Martin Marietta Materials, Inc (MLM) EPS is poised to hit 4.62 next quarter: How Investors Can Make It Count the Most?

Martin Marietta Materials, Inc (NYSE: MLM) open the trading on Wednesday, with great promise as it jumped 5.97% to $617.31, before settling in for the price of $582.52 at the close. Taking a more long-term approach, MLM posted a 52-week range of $438.89-$626.67.

It was noted that the giant of the Basic Materials sector posted annual sales growth of 9.95% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 21.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -9.78%. This publicly-traded company’s shares outstanding now amounts to $61.82 million, simultaneously with a float of $60.69 million. The organization now has a market capitalization sitting at $37.73 billion. At the time of writing, stock’s 50-day Moving Average stood at $545.07, while the 200-day Moving Average is $561.10.

Martin Marietta Materials, Inc (MLM) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Building Materials industry. Martin Marietta Materials, Inc’s current insider ownership accounts for 0.71%, in contrast to 101.21% institutional ownership. According to the most recent insider trade that took place on Mar 14 ’24, this organization’s EVP, General Counsel and Secy sold 10,000 shares at the rate of 603.29, making the entire transaction reach 6,032,900 in total value, affecting insider ownership by 59,970. Preceding that transaction, on Mar 05 ’24, Company’s Chairman, Pres & CEO sold 15,000 for 604.26, making the whole transaction’s value amount to 9,063,900. This particular insider is now the holder of 134,640 in total.

Martin Marietta Materials, Inc (MLM) Earnings and Revenue Records

Martin Marietta Materials, Inc’s EPS decrease for this current 12-month fiscal period is -9.78% and is forecasted to reach 21.10 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.39% through the next 5 years, which can be compared against the 21.06% growth it accomplished over the previous five years trading on the market.

Martin Marietta Materials, Inc (NYSE: MLM) Trading Performance Indicators

Let’s observe the current performance indicators for Martin Marietta Materials, Inc (MLM). It’s Quick Ratio in the last reported quarter now stands at 1.24. The Stock has managed to achieve an average true range (ATR) of 15.75. Alongside those numbers, its PE Ratio stands at $19.18, and its Beta score is 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.79. Similarly, its price to free cash flow for trailing twelve months is now 72.46.

In the same vein, MLM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 32.19, a figure that is expected to reach 4.62 in the next quarter, and analysts are predicting that it will be 21.10 at the market close of one year from today.

Technical Analysis of Martin Marietta Materials, Inc (MLM)

[Martin Marietta Materials, Inc, MLM] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 56.17% While, its Average True Range was 17.15.

Raw Stochastic average of Martin Marietta Materials, Inc (MLM) in the period of the previous 100 days is set at 88.88%, which indicates a major rise in contrast to 79.30% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.44% that was higher than 27.89% volatility it exhibited in the past 100-days period.