Stock Price & Analysis

Based on the provided data and recent market developments, here's a concise analysis of MLM stock:

Technical Analysis

The stock is currently showing bearish signals with RSI at 29.99 (oversold territory) and trading below both its 5-day (515.64) and 10-day (522.56) moving averages. The MACD is negative at -7.78 with a bearish histogram (-4.04), suggesting continued downward momentum.

Recent Performance & Valuation

The stock has experienced significant selling pressure, falling 15.4% from its 52-week high of $633.23 reached in November 2024. Current price levels suggest the stock is trading near key support levels, with the next major support at $492.86 (Fibonacci S1).

Fundamental Catalysts

• Q4 2024 Results:

  • EPS: $4.79 (beat estimates of $4.59)
  • Revenue: $1.63B (missed estimates of $1.65B)
  • FY2025 guidance: $6.83B-$7.23B (below consensus)

• Analyst Actions:

  • Barclays: Maintained Overweight, PT lowered from $645 to $600
  • Truist Securities: Maintained Buy, PT reduced from $670 to $610

Market Position

• Facing competition from Vulcan Materials (VMC), which has shown stronger performance with 21.5% gains over the past 52 weeks compared to MLM's more modest performance
• Industry challenges include weather impacts and softening construction demand in both nonresidential and residential sectors

Recommendation SELL. The combination of technical weakness, lowered guidance, and analyst price target reductions suggests further downside potential. While the company maintains strong market position, current market conditions and technical indicators point to continued pressure on the stock price.

Based on the provided data and recent market developments, here's a comprehensive price prediction analysis for MLM stock in 2025:

Technical Analysis

The technical indicators show:

• RSI (14) at 29.99 indicates oversold conditions
• MACD is negative (-7.78) with bearish divergence
• Stock trading below both 5-day (515.64) and 20-day (532.56) moving averages
• Currently near the lower Bollinger Band (489.38), suggesting potential support level

Fundamental Drivers

Recent Q4 2024 earnings:

• EPS beat: $4.79 vs $4.59 expected
• Revenue miss: $1.63B vs $1.65B expected
• FY2025 guidance: $6.83B-$7.23B revenue (below consensus)

Analyst Price Targets

Recent analyst adjustments:

• Barclays: Lowered target from $645 to $600
• Truist Securities: Reduced from $670 to $610
• Maintaining positive ratings (Overweight/Buy)

2025 Price Prediction

Based on technical and fundamental analysis, MLM's stock price is expected to trade in the following ranges:

Base Case ($550-580):

• Recovery from oversold conditions
• Meeting revised guidance
• Infrastructure spending support

Bullish Case ($600-630):

• Better-than-expected construction demand
• Margin expansion
• Federal infrastructure projects acceleration

Bearish Case ($480-520):

• Continued weather disruptions
• Further construction slowdown
• Interest rates remaining elevated

Most likely scenario: Base Case with 60% probability, targeting $565 by year-end 2025, supported by:

• Infrastructure spending tailwinds
• Current oversold conditions suggesting mean reversion
• Strong market position despite near-term headwinds

The S1 support level for MLM Stock is $489 ,The R1 resistant level for MLM Stock is $532.57.

As of the end of day on 2025-02-26, the price of MLM Stock was $487.46.

The target price for MLM Stock according to analyst rating is 626.88, with the highest price target at 690.00 and the lowest at 563.00. Analysts have a Strong Buy rating on MLM Stock overall.

The market cap of MLM is $29.9B.

Based on the financial data and market indicators, MLM appears to be overvalued at its current price of $492.11. The stock is trading significantly below its 200-day SMA of $551.88, with weak technical indicators including an RSI of 29.99 showing oversold conditions. The company's valuation metrics show concerning trends despite improved financial performance, with revenue growing 10% and net income increasing 35% year-over-year. The current price sits near the Fibonacci support level of $492.86, suggesting potential downside risk if this level breaks.

The stock's technical weakness is further evidenced by negative MACD readings (-7.78) and declining moving averages, indicating bearish momentum. While fundamentals have improved, the market appears to be pricing in significant growth expectations that may be difficult to achieve in the current economic environment.

Martin Marietta Materials, Inc. is a natural resource-based building materials company. The Company is a supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. It supplies aggregates (crushed stone, sand and gravel) through its network of approximately 350 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. It also provides cement and downstream products, namely, asphalt and paving services, in markets that are naturally vertically integrated. The Company conducts its Building Materials business through two segments, such as East Group and West Group. The East Group provides aggregates and asphalt products. The West Group provides aggregates, cement, downstream products and paving services. The Company’s Magnesia Specialties business produces high-purity magnesia and dolomitic lime products used globally in environmental, industrial, agricultural and specialty applications. It is also an aggregate's producer in Colorado.

Based on the available data and recent market developments, here is the 2030 price prediction for MLM stock:

MLM stock is projected to reach $750-800 by 2030, driven by continued infrastructure spending and market leadership in construction materials. Recent analyst reports show price targets being lowered, but the company maintains strong fundamentals with Q4 2024 earnings beating estimates despite revenue challenges. The infrastructure bill implementation and growing construction demand provide long-term tailwinds.

The prediction considers:

1. Current price around $520 with analysts maintaining "Buy" ratings despite near-term headwinds
2. Historical 5-year growth trajectory showing resilience through market cycles
3. Strong market position in aggregates and cement sectors essential for infrastructure projects

MLM has a total of 9400 employees.