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NYSE:VMC

Vulcan Materials (VMC) Stock Price, News & Analysis

$252.64
-1.31 (-0.52%)
(As of 06/14/2024 08:52 PM ET)
Today's Range
$249.01
$253.63
50-Day Range
$244.64
$271.90
52-Week Range
$190.51
$276.58
Volume
617,200 shs
Average Volume
764,883 shs
Market Capitalization
$33.41 billion
P/E Ratio
36.88
Dividend Yield
0.73%
Price Target
$277.08

Vulcan Materials MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
9.7% Upside
$277.08 Price Target
Short Interest
Healthy
2.10% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.80
Upright™ Environmental Score
News Sentiment
0.57mentions of Vulcan Materials in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$4.65 M Sold Last Quarter
Proj. Earnings Growth
14.74%
From $8.55 to $9.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.37 out of 5 stars

Construction Sector

51st out of 99 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

7th out of 19 stocks

VMC stock logo

About Vulcan Materials Stock (NYSE:VMC)

Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. It also offers asphalt mix and asphalt construction paving services; ready-mixed concrete; and calcium products for the animal feed, plastics, and water treatment industries. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

VMC Stock Price History

VMC Stock News Headlines

US company rejects Mexico's criticism, buy-out offer, says president's projects hurt the environment
An American quarry company has rejected the Mexican president’s campaign of criticisms and closures, and his offer to buy its property on the Caribbean coast
Eagle Materials Stock is Dipping, Results Say Not for Long (VMC)
Eagle Materials is looking to hold its support line after dipping on earnings results, record-breaking financials and heating industry demand push for more
Brokerages Set Vulcan Materials (NYSE:VMC) PT at $277.08
Q1 2024 Vulcan Materials Co Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/7 Dividend
5/23/2024
Dividend Payable
6/07/2024
Today
6/17/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Construction Materials
CUSIP
92916010
Employees
10,382
Year Founded
1909

Price Target and Rating

Average Stock Price Target
$277.08
High Stock Price Target
$322.00
Low Stock Price Target
$208.00
Potential Upside/Downside
+9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$933.20 million
Pretax Margin
16.14%

Debt

Sales & Book Value

Annual Sales
$7.78 billion
Cash Flow
$11.90 per share
Book Value
$56.50 per share

Miscellaneous

Free Float
131,445,000
Market Cap
$33.41 billion
Optionable
Optionable
Beta
0.84

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Should I Buy Vulcan Materials Stock? VMC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Vulcan Materials:

  • Vulcan Materials has a strong financial position with a market capitalization of over $35 billion, indicating stability and potential for growth.
  • The company's stock price has been showing resilience, with a recent trading price of $573.78, suggesting a solid performance in the market.
  • Vulcan Materials has a low debt-to-equity ratio of 0.44, signifying efficient management of debt and reduced financial risk.
  • Institutional investors, owning 95.04% of the company's stock, demonstrate confidence in Vulcan Materials' long-term prospects.
  • The company's consistent revenue and earnings growth, as seen in recent financial reports, indicate a positive outlook for investors.

Cons

Investors should be bearish about investing in Vulcan Materials for these reasons:

  • Vulcan Materials' stock has a beta of 0.95, indicating lower volatility compared to the market, potentially leading to slower price movements.
  • The company's P/E ratio of 16.94 and P/E/G ratio of 2.76 may suggest that the stock is currently overvalued, posing a risk for investors.
  • Vulcan Materials' quick ratio of 2.41 and current ratio of 3.16 may raise concerns about liquidity management and short-term financial health.
  • The stock's recent trading down by 1.3% could be a signal of short-term market challenges or investor sentiment shifts.
  • An analyst's forecast of a P/E ratio of 4.24 EPS for the current year may indicate potential earnings pressure or market uncertainties ahead.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 2, 2024. Please send any questions or comments about these Vulcan Materials pros and cons to contact@marketbeat.com.

VMC Stock Analysis - Frequently Asked Questions

Should I buy or sell Vulcan Materials stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vulcan Materials in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VMC shares.
View VMC analyst ratings
or view top-rated stocks.

What is Vulcan Materials' stock price target for 2024?

14 Wall Street analysts have issued 12 month price targets for Vulcan Materials' shares. Their VMC share price targets range from $208.00 to $322.00. On average, they anticipate the company's stock price to reach $277.08 in the next year. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for VMC
or view top-rated stocks among Wall Street analysts.

How have VMC shares performed in 2024?

Vulcan Materials' stock was trading at $227.01 at the beginning of 2024. Since then, VMC shares have increased by 11.3% and is now trading at $252.64.
View the best growth stocks for 2024 here
.

Are investors shorting Vulcan Materials?

Vulcan Materials saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 2,770,000 shares, an increase of 29.4% from the May 15th total of 2,140,000 shares. Based on an average daily volume of 728,800 shares, the short-interest ratio is currently 3.8 days. Approximately 2.1% of the company's stock are sold short.
View Vulcan Materials' Short Interest
.

When is Vulcan Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our VMC earnings forecast
.

How were Vulcan Materials' earnings last quarter?

Vulcan Materials (NYSE:VMC) announced its quarterly earnings results on Thursday, May, 2nd. The construction company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.91 by $0.11. The construction company earned $1.55 billion during the quarter, compared to the consensus estimate of $1.50 billion. Vulcan Materials had a net margin of 11.92% and a trailing twelve-month return on equity of 12.32%. The firm's quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.95 EPS.
Read the conference call transcript
.

How often does Vulcan Materials pay dividends? What is the dividend yield for Vulcan Materials?

Vulcan Materials announced a quarterly dividend on Friday, May 10th. Shareholders of record on Friday, May 24th will be paid a dividend of $0.46 per share on Friday, June 7th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, May 23rd.
Read our dividend analysis for VMC
.

Is Vulcan Materials a good dividend stock?

Vulcan Materials (NYSE:VMC) pays an annual dividend of $1.84 per share and currently has a dividend yield of 0.73%. The dividend payout ratio is 26.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VMC will have a dividend payout ratio of 18.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VMC.

What is J. Thomas Hill's approval rating as Vulcan Materials' CEO?

62 employees have rated Vulcan Materials Chief Executive Officer J. Thomas Hill on Glassdoor.com. J. Thomas Hill has an approval rating of 93% among the company's employees. This puts J. Thomas Hill in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Vulcan Materials own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vulcan Materials investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU), NVIDIA (NVDA), United Rentals (URI), Athabasca Oil (ATH), Allergan (AGN) and

Who are Vulcan Materials' major shareholders?

Vulcan Materials' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.10%), Principal Financial Group Inc. (3.40%), Clearbridge Investments LLC (1.97%), Allspring Global Investments Holdings LLC (1.42%), Capital World Investors (1.08%) and Price T Rowe Associates Inc. MD (0.98%). Insiders that own company stock include David P Clement, Denson N Franklin III, Denson N Franklin III, J Thomas Hill, Jason P Teter, Jerry F Perkins Jr, Melissa H Anderson, Randy L Pigg, Stanley G Bass, Thompson S Baker II and Thompson S Baker II.
View institutional ownership trends
.

How do I buy shares of Vulcan Materials?

Shares of VMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VMC) was last updated on 6/17/2024 by MarketBeat.com Staff

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