Martin Marietta Supplies (NYSE:MLM – Get Free Report) was upgraded by StockNews.com from a “maintain” ranking to a “purchase” ranking in a analysis word issued on Wednesday.
A number of different analysis companies additionally just lately commented on MLM. Citigroup boosted their goal value on shares of Martin Marietta Supplies from $635.00 to $708.00 and gave the inventory a “purchase” ranking in a report on Friday, April fifth. Truist Monetary boosted their goal value on shares of Martin Marietta Supplies from $610.00 to $700.00 and gave the inventory a “purchase” ranking in a report on Tuesday, April 2nd. Stephens boosted their goal value on shares of Martin Marietta Supplies from $575.00 to $605.00 and gave the inventory an “obese” ranking in a report on Friday, February sixteenth. HSBC raised shares of Martin Marietta Supplies from a “scale back” ranking to a “maintain” ranking and boosted their goal value for the inventory from $376.00 to $543.00 in a report on Thursday, February twenty second. Lastly, Stifel Nicolaus boosted their goal value on shares of Martin Marietta Supplies from $621.00 to $650.00 and gave the inventory a “purchase” ranking in a report on Monday, April fifteenth. Three analysts have rated the inventory with a maintain ranking and eleven have given a purchase ranking to the corporate’s inventory. In response to MarketBeat, the corporate has a consensus ranking of “Average Purchase” and a consensus goal value of $588.69.
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Martin Marietta Supplies Inventory Efficiency
MLM opened at $589.57 on Wednesday. The agency has a market cap of $36.39 billion, a P/E ratio of 17.47, a PEG ratio of two.84 and a beta of 0.95. Martin Marietta Supplies has a 1-year low of $366.64 and a 1-year excessive of $626.67. The corporate has a 50 day easy shifting common of $597.62 and a two-hundred day easy shifting common of $520.49. The corporate has a debt-to-equity ratio of 0.44, a present ratio of three.16 and a fast ratio of two.50.
Martin Marietta Supplies (NYSE:MLM – Get Free Report) final posted its quarterly earnings outcomes on Tuesday, April thirtieth. The development firm reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.88 by $0.05. The enterprise had income of $1.25 billion through the quarter, in comparison with analyst estimates of $1.31 billion. Martin Marietta Supplies had a web margin of 31.35% and a return on fairness of 14.74%. The corporate’s income was down 7.6% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the enterprise posted $2.16 earnings per share. Equities analysts forecast that Martin Marietta Supplies will put up 21.3 earnings per share for the present fiscal 12 months.
Insider Exercise
In different information, Director Sue W. Cole bought 1,724 shares of the inventory in a transaction on Friday, February sixteenth. The shares have been bought at a mean value of $543.48, for a complete worth of $936,959.52. Following the sale, the director now owns 19,793 shares of the corporate’s inventory, valued at $10,757,099.64. The sale was disclosed in a authorized submitting with the SEC, which is obtainable at this hyperlink. In different information, Director Sue W. Cole bought 1,724 shares of the inventory in a transaction on Friday, February sixteenth. The shares have been bought at a mean value of $543.48, for a complete worth of $936,959.52. Following the sale, the director now owns 19,793 shares of the corporate’s inventory, valued at $10,757,099.64. The sale was disclosed in a authorized submitting with the SEC, which is obtainable at this hyperlink. Additionally, EVP Roselyn R. Bar bought 10,000 shares of the inventory in a transaction on Thursday, March 14th. The shares have been bought at a mean value of $603.29, for a complete transaction of $6,032,900.00. Following the completion of the sale, the manager vice chairman now straight owns 59,970 shares within the firm, valued at roughly $36,179,301.30. The disclosure for this sale might be discovered right here. During the last quarter, insiders have bought 26,724 shares of firm inventory valued at $16,033,760. 0.61% of the inventory is presently owned by firm insiders.
Institutional Inflows and Outflows
Quite a few hedge funds have just lately made adjustments to their positions within the inventory. Haverford Belief Co purchased a brand new place in shares of Martin Marietta Supplies within the first quarter price about $211,000. Nordea Funding Administration AB grew its holdings in shares of Martin Marietta Supplies by 2.7% within the first quarter. Nordea Funding Administration AB now owns 4,271 shares of the development firm’s inventory price $2,619,000 after buying an extra 113 shares over the past quarter. Fidelis Capital Companions LLC grew its holdings in shares of Martin Marietta Supplies by 5.7% within the first quarter. Fidelis Capital Companions LLC now owns 774 shares of the development firm’s inventory price $475,000 after buying an extra 42 shares over the past quarter. Tokio Marine Asset Administration Co. Ltd. grew its holdings in Martin Marietta Supplies by 9.7% through the 1st quarter. Tokio Marine Asset Administration Co. Ltd. now owns 1,716 shares of the development firm’s inventory price $1,054,000 after buying an extra 152 shares within the final quarter. Lastly, Schear Funding Advisers LLC grew its holdings in Martin Marietta Supplies by 37.8% through the 1st quarter. Schear Funding Advisers LLC now owns 2,270 shares of the development firm’s inventory price $1,394,000 after buying an extra 623 shares within the final quarter. 95.04% of the inventory is presently owned by institutional buyers.
Martin Marietta Supplies Firm Profile
(Get Free Report)
Martin Marietta Supplies, Inc, a pure resource-based constructing supplies firm, provides aggregates and heavy-side constructing supplies to the development business in the USA and internationally. It affords crushed stone, sand, and gravel merchandise; prepared combined concrete and asphalt; paving services; and Portland and specialty cement to be used within the infrastructure tasks, and nonresidential and residential development markets, in addition to within the railroad, agricultural, utility, and environmental industries.
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