The price-to-earnings ratio for Vulcan Materials Co (NYSE: VMC) is above average at 37.60x, Company’s 36-month beta value is 0.85.Analysts have differing opinions 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 131.98M, and currently, short sellers hold a 1.73% ratio of that floaft. The average trading volume of VMC on May 02, 2024 was 824.09K shares.
VMC) stock’s latest price update
Vulcan Materials Co (NYSE: VMC) has seen a rise in its stock price by 1.07 in relation to its previous close of 259.73. However, the company has experienced a 1.54% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-02 that The headline numbers for Vulcan (VMC) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
VMC’s Market Performance
VMC’s stock has risen by 1.54% in the past week, with a monthly drop of -2.33% and a quarterly rise of 13.96%. The volatility ratio for the week is 2.23% while the volatility levels for the last 30 days are 2.05% for Vulcan Materials Co The simple moving average for the last 20 days is 0.63% for VMC stock, with a simple moving average of 14.42% for the last 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 -0.87% 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 -5.08% of loss for the given period.
Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares sank -1.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.22% upper at present.
During the last 5 trading sessions, VMC rose by +1.18%, which changed the moving average for the period of 200-days by +16.84% in comparison to the 20-day moving average, which settled at $260.66. In addition, Vulcan Materials Co saw 15.64% 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 4.89. 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 a nutshell, Vulcan Materials Co (VMC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
