Report
Kristoffer Inton
EUR 147.86 For Business Accounts Only

Despite weather hampering shipments, Martin Marietta continues to push meaningful price increases.

Following the election of Donald J. Trump as America's next president, U.S. aggregates and concrete companies have rallied sharply, gaining roughly 15% to 20% in the two days since the election. On one hand, we think this makes sense. Unlike globally fungible commodities like steel or copper, cement, aggregates, and concrete are almost entirely consumed near their production sites given low value-to-weight ratios. As a result, increases in infrastructure spending definitely benefit the financial...
Underlying
Martin Marietta Materials Inc.

Martin Marietta Materials is a natural resource-based building materials company. The company supplies aggregates (crushed stone, sand and gravel) through its network of quarries, mines and distribution yards. The company also provides cement and downstream products, namely, ready mixed concrete, asphalt and paving services. The company conducts its Building Materials business through three segments: Mid-America Group, Southeast Group and West Group. The Mid-America and Southeast Groups provide aggregates products only. The West Group provides aggregates, cement and downstream products. The company also has the Magnesia Specialties segment, which includes its magnesia-based chemicals and dolomitic lime businesses.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kristoffer Inton

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