NYSE:VMIValmont Industries Stock Price, Forecast & News

$114.00

+0.62 (+0.55 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$112.21

Now: $114.00▼

$114.66

50-Day Range

$101.28

MA: $109.49▼

$119.42

52-Week Range

$82.60

Now: $114.00▼

$154.86

Volume174,175 shs

Average Volume188,320 shs

Market Capitalization$2.44 billion

P/E Ratio15.41

Dividend Yield1.59%

Beta1.29

Valmont Industries, Inc. produces and sells fabricated metal products in the United States and internationally. The company operates through four segments: Engineered Support Structures, Utility Support Structures, Coatings, and Irrigation. The Engineered Support Structures segment manufactures and distributes engineered metal, steel, aluminum, and composite poles, towers, and components for lighting, traffic, and wireless communication markets; engineered access systems; integrated structure solutions for smart cities; and highway safety products. The Utility Support Structures segment manufactures engineered steel and concrete pole structures for the utility generation, transmission, and distribution applications; renewable energy generation equipment; and inspection services. 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. This segment also provides water management solutions for large-scale production agriculture; and technology for precision agriculture. The company 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.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Valmont Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $126.50, Valmont Industries has a potential upside of 11.0% from its current price of $114.00.
Amount of Analyst Coverage
Valmont Industries has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Valmont Industries has received 301 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Valmont Industries has received 337 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Valmont Industries has received 52.82% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Valmont Industries is a leading dividend payer. It pays a dividend yield of 1.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Valmont Industries does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Valmont Industries is 25.50 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Valmont Industries will have a dividend payout ratio of 26.39 % next year. This indicates that Valmont Industries will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Valmont Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.00% of the stock of Valmont Industries is held by insiders.
Percentage Held by Institutions
85.83% of the stock of Valmont Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Valmont Industries are expected to grow by 7.23% in the coming year, from $6.36 to $6.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Valmont Industries is 15.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Valmont Industries is 15.41, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.69.
Price to Earnings Growth Ratio
Valmont Industries has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Valmont Industries has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.00 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Fabricated structural metal products

Sub-IndustryIndustrial Machinery

SectorIndustrial Products

Current SymbolNYSE:VMI

Previous Symbol

CUSIP92025310

CIK102729

Webwww.valmont.com

Phone402-963-1000

Debt

Debt-to-Equity Ratio0.70

Current Ratio2.52

Quick Ratio1.78

Price-To-Earnings

Trailing P/E Ratio15.41

Forward P/E Ratio17.92

P/E Growth1.65

Sales & Book Value

Annual Sales$2.77 billion

Price / Sales0.88

Cash Flow$11.03 per share

Price / Cash Flow10.34

Book Value$51.98 per share

Price / Book2.19

Profitability

EPS (Most Recent Fiscal Year)$7.06

Net Income$153.77 million

Net Margins5.83%

Return on Equity15.00%

Return on Assets6.20%

Miscellaneous

Employees9,862

Outstanding Shares21,360,000

Market Cap$2.44 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableOptionable

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Valmont Industries (NYSE:VMI) Frequently Asked Questions

How has Valmont Industries' stock been impacted by COVID-19 (Coronavirus)?

Valmont Industries' stock was trading at $101.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VMI shares have increased by 12.0% and is now trading at $114.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Valmont Industries' next earnings date?

Valmont Industries is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Valmont Industries.

How were Valmont Industries' earnings last quarter?

Valmont Industries, Inc. (NYSE:VMI) posted its earnings results on Wednesday, April, 22nd. The industrial products company reported $1.99 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.39 by $0.60. The industrial products company had revenue of $674.20 million for the quarter, compared to analyst estimates of $674.66 million. Valmont Industries had a net margin of 5.83% and a return on equity of 15.00%. The business's quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.84 earnings per share. View Valmont Industries' earnings history.

