The stock price of Vulcan Materials Co (NYSE: VMC) has surged by 0.83 when compared to previous closing price of 256.40, but the company has seen a 1.36% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-12 that We have narrowed our search to five low-beta stocks that are regular dividend payers. These are VMC, VIPS, PGR, IRM and TM.
Is It Worth Investing in Vulcan Materials Co (NYSE: VMC) Right Now?
Vulcan Materials Co (NYSE: VMC) has a higher price-to-earnings ratio of 37.03x compared to its average ratio, The 36-month beta value for VMC is at 0.84. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 7 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for VMC is 131.98M, and currently, shorts hold a 1.73% of that float. The average trading volume for VMC on April 26, 2024 was 816.67K shares.
VMC’s Market Performance
VMC’s stock has seen a 1.36% increase for the week, with a -5.60% drop in the past month and a 15.72% gain in the past quarter. The volatility ratio for the week is 2.45%, and the volatility levels for the past 30 days are at 2.00% for Vulcan Materials Co The simple moving average for the past 20 days is -1.87% for VMC’s stock, with a 13.13% simple moving average for the past 200 days.
Analysts’ Opinion of VMC
Many brokerage firms have already submitted their reports for VMC stocks, with JP Morgan repeating the rating for VMC by listing it as a “Neutral.” The predicted price for VMC in the upcoming period, according to JP Morgan is $270 based on the research report published on March 22, 2024 of the current year 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to VMC, setting the target price at $236 in the report published on January 12th of the current year.
VMC Trading at -1.85% 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 -6.52% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares sank -5.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.03% upper at present.
During the last 5 trading sessions, VMC rose by +1.36%, which changed the moving average for the period of 200-days by +15.62% in comparison to the 20-day moving average, which settled at $262.75. In addition, Vulcan Materials Co saw 13.89% 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 4.83. 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
In conclusion, Vulcan Materials Co (VMC) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
