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Martin Marietta Materials (DE:MMX)
FRANKFURT:MMX
RESEARCH TOOLSreports
Holding DE:MMX?
Track your performance easily
MMX Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€375.70 - €570.80
Previous Close€523
Volume0.00
Average Volume (3M)14.00
Market Cap
€32.35B
Enterprise Value€36.58B
Total Cash (Recent Filing)$109.00M
Total Debt (Recent Filing)$4.74B
Price to Earnings (P/E)―
Beta0.49
Next Earnings
Oct 30, 2024EPS Estimate
€5.91Last Dividend Ex-Date
Sep 03, 2024Dividend Yield0.53%
Share Statistics
EPS (TTM)N/A
Shares Outstanding61,117,053
10 Day Avg. Volume1
30 Day Avg. Volume14
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)3.64
Price to Sales (P/S)5.30
Price to Cash Flow (P/CF)8761.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.53
Enterprise Value/Gross Profit18.09
Enterprise Value/Ebitda12.83
Forecast
1Y Price Target
€561.16Price Target Upside7.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Martin Marietta Materials News
Bulls Say, Bears Say
Bulls Say
Market ExpansionThere is significant potential for mid-year price increases in the California and Tennessee markets, along with opportunities for further value-added mergers and acquisitions.
Pricing StrategyMLM's pricing outlook is still intact with an expected increase of 11-13%, supported by a positive pricing delta in recently acquired markets, which provides a near-term tailwind as it aligns with heritage market levels.
State BudgetsEight out of MLM's top ten states have increased their budgets for fiscal year 2025, indicating strong support for future growth despite minor declines in the remaining states.
Bears Say
Cost PressuresHigher unit costs driven by increased repair and maintenance expenses, along with greater absorption challenges, are impacting MLM's financial performance.
Earnings PerformanceMLM reported earnings below expectations and lowered future guidance, influenced by weaker private construction demand and weather-related challenges.
Volume GuidanceMLM's revised volume guidance was notably more severe than its peers, largely due to significant weather disruptions impacting key regions.
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Options Prices
Currently, No data available
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Ownership Overview
0.70% Insiders
30.82% Mutual Funds
0.77% Other Institutional Investors
45.79% Public Companies and
Individual Investors
MMX FAQ
What was Martin Marietta Materials’s price range in the past 12 months?
Martin Marietta Materials lowest stock price was €375.70 and its highest was €570.80 in the past 12 months.
What is Martin Marietta Materials’s market cap?
Currently, no data Available
When is Martin Marietta Materials’s upcoming earnings report date?
Martin Marietta Materials’s upcoming earnings report date is Oct 30, 2024 which is in 11 days.
How were Martin Marietta Materials’s earnings last quarter?
Martin Marietta Materials released its earnings results on Aug 08, 2024. The company reported €4.348 earnings per share for the quarter, missing the consensus estimate of €4.893 by -€0.545.
Is Martin Marietta Materials overvalued?
According to Wall Street analysts Martin Marietta Materials’s price is currently Undervalued.
Does Martin Marietta Materials pay dividends?
Martin Marietta Materials pays a Quarterly dividend of €0.72 which represents an annual dividend yield of 0.53%. See more information on Martin Marietta Materials dividends here
What is Martin Marietta Materials’s EPS estimate?
Martin Marietta Materials’s EPS estimate is €5.91.
How many shares outstanding does Martin Marietta Materials have?
Martin Marietta Materials has 61,117,054 shares outstanding.
What happened to Martin Marietta Materials’s price movement after its last earnings report?
Martin Marietta Materials reported an EPS of €4.348 in its last earnings report, missing expectations of €4.893. Following the earnings report the stock price went down -4.526%.
Which hedge fund is a major shareholder of Martin Marietta Materials?
Among the largest hedge funds holding Martin Marietta Materials’s share is Gardner Russo & Gardner LLC. It holds Martin Marietta Materials’s shares valued at 414M.
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Martin Marietta Materials Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€561.16 (7.30% Upside)
€561.16 (7.30% Upside)
Blogger Sentiment
Bullish
DE:MMX Sentiment 80%
Sector Average 71%
Sector Average 71%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
31.94%
12-Months-Change
Fundamentals
Return on Equity
25.30%
Trailing 12-Months
Asset Growth
7.13%
Trailing 12-Months
Company Description
Martin Marietta Materials
Martin Marietta Materials, Inc. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographical segments: Mid-America Group, Southeast Group, and West Group. The Mid-America Group and Southeast Group segments provide aggregates products only. The West Group offers aggregates, as well as cement and downstream products including mixed concrete, asphalt, and paving services. The company was founded in November 1993 and is headquartered in Raleigh, NC.
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MMX Company Deck
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MMX Earnings Call
Q2 2024
0:00 / 0:00
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MMX Revenue Breakdown
54.57% West Group
40.77% East Group
4.65% Magnesia Specialties
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MMX Stock 12 Month Forecast
Average Price Target
€561.16
▲(7.30% Upside)
Technical Analysis
Martin Marietta Materials
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Vulcan Materials
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Eagle Materials
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Summit Materials
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Cemex SAB
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Best Analysts Covering MMX
1 Year
1 Year Success Rate
20/23 ratings generated profit
1 Year Average Return
+24.48%
reiterated a buy rating 4 months ago
Copying Stanley Elliott's trades and holding each position for 1 Year would result in 86.96% of your transactions generating a profit, with an average return of +24.48% per trade.
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