Valmont Industries (NYSE:VMI) Posts Earnings Results, Beats Estimates By $0.08 EPS

Valmont Industries (NYSE:VMI - Get Free Report) issued its quarterly earnings data on Tuesday. The industrial products company reported $4.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.24 by $0.08, Zacks reports. Valmont Industries had a net margin of 8.55% and a return on equity of 23.15%. The firm had revenue of $969.31 million during the quarter, compared to analysts' expectations of $976.04 million. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.

Valmont Industries Stock Performance

VMI traded down $3.69 during midday trading on Friday, reaching $292.81. The company's stock had a trading volume of 126,703 shares, compared to its average volume of 148,691. The company has a current ratio of 2.07, a quick ratio of 1.55 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of $306.66 and a 200 day simple moving average of $319.22. The stock has a market cap of $5.88 billion, a P/E ratio of 17.04 and a beta of 1.07. Valmont Industries has a twelve month low of $202.01 and a twelve month high of $379.22.

Valmont Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Friday, March 28th. This is a boost from Valmont Industries's previous quarterly dividend of $0.60. Valmont Industries's payout ratio is currently 15.83%.

Analysts Set New Price Targets

VMI has been the subject of several recent analyst reports. DA Davidson downgraded Valmont Industries from a "buy" rating to a "neutral" rating and set a $380.00 price target for the company. in a research note on Wednesday, February 19th. StockNews.com cut Valmont Industries from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 29th. Stifel Nicolaus lifted their price target on shares of Valmont Industries from $343.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday. Finally, William Blair upgraded shares of Valmont Industries from a "market perform" rating to an "outperform" rating in a research note on Wednesday.

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.