marietta to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Martin Marietta previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024 Upcoming Quarterly Report | View | |
2nd of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
21st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Martin Largest EPS Surprises
Earnings surprises can significantly impact Martin Marietta's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2015-04-30 | 2015-03-31 | 0.11 | 0.09 | -0.02 | 18 | ||
2002-04-25 | 2002-03-31 | -0.2 | -0.22 | -0.02 | 10 | ||
2000-04-18 | 2000-03-31 | 0.14 | 0.16 | 0.02 | 14 |
Martin Marietta Thematic Classifications
In addition to having Martin Marietta stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Non-Metallic and Industrial Metal MiningUSA Equities from Non-Metallic and Industrial Metal Mining industry as classified by Fama & French |
Martin Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Martin Marietta is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Martin Marietta Materials backward and forwards among themselves. Martin Marietta's institutional investor refers to the entity that pools money to purchase Martin Marietta's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Geode Capital Management, Llc | 2023-12-31 | 1.4 M | Principal Financial Group Inc | 2023-12-31 | 959.1 K | Gardner Russo & Gardner | 2023-12-31 | 940.6 K | Atlantic Trust Group, Llc | 2023-12-31 | 863.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 786.4 K | King Luther Capital Management Corp | 2023-12-31 | 687.4 K | Massachusetts Financial Services Company | 2023-12-31 | 642.3 K | Norges Bank | 2023-12-31 | 618.8 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 615.4 K | Vanguard Group Inc | 2023-12-31 | 7.2 M | Blackrock Inc | 2023-12-31 | 4.1 M |
Martin Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 37.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Martin Marietta's market, we take the total number of its shares issued and multiply it by Martin Marietta's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Martin Profitablity
Martin Marietta's profitability indicators refer to fundamental financial ratios that showcase Martin Marietta's ability to generate income relative to its revenue or operating costs. If, let's say, Martin Marietta is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Martin Marietta's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Martin Marietta's profitability requires more research than a typical breakdown of Martin Marietta's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.17 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.22 %, which entails that for every 100 dollars of revenue, it generated $0.22 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.10 | 0.09 | |
Return On Capital Employed | 0.11 | 0.12 | |
Return On Assets | 0.08 | 0.07 | |
Return On Equity | 0.15 | 0.13 |
Management Efficiency
Martin Marietta Materials has Return on Asset of 0.0665 % which means that on every $100 spent on assets, it made $0.0665 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1579 %, implying that it generated $0.1579 on every 100 dollars invested. Martin Marietta's management efficiency ratios could be used to measure how well Martin Marietta manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of April 2024, Return On Capital Employed is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.09. At this time, Martin Marietta's Other Assets are very stable compared to the past year. As of the 30th of April 2024, Fixed Asset Turnover is likely to grow to 1.42, while Return On Tangible Assets are likely to drop 0.09.Last Reported | Projected for Next Year | ||
Book Value Per Share | 129.78 | 136.27 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 63.79 | 66.98 | |
Enterprise Value Over EBITDA | 16.32 | 9.61 | |
Price Book Value Ratio | 3.84 | 2.31 | |
Enterprise Value Multiple | 16.32 | 9.61 | |
Price Fair Value | 3.84 | 2.31 | |
Enterprise Value | 2.8 B | 1.8 B |
The analysis of Martin Marietta's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Martin Marietta's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Martin Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0049 | Forward Dividend Yield 0.0049 | Forward Dividend Rate 2.96 | Beta 0.946 |
Technical Drivers
As of the 30th of April, Martin Marietta secures the Mean Deviation of 0.976, downside deviation of 1.26, and Risk Adjusted Performance of 0.1509. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Martin Marietta Materials, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Martin Marietta, which can be compared to its peers in the industry. Please verify Martin Marietta Materials variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Martin Marietta Materials is priced some-what accurately, providing market reflects its recent price of 602.64 per share. Given that Martin Marietta Materials has jensen alpha of 0.2455, we recommend you to check Martin Marietta's last-minute market performance to make sure the company can sustain itself at a future point.Martin Marietta Materials Price Movement Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Martin Marietta middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Martin Marietta Materials. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Martin Marietta Materials Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Martin Marietta insiders, such as employees or executives, is commonly permitted as long as it does not rely on Martin Marietta's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Martin Marietta insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Oliver Brooks over two weeks ago Disposition of tradable shares by Oliver Brooks of Martin Marietta at 553.31 subject to Rule 16b-3 | ||
