Stifel Nicolaus Raises Valmont Industries (NYSE:VMI) Price Target to $450.00

Key Points

• Stifel Nicolaus raised the target price for Valmont Industries from $400.00 to $450.00, indicating a potential upside of 11.38% from its current price.
• Multiple analysts have issued ratings on the stock, with a consensus rating of "Moderate Buy" and an average target price of $443.33.
• Valmont Industries recently reported earnings of $4.88 per share, exceeding estimates, while also guiding for fiscal year 2025 earnings between $17.500 and $19.500 per share.

Valmont Industries (NYSE:VMI - Get Free Report) had its target price raised by analysts at Stifel Nicolaus from $400.00 to $450.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the industrial products company's stock. Stifel Nicolaus' price target points to a potential upside of 11.38% from the company's current price.

Other equities analysts have also issued reports about the stock. Wall Street Zen upgraded shares of Valmont Industries from a "hold" rating to a "buy" rating in a research note on Sunday. JPMorgan Chase & Co. initiated coverage on shares of Valmont Industries in a research report on Friday, September 26th. They issued an "overweight" rating and a $480.00 price target for the company. DA Davidson upped their price target on shares of Valmont Industries from $380.00 to $400.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Valmont Industries in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $443.33.

Valmont Industries Trading Down 0.2%

NYSE:VMI traded down $0.83 on Monday, reaching $404.03. 42,699 shares of the company's stock were exchanged, compared to its average volume of 166,761. The business has a fifty day moving average of $381.18 and a 200-day moving average of $341.21. The firm has a market capitalization of $7.98 billion, a price-to-earnings ratio of 37.68 and a beta of 1.15. Valmont Industries has a 52-week low of $250.07 and a 52-week high of $414.53. The company has a quick ratio of 1.44, a current ratio of 2.15 and a debt-to-equity ratio of 0.48.

Valmont Industries (NYSE:VMI - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The industrial products company reported $4.88 earnings per share for the quarter, beating the consensus estimate of $4.78 by $0.10. The firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.03 billion. Valmont Industries had a net margin of 5.98% and a return on equity of 22.10%. The firm's revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $4.91 earnings per share. Valmont Industries has set its FY 2025 guidance at 17.500-19.500 EPS. As a group, analysts expect that Valmont Industries will post 18.07 earnings per share for the current year.

Insider Activity at Valmont Industries

In related news, CAO Timothy P. Francis sold 2,867 shares of the company's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $358.52, for a total transaction of $1,027,876.84. Following the sale, the chief accounting officer directly owned 9,746 shares of the company's stock, valued at approximately $3,494,135.92. This represents a 22.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.50% of the company's stock.

Institutional Investors Weigh In On Valmont Industries

Several large investors have recently added to or reduced their stakes in VMI. WPG Advisers LLC acquired a new position in shares of Valmont Industries during the first quarter valued at $27,000. Smartleaf Asset Management LLC boosted its position in shares of Valmont Industries by 87.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 107 shares of the industrial products company's stock valued at $31,000 after purchasing an additional 50 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Valmont Industries by 357.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 96 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 75 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Valmont Industries by 93.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 128 shares of the industrial products company's stock valued at $42,000 after purchasing an additional 62 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Valmont Industries by 223.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 152 shares of the industrial products company's stock valued at $43,000 after purchasing an additional 105 shares during the period. 87.84% of the stock is owned by institutional investors and hedge funds.

About Valmont Industries

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.

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