Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day up 1.5%. By the end of trading, Martin Marietta Materials fell $1.02 (-1.0%) to $99.60 on heavy volume. Throughout the day, 563,463 shares of Martin Marietta Materials exchanged hands as compared to its average daily volume of 362,200 shares. The stock ranged in price between $99.28-$101.73 after having opened the day at $100.83 as compared to the previous trading day's close of $100.62. Other companies within the Materials & Construction industry that declined today were:
), down 5.6%,
), down 5.2%,
), down 4.7% and
), down 4.0%.
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Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. Martin Marietta Materials has a market cap of $4.7 billion and is part of the industrial goods sector. Shares are up 6.7% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Martin Marietta Materials a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Martin Marietta Materials
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Martin Marietta Materials Ratings Report.
On the positive front,
), up 29.1%,
), up 26.7%,
), up 17.6% and
), up 7.2% , were all gainers within the materials & construction industry with
) being today's featured materials & construction industry leader.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
) while those bearish on the materials & construction industry could consider
- Find other investment ideas from our top rated ETFs lists.