Craig LaTorre over two weeks ago Disposition of 869 shares by Craig LaTorre of Martin Marietta at 442.25 subject to Rule 16b-3 | ||
Roselyn Bar over two months ago Acquisition by Roselyn Bar of 1174 shares of Martin Marietta at 438.94 subject to Rule 16b-3 | ||
Stephen Zelnak over six months ago Sale by Stephen Zelnak of 7500 shares of Martin Marietta |
Martin Marietta Outstanding Bonds
Martin Marietta issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Martin Marietta Materials uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Martin bonds can be classified according to their maturity, which is the date when Martin Marietta Materials has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MARTIN MARIETTA MATERIALS Corp BondUS573284AX46 | View | |
US573284AV89 Corp BondUS573284AV89 | View | |
MARTIN MARIETTA MATERIALS Corp BondUS573284AW62 | View | |
MARTIN MARIETTA MATLS Corp BondUS573284AN63 | View | |
MARTIN MARIETTA MATLS Corp BondUS573284AT34 | View | |
MARTIN MARIETTA MATLS Corp BondUS573284AU07 | View | |
MARTIN MARIETTA MATLS Corp BondUS573284AQ94 | View | |
MARTIN MARIETTA MATLS Corp BondUS573284AJ51 | View |
Martin Marietta Predictive Daily Indicators
Martin Marietta intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Martin Marietta stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 7815.21 | |||
Daily Balance Of Power | (0.26) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 603.4 | |||
Day Typical Price | 603.14 | |||
Price Action Indicator | (1.93) | |||
Period Momentum Indicator | (2.35) | |||
Relative Strength Index | 57.48 |
Martin Marietta Corporate Filings
16th of April 2024 Other Reports | ViewVerify | |
15th of April 2024 Other Reports | ViewVerify | |
F4 | 15th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 12th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 6th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 4th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
27th of February 2024 Other Reports | ViewVerify | |
10K | 23rd of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Martin Marietta Forecast Models
Martin Marietta's time-series forecasting models are one of many Martin Marietta's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Martin Marietta's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Martin Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Martin Marietta prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Martin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Martin Marietta. By using and applying Martin Stock analysis, traders can create a robust methodology for identifying Martin entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.22 | 0.23 | |
Operating Profit Margin | 0.24 | 0.12 | |
Net Profit Margin | 0.17 | 0.18 | |
Gross Profit Margin | 0.30 | 0.26 |
Current Martin Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Martin analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Martin analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
505.26 | Buy | 23 | Odds |
Most Martin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Martin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Martin Marietta Materials, talking to its executives and customers, or listening to Martin conference calls.
Martin Stock Analysis Indicators
Martin Marietta Materials stock analysis indicators help investors evaluate how Martin Marietta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Martin Marietta shares will generate the highest return on investment. By understating and applying Martin Marietta stock analysis, traders can identify Martin Marietta position entry and exit signals to maximize returns.
Begin Period Cash Flow | 358.8 M | |
Long Term Debt | 3.9 B | |
Common Stock Shares Outstanding | 62.1 M | |
Total Stockholder Equity | 8 B | |
Tax Provision | 282.8 M | |
Quarterly Earnings Growth Y O Y | 0.541 | |
Property Plant And Equipment Net | 6.6 B | |
Cash And Short Term Investments | 1.3 B | |
Cash | 1.3 B | |
Accounts Payable | 343.3 M | |
Net Debt | 3.6 B | |
50 Day M A | 591.8038 | |
Total Current Liabilities | 1.2 B | |
Other Operating Expenses | 5.2 B | |
Non Current Assets Total | 11.6 B | |
Forward Price Earnings | 28.3286 | |
Non Currrent Assets Other | 1.4 B | |
Stock Based Compensation | 50 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Martin Stock analysis
When running Martin Marietta's price analysis, check to measure Martin Marietta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Martin Marietta is operating at the current time. Most of Martin Marietta's value examination focuses on studying past and present price action to predict the probability of Martin Marietta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Marietta's price. Additionally, you may evaluate how the addition of Martin Marietta to your portfolios can decrease your overall portfolio volatility.
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Is Martin Marietta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Martin Marietta. If investors know Martin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Martin Marietta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.541 | Dividend Share 2.8 | Earnings Share 19.34 | Revenue Per Share 109.486 | Quarterly Revenue Growth 0.089 |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.