Martin Marietta Materials Inc. (NYSE: MLM)
ALERT – STOCK RATING UPGRADE
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.