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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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.00 out of 5 stars


Industry, Sector and Symbol

Industry Fabricated structural metal products
Sub-IndustryIndustrial Machinery
CUSIP92025310
Phone402-963-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.77 billion
Cash Flow$11.03 per share
Book Value$51.98 per share

Profitability

Net Income$153.77 million

Miscellaneous

Employees9,862
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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VMI stock has 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) announced its earnings results on Wednesday, April, 22nd. The industrial products company reported $1.99 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.39 by $0.60. The industrial products company earned $674.20 million during the quarter, compared to analysts' expectations of $674.66 million. Valmont Industries had a return on equity of 15.00% and a net margin of 5.83%. The business's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.84 EPS. View Valmont Industries' earnings history.

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

Valmont Industries declared a quarterly dividend on Tuesday, February 25th. Shareholders of record on Friday, March 27th will be given 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 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 has initiated a share repurchase program on Wednesday, October 31st 2018, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 9.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

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

Valmont Industries issued an update on its second quarter 2020 After-Hours earnings guidance on Wednesday, April, 22nd. The company provided earnings per share 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 analysts have issued 1-year price objectives 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 twelve months. 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?

News coverage about VMI stock has trended extremely negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Valmont Industries earned a news impact score of -4.3 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutValmont Industries.

Are investors shorting Valmont Industries?

Valmont Industries saw a increase in short interest in 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 trading volume of 155,200 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.9% of the shares of the company are sold short. View Valmont Industries' Current Options Chain.

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 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 number of institutional and retail investors. Top institutional shareholders 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 institutional 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 institutional investors are buying Valmont Industries stock?

VMI stock was bought 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 5/31/2020 by MarketBeat.com Staff

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