The Latest Analyst Ratings For Martin Marietta Materials
Portfolio Pulse from Benzinga Insights
Martin Marietta Materials (NYSE:MLM) received mixed analyst ratings over the past three months, with an updated average 12-month price target of $589.5, marking a 13.0% increase from the previous target. The company's financial performance shows strong revenue growth and net margin but faces challenges in ROE, ROA, and debt management. Analysts from Truist Securities, Raymond James, Morgan Stanley, and Stifel have adjusted their ratings and price targets, reflecting a positive outlook on MLM's market position and performance.
February 15, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Martin Marietta Materials has received mixed analyst ratings but an overall positive adjustment in price targets, indicating a bullish outlook. The company's strong revenue growth and net margin are positive indicators, though challenges in ROE, ROA, and debt management persist.
The increase in the average price target by analysts, coupled with strong revenue growth and net margin, suggests a positive short-term outlook for MLM. However, investors should be cautious of the challenges in ROE, ROA, and debt management.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100