NYSE:VMI - Valmont Industries Stock Price, News, & Analysis

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$134.5550 +1.22 (+0.91 %)
(As of 03/18/2019 09:47 AM ET)
Previous Close$133.33
Today's Range$133.4550 - $134.5550
52-Week Range$103.01 - $157.15
Volume3,831 shs
Average Volume132,276 shs
Market Capitalization$2.95 billion
P/E Ratio17.75
Dividend Yield1.12%
Beta1.29
Valmont Industries, Inc. produces and sells fabricated metal products in the United States and internationally. It operates through four segments: Engineered Support Structures, Utility Support Structures, Coatings, and Irrigation. The Engineered Support Structures segment manufactures and distributes engineered metal, and composite structures and components for the lighting and traffic, wireless communication, and roadway safety industries. This segment produces steel, aluminum, and composite poles, towers, industrial and architectural access systems, and other structures. The Utility Support Structures segment manufactures engineered steel and concrete structures for the utility industry, including on and offshore wind energy, and gas and oil exploration structures. The Coatings segment provides hot-dipped galvanizing, anodizing, powder coating, and e-coating services. The Irrigation segment manufactures agricultural irrigation equipment, and related parts and services under the Valley brand name for the agricultural industry; and tubular products for industrial customers. In addition, the company offers forged steel grinding media for the mining industry. It serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunication and utility companies, and large farms, as well as the general manufacturing sector. Valmont Industries, Inc. was founded in 1946 and is headquartered in Omaha, Nebraska.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP92025310
Phone402-963-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.76 billion
Cash Flow$12.1769 per share
Book Value$51.41 per share

Profitability

Net Income$94.35 million

Miscellaneous

Employees10,690
Market Cap$2.95 billion
Next Earnings Date4/17/2019 (Estimated)
OptionableOptionable

Valmont Industries (NYSE:VMI) Frequently Asked Questions

What is Valmont Industries' stock symbol?

Valmont Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "VMI."

How often does Valmont Industries pay dividends? What is the dividend yield for Valmont Industries?

Valmont Industries declared a quarterly dividend on Monday, March 4th. Shareholders of record on Friday, March 29th will be given a dividend of $0.375 per share on Monday, April 15th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, March 28th. View Valmont Industries' Dividend History.

How will Valmont Industries' stock buyback program work?

Valmont Industries declared that its Board of Directors has initiated a stock buyback program on Wednesday, October 31st 2018, which permits the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.

How were Valmont Industries' earnings last quarter?

Valmont Industries, Inc. (NYSE:VMI) announced its quarterly earnings data on Thursday, February, 21st. The industrial products company reported $1.87 earnings per share for the quarter, missing analysts' consensus estimates of $1.90 by $0.03. The industrial products company earned $697.40 million during the quarter, compared to the consensus estimate of $713.02 million. Valmont Industries had a return on equity of 14.72% and a net margin of 3.42%. Valmont Industries's quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.67 earnings per share. View Valmont Industries' Earnings History.

When is Valmont Industries' next earnings date?

Valmont Industries is scheduled to release their next quarterly earnings announcement on Wednesday, April 17th 2019. View Earnings Estimates for Valmont Industries.

How can I listen to Valmont Industries' earnings call?

Valmont Industries will be holding an earnings conference call on Wednesday, April 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Valmont Industries issued on next quarter's earnings?

Valmont Industries updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $8.10-8.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.56. The company issued revenue guidance of 7-8% (~$2.95-2.98 billion), compared to the consensus revenue estimate of $2.90 billion.

What price target have analysts set for VMI?

2 Wall Street analysts have issued twelve-month price objectives for Valmont Industries' shares. Their forecasts range from $145.00 to $185.00. On average, they expect Valmont Industries' stock price to reach $165.00 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Price Targets for Valmont Industries.

What is the consensus analysts' recommendation for Valmont Industries?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Valmont Industries in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Valmont Industries.

Has Valmont Industries been receiving favorable news coverage?

News headlines about VMI stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Valmont Industries earned a coverage optimism score of 1.1 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Valmont Industries' key competitors?

What other stocks do shareholders of Valmont Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Valmont Industries investors own include Lincoln Electric (LECO), Lindsay (LNN), Waste Management (WM), Walmart (WMT), SYSCO (SYY), United Technologies (UTX), Exxon Mobil (XOM), Sherwin-Williams (SHW), Ecolab (ECL) and Raytheon (RTN).

Who are Valmont Industries' key executives?

Valmont Industries' management team includes the folowing people:
  • Mr. Stephen G. Kaniewski, Pres, CEO & Director (Age 47)
  • Mr. Mark C. Jaksich, Exec. VP & CFO (Age 61)
  • Ms. Renee Campbell, Director of Investor Relations & Corp. Communications
  • Mr. R. Andrew Massey, VP of Legal & Compliance (Age 49)
  • Mr. Thomas F. Sanderson, VP of Sales & Marketing

Who are Valmont Industries' major shareholders?

Valmont Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.68%), Impax Asset Management Group plc (3.03%), Royce & Associates LP (2.76%), Dimensional Fund Advisors LP (2.69%), King Luther Capital Management Corp (2.31%) and Bank of New York Mellon Corp (1.32%). Company insiders that own Valmont Industries stock include John A Kehoe and Vanessa Kay Brown. View Institutional Ownership Trends for Valmont Industries.

Which major investors are selling Valmont Industries stock?

VMI stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Bank of America Corp DE, Gotham Asset Management LLC, KBC Group NV, QV Investors Inc., First Trust Advisors LP, Prudential Financial Inc. and Shufro Rose & Co. LLC. View Insider Buying and Selling for Valmont Industries.

Which major investors are buying Valmont Industries stock?

VMI stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Ceredex Value Advisors LLC, King Luther Capital Management Corp, Amundi Pioneer Asset Management Inc., Millennium Management LLC, Robecosam AG, Two Sigma Investments LP and Bank of New York Mellon Corp. View Insider Buying and Selling for Valmont Industries.

How do I buy shares of Valmont Industries?

Shares of VMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Valmont Industries' stock price today?

One share of VMI stock can currently be purchased for approximately $134.5550.

How big of a company is Valmont Industries?

Valmont Industries has a market capitalization of $2.95 billion and generates $2.76 billion in revenue each year. The industrial products company earns $94.35 million in net income (profit) each year or $7.58 on an earnings per share basis. Valmont Industries employs 10,690 workers across the globe.

What is Valmont Industries' official website?

The official website for Valmont Industries is http://www.valmont.com.

How can I contact Valmont Industries?

Valmont Industries' mailing address is ONE VALMONT PLAZA, OMAHA NE, 68154. The industrial products company can be reached via phone at 402-963-1000 or via email at [email protected]


MarketBeat Community Rating for Valmont Industries (NYSE VMI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  514
MarketBeat's community ratings are surveys of what our community members think about Valmont Industries and other stocks. Vote "Outperform" if you believe VMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/18/2019 by MarketBeat.com Staff

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