Vulcan Materials Co (NYSE: VMC) has experienced a rise in its stock price by 0.76 compared to its previous closing price of 260.21. However, the company has seen a fall of -2.08% in its stock price over the last five trading days. prnewswire.com reported 2024-05-10 that BIRMINGHAM, Ala., May 10, 2024 /PRNewswire/ — The Board of Directors of Vulcan Materials Company (NYSE: VMC) today declared a quarterly cash dividend of $0.46 cents per share on its common stock.
Is It Worth Investing in Vulcan Materials Co (NYSE: VMC) Right Now?
Vulcan Materials Co (NYSE: VMC) has a price-to-earnings ratio that is above its average at 38.27x. The stock has a 36-month beta value of 0.84. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 7 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for VMC is 131.98M, and at present, short sellers hold a 1.65% of that float. On May 22, 2024, the average trading volume of VMC was 750.51K shares.
VMC’s Market Performance
VMC’s stock has seen a -2.08% decrease for the week, with a 3.03% rise in the past month and a 3.45% gain in the past quarter. The volatility ratio for the week is 2.30%, and the volatility levels for the past 30 days are at 2.04% for Vulcan Materials Co. The simple moving average for the past 20 days is -0.62% for VMC’s stock, with a 12.86% 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 -1.27% 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 -5.21% of loss for the given period.
Volatility was left at 2.04%, however, over the last 30 days, the volatility rate increased by 2.30%, as shares surge +1.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.05% lower at present.
During the last 5 trading sessions, VMC fell by -2.08%, which changed the moving average for the period of 200-days by +16.01% in comparison to the 20-day moving average, which settled at $263.97. In addition, Vulcan Materials Co saw 15.49% 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 BAKER THOMPSON S II, who sale 6,610 shares at the price of $272.64 back on May 13 ’24. After this action, BAKER THOMPSON S II now owns 0 shares of Vulcan Materials Co, valued at $1,802,120 using the latest closing price.
BAKER THOMPSON S II, the President of Vulcan Materials Co, sale 8,600 shares at $272.95 during a trade that took place back on May 10 ’24, which means that BAKER THOMPSON S II is holding 1,300 shares at $2,347,354 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 12.79, with 6.62 for asset returns.
Based on Vulcan Materials Co (VMC), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is 8.1.
Currently, EBITDA for the company is 2.02 billion with net debt to EBITDA at 1.81. When we switch over and look at the enterprise to sales, we see a ratio of 4.99. The receivables turnover for the company is 8.67for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.74.
Conclusion
To sum up, Vulcan Materials Co (VMC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
