Vulcan Materials Co (NYSE: VMC) has a higher price-to-earnings ratio of 38.95x compared to its average ratio. VMC has 36-month beta value of 0.83. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 7 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for VMC is 131.95M, and currently, short sellers hold a 1.20% ratio of that float. The average trading volume of VMC on March 21, 2024 was 810.79K shares.
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VMC) stock’s latest price update
Vulcan Materials Co (NYSE: VMC)’s stock price has soared by 0.08 in relation to previous closing price of 271.74. Nevertheless, the company has seen a gain of 0.45% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-18 that Federal infrastructure spending and improving the residential market should help the Zacks Building Products – Concrete & Aggregates industry players like VMC, EXP and SUM.
VMC’s Market Performance
Vulcan Materials Co (VMC) has experienced a 0.45% rise in stock performance for the past week, with a 7.31% rise in the past month, and a 21.04% rise in the past quarter. The volatility ratio for the week is 1.51%, and the volatility levels for the past 30 days are at 1.43% for VMC. The simple moving average for the last 20 days is 2.16% for VMC’s stock, with a simple moving average of 22.36% for the last 200 days.
Analysts’ Opinion of VMC
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see VMC reach a price target of $236, previously predicting the price at $235. The rating they have provided for VMC stocks is “Sector Perform” according to the report published on January 12th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to VMC, setting the target price at $208 in the report published on January 08th of the current year.
VMC Trading at 10.73% from the 50-Day Moving Average
After a stumble in the market that brought VMC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.28% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.51%, as shares surge +6.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.00% upper at present.
During the last 5 trading sessions, VMC rose by +0.68%, which changed the moving average for the period of 200-days by +34.77% in comparison to the 20-day moving average, which settled at $266.98. In addition, Vulcan Materials Co saw 19.80% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VMC starting from Franklin Denson N. III, who sale 3,200 shares at the price of $269.48 back on Mar 13 ’24. After this action, Franklin Denson N. III now owns 5,395 shares of Vulcan Materials Co, valued at $862,336 using the latest closing price.
Clement David P, the Senior Vice President of Vulcan Materials Co, sale 2,842 shares at $263.00 during a trade that took place back on Feb 29 ’24, which means that Clement David P is holding 3,660 shares at $747,446 based on the most recent closing price.
Stock Fundamentals for VMC
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.25 for the gross margin
The net margin for Vulcan Materials Co stands at 0.12. The total capital return value is set at 0.1. Equity return is now at value 13.10, with 6.37 for asset returns.
Based on Vulcan Materials Co (VMC), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 7.72.
Currently, EBITDA for the company is 2.02 billion with net debt to EBITDA at 1.71. When we switch over and look at the enterprise to sales, we see a ratio of 5.07. The receivables turnover for the company is 8.75for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.17.
Conclusion
To put it simply, Vulcan Materials Co (VMC) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
