At the last check on Thursday, Vulcan Materials Company’s (NYSE:VMC) stock was down -$5.43, moving down -2.59 percent to $204.12. The average number of shares traded per day over the past five days has been 823,208 shares. 1 time new highs have been achieved over the past 5 days, with a -$10.13 fall in that time frame. In the last twenty days, the average volume was 650,402, while in the previous 50 days, it was 743,333.
Since last month, VMC stock retreated -4.87%. Shares of the company fell to $204.64 on 09/21/23, the lowest level in the past month. A 52-week high of $229.75 was reached on 08/07/23 after having rallying from a 52-week low of $147.64. Since the beginning of this year, VMC’s stock price has risen by 16.57% or $29.73, and marked a new high 32 times. However, the stock has declined by -11.15% since its 52-week high.
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VMC stock investors should be aware that Vulcan Materials Company (VMC) stock had its last reported insider trading activity 106 days ago on Jun 07. Hill J Thomas, the Chairman, President & CEO of the company, disposed of 4,695 shares for $201.79 on Jun 07. It resulted in a $947,381 divestment by the insider. Pigg Randy L. sold 560 shares at an average price of $202.44 on Jun 02. The insider now owns 1,707 shares following the transaction. On May 11, Senior Vice President Clement David P sold 2,389 shares at $196.00 apiece. The transaction was valued at $468,244.
Valuation Metrics
Right now, Vulcan Materials Company (VMC) has a P/E ratio of about 37.11. The stock’s beta is 0.79. Besides these, the trailing price-to-sales (P/S) ratio of 3.65, the price-to-book (PB) ratio of 3.78, and the price-to-cash flow ratio of 42.36 may also be considered.
The latest dividend of $0.43 per share was paid out, remained unchanged from last year’s $0.43. On Friday February 10 2023, a $0.03 dividend increase was announced.
Financial Health
In the three months ended June 29, Vulcan Materials Company’s quick ratio stood at 1.80, while its current ratio was 2.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.54, and the total debt-to-equity ratio was 0.54. On the profitability front, the trailing twelve-month gross margin is 22.80% percent. In the year ended June 29, EBITDA margin amounted to 23.11%, whereas operating margins totaled 15.00%. Based on annual data, VMC earned $1.56 billion in gross profit and brought in $7.32 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.90%. Return on equity (ROE) for the past 12 months was 10.40%.
In Vulcan Materials Company’s quarter-end financial report for June 29, it reported total debt of $3.87 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VMC’s revenue rose 7.51% to $1.65 billion during the quarter, while net income inched up to $2.11 billion. While analysts expected Vulcan Materials Company to report $1.91 quarterly earnings, the actual figure was $2.29 per share, beating the consensus estimate by 19.90%. During the quarter, the company generated $606.0 million in EBITDA. The liabilities of Vulcan Materials Company were 7.11 billion at the end of its most recent quarter ended June 29, and its total debt was $4.5 billion. The value of shareholders’ equity is $132.87 million.
Technical Picture
This quick technical analysis looks at Vulcan Materials Company’s (VMC) price momentum. With a historical volatility rate of 14.59%, the RSI 9-day stood at 23.93% on 20 September.
With respect to its five-day moving average, the current Vulcan Materials Company price is down by -4.71% percent or -$10.13. At present, VMC shares trade -5.63% below its 20-day simple moving average and +16.97% percent above its 100-day simple moving average. However, the stock is currently trading approximately -7.01% below its SMA50 and +11.03% above its SMA200.
Stochastic coefficient K was 8.06% and Stochastic coefficient D was 11.53%, while ATR was 4.24. Given the Stochastic reading of 1.03% for the 14-day period, the RSI (14) reading has been calculated as 30.47%. As of today, the MACD Oscillator reading stands at -3.76, while the 14-day reading stands at -5.68.
Analyst Ratings
Vulcan Materials Company downgraded its rating on Vulcan Materials Company (NYSE: VMC) to a Neutral in a note to investors on July 06, 2023. The analysts firm previously had an Overweight rating on the stock.Vulcan Materials Company (VMC) has been rated Overweight by analysts. According to 1 brokerage firm, VMC is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Vulcan Materials Company stock as buy, with 15 recommending it as overweight.
With a median target price of $251.00, the current consensus forecast for the stock is $224.73 – $270.00. Based on these forecasts, analysts predict Vulcan Materials Company (VMC) will achieve an average price target of $249.60.
