Martin Marietta: Headwinds, High Valuation Ratios, And Lack Of Insider Buying Activity
Martin Marietta Materials(MLM) Seeking Alpha·2024-08-20 21:02
Olga Shestakova/iStock via Getty Images Martin Marietta Materials, Inc. (NYSE:MLM) recently published their Q2 2024 results, showing a challenging second quarter, with EPS and revenue lower than expected. In this article, I will go through the headwinds and pressures that the company is currently experiencing, including weather disruptions, high-interest rates slowing down the residential and commercial real estate sector, and an adjustment in the inventories of their recent acquisition. In the outlook sect ...