Stocks inside Traders Spotlight: Martin Marietta Materials, Inc. (NYSE:MLM)
Martin Marietta Materials, Inc. (NYSE:MLM) accumulated +2.24%, closing at $185.38 after floating between $181.52 and $186.72. The company has market capitalization of $11.76B. It has twelve month low of $108.31 and twelve month high of $206.36.
The recent traded volume of 1.46 million shares than its average volume of 666.87 thousand shares. Analyst expected twelve month price target of $206.92.
During the most recent trading day, the stock’s price shifted up +71.16% from its 52-week low and -10.17% lower from its 52-week high. The stock’s price moved above its 200 day moving average of $184.73. The stock is currently trading up its SMA 50 of $177.39.
Present Consensus Recommendation for MARTIN MARIETTA MATERIALS, INC. (MLM):
MARTIN MARIETTA MATERIALS, INC. (MLM) received consensus recommendation of “Outperform” from Analysts polled at Thomson Reuters. The Company expected to announce next earnings approximately $1.71 per share.
One Month Ago Analyst Ratings: The Company has received mean Analyst rating of 2.14 from polled analysts at Reuters One Month Ago. It has been suggested as “Buy Opinions” from 4 and 0 issued “Sell Thoughts” for the stock. 6 rated the company as a “Hold”. “Outperform View” rating was revealed by 4 and “Underperform Signal” rating was issued by 0.
Sales Estimates: Wall Street Analysts are estimating average sales of $865.08M for current quarter (Quarter Ending Dec-16). Analysts projected the minimum sales estimate of $792.00M and some analysts told that the stock may achieve maximum sales of $911.10M. Average sales estimate is measured after the consensus analysis of 9 Analysts.
Analysts on average are expecting revenue target $791.14M for next quarter (Quarter Ending Mar-17). The highest achievable sales estimated by the analysts are $836.21M while lowest reachable sales target of $754.00M calculated by analysts. The Average sales target is based on the consensus of 5 brokerage Analysts.
Recent Sales Surprise: During the recent quarter period Quarter Ending Jun-16, the company declared sales of $915.40M. The sales consensus among polled analysts prior to the last earnings announcement was $ 946.73M. The difference in the numbers was $31.33M which caused a surprise factor of 3.31%.
Earnings Estimates: “12” Analysts are saying that the company to announce quarterly earnings of 1.71$ per share for current quarter period Quarter Ending Dec-16. Top-level EPS estimate is set at $2.08 while low-level EPS estimate among analysts is focused at $1.43.
“7” Analysts are expecting that the company to declare next quarterly earnings of $0.98 per share for period Quarter Ending Mar-17. EPS estimate is noted at $1.35 while lowest EPS estimate among analysts is targeted at $0.50.
Earnings Surprise: According to the earnings report released for Quarter Ending Jun-16, The Company posted actual earnings of $1.90 per share whereas the Analysts projected earnings were $2.00 per share. The difference between actual earnings and estimated earnings was $0.10 per share. These results showed an earnings surprise of 5.00% (Thomson Reuter’s data).
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