Martin Marietta Materials Stock Price on January 8, 2024

MLM Stock  USD 588.75  4.47  0.75%   
Below is the normalized historical share price chart for Martin Marietta Materials extending back to February 17, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Martin Marietta stands at 588.75, as last reported on the 4th of December, with the highest price reaching 595.05 and the lowest price hitting 585.79 during the day.
IPO Date
16th of February 1994
200 Day MA
567.8621
50 Day MA
571.1114
Beta
0.897
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Martin Stock, it is important to understand the factors that can impact its price. Martin Marietta appears to be very steady, given 3 months investment horizon. Martin Marietta Materials has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Martin Marietta, which you can use to evaluate the volatility of the firm. Please exercise Martin Marietta's Risk Adjusted Performance of 0.0886, downside deviation of 1.39, and Mean Deviation of 1.06 to check out if our risk estimates are consistent with your expectations.
  
At this time, Martin Marietta's Total Stockholder Equity is very stable compared to the past year. As of the 4th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 15.9 B, while Common Stock Total Equity is likely to drop about 573.4 K. . At this time, Martin Marietta's Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.70, while Price Book Value Ratio is likely to drop 2.31. Martin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1732

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Martin Marietta is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Martin Marietta by adding it to a well-diversified portfolio.
Price Book
3.9542
Enterprise Value Ebitda
12.3248
Price Sales
5.5247
Shares Float
60.6 M
Dividend Share
3.01

Martin Marietta Valuation on January 8, 2024

It is possible to determine the worth of Martin Marietta on a given historical date. On January 8, 2024 Martin was worth 485.42 at the beginning of the trading date compared to the closed value of 493.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Martin Marietta stock. Still, in general, we apply an absolute valuation method to find Martin Marietta's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Martin Marietta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Martin Marietta's related companies.
 Open High Low Close Volume
  481.96    488.37    481.96    484.17    254,826  
01/08/2024
  485.42    494.01    482.69    493.96    237,581  
  490.05    495.04    485.66    494.63    219,926  
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Open Value
485.42
481.11
Downside
493.96
Closing Value
489.73
Upside

Martin Marietta Trading Date Momentum on January 8, 2024

On January 09 2024 Martin Marietta Materials was traded for  494.63  at the closing time. Highest Martin Marietta's price during the trading hours was 495.04  and the lowest price during the day was  485.66 . The net volume was 219.9 K. The overall trading history on the 9th of January contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.14% . The trading delta at closing time to current price is 0.67% .

Martin Marietta Materials Fundamentals Correlations and Trends

By evaluating Martin Marietta's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Martin Marietta's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Martin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Martin Marietta Stock history

Martin Marietta investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Martin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Martin Marietta Materials will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Martin Marietta stock prices may prove useful in developing a viable investing in Martin Marietta
Last ReportedProjected for Next Year
Common Stock Shares Outstanding62.1 M56.9 M
Net Income Applicable To Common Shares996.8 MB

Martin Marietta Quarterly Net Working Capital

1.33 Billion

Martin Marietta Stock Technical Analysis

Martin Marietta technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Martin Marietta technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Martin Marietta trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Martin Marietta Period Price Range

Low
December 4, 2024
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High

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Martin Marietta Materials cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Martin Marietta December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Martin Marietta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Martin Marietta shares will generate the highest return on investment. By undertsting and applying Martin Marietta stock market strength indicators, traders can identify Martin Marietta Materials entry and exit signals to maximize returns

Martin Marietta Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Martin Marietta's price direction in advance. Along with the technical and fundamental analysis of Martin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Martin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Martin Marietta. If investors know Martin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Martin Marietta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
3.01
Earnings Share
32.21
Revenue Per Share
105.734
Quarterly Revenue Growth
(0.05)
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.