News stories about Martin Marietta Materials (NYSE:MLM) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Martin Marietta Materials earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 47.0535053109827 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of Martin Marietta Materials (MLM) traded down $6.34 during mid-day trading on Friday, hitting $216.25. 709,904 shares of the stock traded hands, compared to its average volume of 883,051. The stock has a market capitalization of $13,593.48, a P/E ratio of 19.21, a P/E/G ratio of 3.17 and a beta of 1.10. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.50 and a current ratio of 2.73. Martin Marietta Materials has a 52 week low of $191.09 and a 52 week high of $244.32.
Martin Marietta Materials (NYSE:MLM) last announced its earnings results on Tuesday, February 13th. The construction company reported $1.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.46. The company had revenue of $911.30 million during the quarter, compared to the consensus estimate of $924.30 million. Martin Marietta Materials had a net margin of 17.99% and a return on equity of 10.85%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.55 earnings per share. equities research analysts predict that Martin Marietta Materials will post 8.53 earnings per share for the current year.
Several analysts have recently commented on MLM shares. SunTrust Banks reiterated a “buy” rating and issued a $228.00 target price on shares of Martin Marietta Materials in a report on Friday, October 27th. Zacks Investment Research upgraded shares of Martin Marietta Materials from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. Citigroup increased their target price on shares of Martin Marietta Materials from $245.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Barclays started coverage on shares of Martin Marietta Materials in a report on Tuesday, December 12th. They issued an “equal weight” rating and a $227.00 target price for the company. Finally, DA Davidson reiterated a “hold” rating and issued a $225.00 target price on shares of Martin Marietta Materials in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $243.25.
In related news, Director Laree E. Perez sold 3,000 shares of the stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $214.00, for a total transaction of $642,000.00. Following the completion of the transaction, the director now owns 16,751 shares in the company, valued at $3,584,714. The transaction was disclosed in a document filed with the SEC, which is available through this link. 8.45% of the stock is currently owned by corporate insiders.
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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.
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