The stock price of Martin Marietta Materials, Inc (NYSE: MLM) has dropped by -2.24 compared to previous close of 529.00. Despite this, the company has seen a fall of -4.23% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-12 that Martin Marietta Materials, Inc. (NYSE:MLM ) Q4 2024 Results Conference Call February 12, 2025 10:00 AM ET Company Participants Jacklyn Rooker – Director of Investor Relations Ward Nye – Chair and Chief Executive Officer Jim Nickolas – Executive Vice President and Chief Financial Officer Conference Call Participants Trey Grooms – Stephens Kathryn Thompson – Thompson Research Group Jerry Revich – Goldman Sachs Anthony Pettinari – Citi Phil Ng – Jefferies Garik Shmois – Loop Capital Angel Castillo – Morgan Stanley Tyler Brown – Raymond James Michael Dudas – Vertical Research David MacGregor – Longbow Research Adam Thalhimer – Thompson Davis Avi Yaroslav – UBS Michael Feniger – Bank of America Operator Welcome to Martin Marietta’s Fourth Quarter and Full Year 2024 Earnings Conference Call. All participants are now in a listen-only.
Is It Worth Investing in Martin Marietta Materials, Inc (NYSE: MLM) Right Now?
The price-to-earnings ratio for Martin Marietta Materials, Inc (NYSE: MLM) is above average at 15.99x. The 36-month beta value for MLM is also noteworthy at 0.87. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 5 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
The public float for MLM is 60.69M, and at present, short sellers hold a 2.17% of that float. The average trading volume of MLM on February 13, 2025 was 397.47K shares.
MLM’s Market Performance
The stock of Martin Marietta Materials, Inc (MLM) has seen a -4.23% decrease in the past week, with a 0.77% rise in the past month, and a -16.53% fall in the past quarter. The volatility ratio for the week is 3.33%, and the volatility levels for the past 30 days are at 1.95% for MLM.. The simple moving average for the past 20 days is -4.21% for MLM’s stock, with a -6.84% simple moving average for the past 200 days.
Analysts’ Opinion of MLM
Many brokerage firms have already submitted their reports for MLM stocks, with Wolfe Research repeating the rating for MLM by listing it as a “Outperform.” The predicted price for MLM in the upcoming period, according to Wolfe Research is $563 based on the research report published on January 08, 2025 of the current year 2025.
HSBC Securities, on the other hand, stated in their research note that they expect to see MLM reach a price target of $690. The rating they have provided for MLM stocks is “Buy” according to the report published on December 11th, 2024.
JP Morgan gave a rating of “Overweight” to MLM, setting the target price at $640 in the report published on November 27th of the previous year.
MLM Trading at -4.56% from the 50-Day Moving Average
After a stumble in the market that brought MLM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.33% of loss for the given period.
Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 3.33%, as shares sank -0.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.17% lower at present.
During the last 5 trading sessions, MLM fell by -4.23%, which changed the moving average for the period of 200-days by -13.39% in comparison to the 20-day moving average, which settled at $539.88. In addition, Martin Marietta Materials, Inc saw 0.12% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MLM starting from BAR ROSELYN R, who sale 10,000 shares at the price of $603.29 back on Mar 14 ’24. After this action, BAR ROSELYN R now owns 59,970 shares of Martin Marietta Materials, Inc, valued at $6,032,900 using the latest closing price.
Nye C Howard, the Chairman, Pres & CEO of Martin Marietta Materials, Inc, sale 15,000 shares at $604.26 during a trade that took place back on Mar 05 ’24, which means that Nye C Howard is holding 134,640 shares at $9,063,900 based on the most recent closing price.
Stock Fundamentals for MLM
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.29 for the gross margin
The net margin for Martin Marietta Materials, Inc stands at 0.3. The total capital return value is set at 0.09. Equity return is now at value 22.83, with 11.86 for asset returns.
Based on Martin Marietta Materials, Inc (MLM), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 8.9.
Currently, EBITDA for the company is 2.17 billion with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 5.53. The receivables turnover for the company is 7.11for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.50.
Conclusion
In summary, Martin Marietta Materials, Inc (MLM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
