Analysts’ Views On Vulcan Materials Company (VMC)

Vulcan Materials Company (NYSE:VMC) finished Friday with an addition of $0.71 to close at $185.16, an upside of 0.38 percent. An average of 623,440 shares of common stock have been traded in the last five days. There was a gain of $8.23 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 840,700 shares traded, while the 50-day average volume stands at 788,418.

VMC stock has increased by 3.61% in the last month. The company shares reached their 1-month lowest point of $167.24 on 10/01/21. With the stock rallying to its 52-week high on 05/10/21, shares of the company touched a low of $131.36 and a high of $194.17 in 52 weeks. It has reached a new high 20 times so far this year and achieved 24.85% or $36.85 in price. In spite of this, the price is down -4.64% from the 52-week high.


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Insider Transactions

52 days have passed since Vulcan Materials Company (VMC) last reported insider trading activity. Bass Stanley G, who is Chief Strategy Officer, most recently acquired $17,057 shares at $185.85 per share on Sep 01. In this transaction, the insider spent $3,170,062. Chief Strategy Officer, Bass Stanley G, disposed of 33,521 shares at a price of $185.52 on Aug 31. The insider now owns more than $6,218,817 worth of shares. Prior to that, Chairman, President & CEO Hill J Thomas went on to Sale 23,109 shares at $186.12 each on Aug 31. An amount of $4,300,969 was transacted.

Valuation Metrics

Vulcan Materials Company (VMC) has a trailing price-to-earnings (P/E) ratio of 36.56, which compares with the 15.10 for the broader industry and 13.81 for the sector. In the last five years, Vulcan Materials Company’s PE ratio has ranged between 46.59 and 15.74. The stock’s beta is 0.61. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.98, the price-to-book (PB) ratio at 3.91, and the price-to-cash flow ratio at 46.80.

Vulcan Materials Company pays a $1.48 dividend per share annually. It offers a dividend yield of 0.80%. The company has a payout ratio of 28.10%. The company’s most recent quarterly dividend payment was $0.37 a share, without any change from last year. Its dividend has been increased for the last 8 consecutive years with the latest increase dividend $0.03 reported on Friday February 12 2021.Dividends have grown by 36.00% each year over the last three years.

The quick ratio of Vulcan Materials Company for the three months ended June 29 was 2.90, and the current ratio was 3.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.44 and a total debt to equity ratio of 0.44 for the quarter ending June 29. Vulcan Materials Company’s EBITDA margin for the year ending June 29 is 27.94%, while its operating margin for the same period stands at 20.80%. Its gross profit as reported stood at $1.28 billion compared to revenue of $4.86 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Vulcan Materials Company’s return on assets was 5.80%. For the broader industry, ROE averaged 16.98 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Vulcan Materials Company had $2.77 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $195.34 million in the quarter, while revenues were shrunk -7.46%. The analyst consensus anticipated Vulcan Materials Company’s latest quarter earnings to come in at $1.65 per share, but it turned out to be $1.57, a -4.80% surprise. For the quarter, EBITDA amounted to $390.64 million. Shareholders own equity worth $132.68 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Vulcan Materials Company (VMC) price momentum. RSI 9-day as of the close on 22 October was 68.18%, suggesting the stock is Neutral, with historical volatility in this time frame at 23.06%.

As of today, VMC’s price is $183.15 +4.65% or $8.23 from its 5-day moving average. VMC is currently trading +5.17% higher than its 20-day SMA and +2.59% higher than its 100-day SMA. However, the stock’s current price level is -3.74% below the SMA50 and +14.29% above the SMA200.

The stochastic %K and %D were 94.19% and 93.85%, respectively, and the average true range (ATR) was 3.66. With the 14-day stochastic at 92.70% and the average true range at 3.76, the RSI (14) stands at 62.40%. The stock has reached 6.19 on the 9-day MACD Oscillator while the 14-day reading was at 8.09.

Analyst Ratings

DA Davidson upgraded Vulcan Materials Company (NYSE: VMC) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Vulcan Materials Company (VMC) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell VMC, while 9 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 11 others rate it as a “buy”.

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