
MLM Stock Forecast & Price Target
MLM Analyst Ratings
Bulls say
Martin Marietta Materials demonstrated a strong performance in the aggregates sector, achieving an adjusted EBITDA beat driven by a 10% year-over-year increase in aggregate gross profit per ton, despite facing revenue challenges due to adverse weather conditions. The company's strategic acquisition of Quikrete is expected to strengthen its aggregates-led business model, reduce dependence on the more cyclical and lower-margin ready-mix sector, and broaden its market presence. Overall, these developments position Martin Marietta favorably to navigate business cycles and seasonal fluctuations.
Bears say
The analysis indicates a potential concern regarding Martin Marietta Materials's profitability due to its strategy of prioritizing value over volume, especially in markets where pricing for aggregates is lower than the company's corporate average. With the anticipated aggregate average selling price (ASP) projected to be higher than $16 per ton in 2025, there may be an implication of profit margin pressures if pricing strategies do not align effectively with market conditions. Additionally, the company's reliance on a concentrated market presence in specific states may expose it to regional economic fluctuations that could adversely impact overall sales volumes and financial performance.
This aggregate rating is based on analysts' research of Martin Marietta Materials and is not a guaranteed prediction by Public.com or investment advice.
MLM Analyst Forecast & Price Prediction
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