Media headlines about Vulcan Materials (NYSE:VMC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vulcan Materials earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 46.6958010308399 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Vulcan Materials (NYSE VMC) opened at $133.97 on Friday. The company has a current ratio of 4.22, a quick ratio of 3.34 and a debt-to-equity ratio of 0.60. Vulcan Materials has a 1 year low of $108.95 and a 1 year high of $136.82. The stock has a market cap of $17,720.00, a P/E ratio of 45.72, a price-to-earnings-growth ratio of 2.01 and a beta of 0.87.
Vulcan Materials (NYSE:VMC) last released its quarterly earnings results on Wednesday, November 1st. The construction company reported $1.04 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.36). Vulcan Materials had a net margin of 10.20% and a return on equity of 8.71%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the firm posted $1.01 earnings per share. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. sell-side analysts anticipate that Vulcan Materials will post 3.01 EPS for the current fiscal year.
A number of research firms have issued reports on VMC. Barclays began coverage on Vulcan Materials in a report on Tuesday, December 12th. They set an “overweight” rating and a $135.00 target price for the company. Zacks Investment Research upgraded Vulcan Materials from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 12th. Citigroup restated a “buy” rating and issued a $140.00 price objective (down previously from $145.00) on shares of Vulcan Materials in a report on Monday, October 9th. Stephens restated a “buy” rating and issued a $158.00 price objective on shares of Vulcan Materials in a report on Wednesday, January 3rd. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $154.00 target price on shares of Vulcan Materials in a research note on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. Vulcan Materials presently has an average rating of “Hold” and an average price target of $142.13.
In related news, insider Michael R. Mills sold 4,659 shares of Vulcan Materials stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $133.25, for a total value of $620,811.75. Following the transaction, the insider now directly owns 45,351 shares of the company’s stock, valued at $6,043,020.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.89% of the company’s stock.
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Vulcan Materials Company Profile
Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).
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