Martin Marietta Materials (MLM) Set to Announce Earnings on Monday

Martin Marietta Materials (NYSE:MLM) is scheduled to post its quarterly earnings results before the market opens on Monday, February 12th.

Martin Marietta Materials (NYSE:MLM) opened at $217.29 on Monday. The stock has a market cap of $13,660.00, a PE ratio of 31.67, a P/E/G ratio of 1.81 and a beta of 1.10. The company has a current ratio of 2.73, a quick ratio of 1.50 and a debt-to-equity ratio of 0.38. Martin Marietta Materials has a 52-week low of $191.09 and a 52-week high of $244.32.

Several analysts have weighed in on MLM shares. Jefferies Group reissued a “buy” rating and set a $240.00 price objective on shares of Martin Marietta Materials in a report on Wednesday, October 11th. Citigroup reissued a “buy” rating and set a $260.00 price objective (down from $270.00) on shares of Martin Marietta Materials in a report on Monday, October 9th. SunTrust Banks reissued a “buy” rating and set a $228.00 price objective on shares of Martin Marietta Materials in a report on Friday, October 27th. Barclays started coverage on Martin Marietta Materials in a report on Tuesday, December 12th. They set an “equal weight” rating and a $227.00 price objective for the company. Finally, Zacks Investment Research raised Martin Marietta Materials from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $241.13.

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Martin Marietta Materials Company Profile

Martin Marietta Materials, Inc is a supplier of aggregates products (crushed stone, sand, and gravel) used for the construction of infrastructure, nonresidential, and residential projects. Aggregates products are also used for railroad ballast and in agricultural, utility and environmental applications.

Earnings History for Martin Marietta Materials (NYSE:MLM)

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