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Is this Large Market Cap Stock target price reasonable for Martin Marietta Materials, Inc. (NYSE:MLM)?

The company in question is, Martin Marietta Materials, Inc. (NYSE:MLM) currently with a stock price of 180.95 (-1.99% today). The market cap for Martin Marietta Materials, Inc. is 11410.71, and is in the sector Industrial Goods, and General Building Materials industry. The target price for Martin Marietta Materials, Inc. is 208.33. Currently Martin Marietta Materials, Inc. is trading with a P/E of 32.25, and a forward P/E of 18.67. Average volume for Martin Marietta Materials, Inc. is 615.77 and so far today it is 773400.

Performance in the last year for Martin Marietta Materials, Inc. has been 9.75%. For EPS growth, Martin Marietta Materials, Inc. has seen a growth of 58.00%, and is looking to grow in the next year to 33.63%. More long term stats show that EPS growth has been 15.30% over the last five years and could be 23.20% for the next five years. Martin Marietta Materials, Inc. has seen sales growth quarter over quarter at -39.40%, with EPS growth quarter over quarter at 46.20%. The 20-day simple moving average is -6.86%, with the 200-day simple moving average coming to 9.76%.

Since the IPO date for Martin Marietta Materials, Inc. on the 2/17/1994, Martin Marietta Materials, Inc. has seen performance year to date to be 33.43%. With Martin Marietta Materials, Inc. trading at 180.95, the dividend yield is 0.93%, and the EPS is 5.61.

So could Martin Marietta Materials, Inc., be undervalued? Well as said before P/E is 32.25. The PEG is 1.39, P/S is 3.09 and the P/B is at 2.86. The P/cash is 398.98, with P/free cash flow at 79.19.

Martin Marietta Materials, Inc. ability to deal with debt shows that the current ratio is 1.9, and the quick ratio is 1. This is with long term debt/equity at 0.38, and total debt/equity at 0.45.

In terms of margins, Martin Marietta Materials, Inc. has a gross margin of 22.70%, an operating margin of 15.90% and a profit margin of 9.90%.Payout ratio for Martin Marietta Materials, Inc. is 28.40%. Return on assets come to 5.10% with return on investment coming to 6.30%.

Insider ownership for Martin Marietta Materials, Inc., is at 0.60% and institutional ownership comes to 99.50%. Outstanding shares are at 63.06. While shares float is 62.95. The float short is currently 3.52%, and short ratio is 3.6.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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