1 day Ago By ABMN Staff
Vulcan Materials ( NYSE:VMC – Get Free Report ) has been given a consensus recommendation of “Moderate Buy” by the thirteen brokerages that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $274.
73. Several equities analysts have issued reports on the company. Truist Financial dropped their price target on Vulcan Materials from $320.
00 to $300.00 and set a “buy” rating on the stock in a research note on Wednesday, August 7th. Royal Bank of Canada reduced their price target on shares of Vulcan Materials from $267.
00 to $257.00 and set a “sector perform” rating for the company in a report on Wednesday, August 7th. Loop Capital decreased their price target on shares of Vulcan Materials from $305.
00 to $285.00 and set a “buy” rating for the company in a research note on Wednesday, July 3rd. Stephens cut their price objective on shares of Vulcan Materials from $300.
00 to $280.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Finally, Citigroup decreased their target price on Vulcan Materials from $297.
00 to $292.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Read Our Latest Report on VMC Institutional Investors Weigh In On Vulcan Materials Vulcan Materials Trading Down 0.
3 % NYSE:VMC opened at $244.40 on Monday. Vulcan Materials has a 52 week low of $190.
51 and a 52 week high of $278.79. The company has a debt-to-equity ratio of 0.
43, a quick ratio of 1.66 and a current ratio of 2.48.
The firm’s fifty day moving average is $248.41 and its 200-day moving average is $255.75.
The firm has a market cap of $32.32 billion, a P/E ratio of 35.68, a P/E/G ratio of 2.
25 and a beta of 0.82. Vulcan Materials ( NYSE:VMC – Get Free Report ) last issued its quarterly earnings results on Tuesday, August 6th.
The construction company reported $2.35 EPS for the quarter, missing analysts’ consensus estimates of $2.47 by ($0.
12). Vulcan Materials had a net margin of 12.07% and a return on equity of 12.
19%. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.
03 billion. During the same period last year, the company posted $2.29 EPS.
The business’s revenue was down 4.7% compared to the same quarter last year. Equities analysts expect that Vulcan Materials will post 7.
73 earnings per share for the current year. Vulcan Materials Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Thursday, August 15th were given a dividend of $0.
46 per share. The ex-dividend date was Thursday, August 15th. This represents a $1.
84 annualized dividend and a dividend yield of 0.75%. Vulcan Materials’s payout ratio is 26.
86%. About Vulcan Materials ( Get Free Report Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium.
The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. Featured Stories Receive News & Ratings for Vulcan Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vulcan Materials and related companies with MarketBeat.com's FREE daily email newsletter .
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