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

Valmont Industries announced a quarterly dividend on Tuesday, February 25th. Investors of record on Friday, March 27th will be paid a dividend of $0.45 per share on Wednesday, April 15th. This represents a $1.80 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, March 26th. This is a positive change from Valmont Industries's previous quarterly dividend of $0.38. View Valmont Industries' dividend history.

How will Valmont Industries' stock buyback program work?

Valmont Industries declared that its Board of Directors has authorized a stock buyback program on Wednesday, October 31st 2018, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 9.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

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

Valmont Industries updated its second quarter 2020 After-Hours earnings guidance on Wednesday, April, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $645-665 million, compared to the consensus revenue estimate of $671.76 million.

What price target have analysts set for VMI?

2 brokerages have issued 12 month target prices for Valmont Industries' shares. Their forecasts range from $125.00 to $128.00. On average, they expect Valmont Industries' share price to reach $126.50 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View analysts' price targets for Valmont Industries.

Has Valmont Industries been receiving favorable news coverage?

Media headlines about VMI stock have been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Valmont Industries earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutValmont Industries.

Are investors shorting Valmont Industries?

Valmont Industries saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 195,100 shares, an increase of 9.0% from the April 30th total of 179,000 shares. Based on an average daily trading volume, of 155,200 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.9% of the company's stock are sold short. View Valmont Industries' Current Options Chain.

Who are some of Valmont Industries' key competitors?

Some companies that are related to Valmont Industries include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), Ingersoll-Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), ITT (ITT) and Lincoln Electric (LECO). View all 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 QUALCOMM (QCOM), SYSCO (SYY), Enterprise Products Partners (EPD), Corning (GLW), Coca-Cola (KO), Medtronic (Mdt), Stryker (SYK), United Technologies (UTX), AbbVie (ABBV) and Boeing (BA).

Who are Valmont Industries' key executives?

Valmont Industries' management team includes the following people:

Mr. Stephen G. Kaniewski, Pres, CEO & Director (Age 47)
Mr. Mark C. Jaksich, Exec. VP & CFO (Age 61)
Mr. Timothy P. Francis, Sr. VP & Corp. Controller (Age 42)
Ms. Renee Campbell, Director of Investor Relations & Corp. Communications
Mr. R. Andrew Massey, VP of Legal & Compliance (Age 49)

What is Valmont Industries' stock symbol?

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

Who are Valmont Industries' major shareholders?

Valmont Industries' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.87%), Impax Asset Management Group plc (4.74%), Schroder Investment Management Group (2.59%), State Street Corp (2.48%), Wellington Management Group LLP (2.38%) and King Luther Capital Management Corp (2.36%). Company insiders that own Valmont Industries stock include Daas Kaj Den, John A Kehoe and Mark C Jaksich. 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 Pictet Asset Management Ltd., Invesco Ltd., Cramer Rosenthal Mcglynn LLC, Thrivent Financial for Lutherans, Speece Thorson Capital Group Inc., Balyasny Asset Management LLC, KBC Group NV, and Principal Financial Group Inc.. Company insiders that have sold Valmont Industries company stock in the last year include Daas Kaj Den, and Mark C Jaksich. View insider buying and selling activity 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 Victory Capital Management Inc., Victory Capital Management Inc., Alliancebernstein L.P., Impax Asset Management Group plc, Robecosam AG, Dalton Greiner Hartman Maher & Co., Bank of New York Mellon Corp, and Boston Trust Walden Corp. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Valmont Industries' stock price today?

One share of VMI stock can currently be purchased for approximately $114.00.

How big of a company is Valmont Industries?

Valmont Industries has a market capitalization of $2.44 billion and generates $2.77 billion in revenue each year. The industrial products company earns $153.77 million in net income (profit) each year or $7.06 on an earnings per share basis. Valmont Industries employs 9,862 workers across the globe.

What is Valmont Industries' official website?

The official website for Valmont Industries is 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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff