MLM - Martin Marietta Materials: Still A Hold, Despite Volatility
2025-07-24 07:55:57 ET
I've been covering Martin Marietta Materials ( MLM ) for some time, with my most recent article being found here. Despite an RoR of 4.36% since that time in January, which is slightly better than the SPY at 3.07%, I would sum that up to a rounding error in terms of outperformance or performance. Back then, I held the view that the company was a "HOLD" with a prospective price target of around $360-$400/share; the company is, however, at this time close to $570/share, which would continue to imply significant overvaluation. Being that it's been over 6 months since my last article on the company, I believe it's time for an update for Martin Marietta....
Martin Marietta Materials: Still A Hold, Despite Volatility