Alert: Rating Upgrade (4/13/18)-Martin Marietta Materials Inc. (NYSE: MLM).


Martin Marietta Materials Inc. (NYSE: MLM)



Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Martin Marietta Materials Inc. (NYSE: MLM) improved recently. MLM’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.

Recent Price Action

Martin Marietta Materials stock declined significantly on 4/13/18. The shares fell -3.1%, closing at $196.12. Trading volume was normal. The stock has performed in line with the market over the last nine months and has declined -5.7% during the last week.

Current PriceTarget Research Rating

MLM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

MLM has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MLM has a neutral Appreciation Score of 44 and a slightly negative Power Rating of 39, producing the Low Neutral Value Trend Rating.

About John Lafferty 47332 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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