$597.81
1.22% yesterday
NYSE, Nov 22, 10:10 pm CET
ISIN
US5732841060
Symbol
MLM

Martin Marietta Materials Target price 2024 - Analyst rating & recommendation

Martin Marietta Materials Classifications & Recommendation:

Buy
64%
Hold
32%
Sell
4%

Martin Marietta Materials Price Target

Target Price $653.74
Price $597.81
Potential
Number of Estimates 21
21 Analysts have issued a price target Martin Marietta Materials 2025 . The average Martin Marietta Materials target price is $653.74. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 25 analysts: 16 Analysts recommend Martin Marietta Materials to buy, 8 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Martin Marietta Materials stock has an average upside potential 2025 of . Most analysts recommend the Martin Marietta Materials stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 6.78 6.57
10.01% 3.03%
EBITDA Margin 31.21% 31.37%
11.69% 0.50%
Net Margin 17.42% 30.05%
26.62% 72.47%

20 Analysts have issued a sales forecast Martin Marietta Materials 2024 . The average Martin Marietta Materials sales estimate is

$6.6b
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. This is
0.92% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$6.7b 2.42%
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, the lowest is
$6.5b 0.65%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $6.8b 10.01%
2024
$6.6b 3.03%
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2025
$7.3b 10.44%
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2026
$7.8b 7.97%
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20 Analysts have issued an Martin Marietta Materials EBITDA forecast 2024. The average Martin Marietta Materials EBITDA estimate is

$2.1b
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. This is
4.20% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$2.1b 6.62%
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, the lowest is
$2.0b 2.30%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $2.1b 22.87%
2024
$2.1b 2.56%
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2025
$2.4b 15.11%
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2026
$2.6b 9.13%
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EBITDA Margin

2023 31.21% 11.69%
2024
31.37% 0.50%
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2025
32.69% 4.21%
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2026
33.05% 1.10%
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9 Martin Marietta Materials Analysts have issued a net profit forecast 2024. The average Martin Marietta Materials net profit estimate is

$2.0b
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. This is
0.39% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$2.0b 2.21%
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, the lowest is
$1.9b 0.90%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $1.2b 39.29%
2024
$2.0b 67.26%
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2025
$1.3b 34.89%
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2026
$1.5b 14.40%
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Net Margin

2023 17.42% 26.62%
2024
30.05% 72.47%
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2025
17.72% 41.03%
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2026
18.77% 5.93%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 19.32 32.32
39.29% 67.29%
P/E 18.50
EV/Sales 6.23

9 Analysts have issued a Martin Marietta Materials forecast for earnings per share. The average Martin Marietta Materials <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$32.32
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. This is
0.40% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$32.90 2.21%
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, the lowest is
$31.90 0.90%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $19.32 39.29%
2024
$32.32 67.29%
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2025
$21.04 34.90%
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2026
$24.07 14.40%
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P/E ratio

Current 18.57 30.76%
2024
18.50 0.38%
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2025
28.41 53.57%
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2026
24.84 12.57%
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Based on analysts' sales estimates for 2024, the Martin Marietta Materials stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 6.28 27.90%
2024
6.23 0.85%
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2025
5.64 9.45%
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2026
5.22 7.38%
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P/S ratio

Current 5.61 30.56%
2024
5.56 0.91%
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2025
5.03 9.45%
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2026
4.66 7.38%
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