Vulcan Materials (NYSE:VMC) is scheduled to post its quarterly earnings results after the market closes on Monday, February 5th.
Vulcan Materials (NYSE:VMC) last posted its earnings results on Wednesday, November 1st. The construction company reported $1.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.40 by ($0.36). The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. Vulcan Materials had a return on equity of 8.71% and a net margin of 10.20%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the company posted $1.01 EPS. On average, analysts expect Vulcan Materials to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of Vulcan Materials (NYSE VMC) opened at $131.00 on Friday. The stock has a market cap of $17,550.00, a P/E ratio of 44.71, a P/E/G ratio of 1.98 and a beta of 0.84. Vulcan Materials has a 1 year low of $108.95 and a 1 year high of $141.20. The company has a current ratio of 4.22, a quick ratio of 3.34 and a debt-to-equity ratio of 0.60.
In other Vulcan Materials news, insider Michael R. Mills sold 4,659 shares of the 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 completion of the sale, the insider now owns 45,351 shares of the company’s stock, valued at $6,043,020.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael R. Mills sold 3,738 shares of the stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $134.56, for a total transaction of $502,985.28. Following the completion of the sale, the insider now directly owns 44,581 shares of the company’s stock, valued at approximately $5,998,819.36. The disclosure for this sale can be found here. 0.89% of the stock is owned by company insiders.
A number of analysts recently issued reports on the stock. Barclays assumed coverage on shares of Vulcan Materials in a research report on Tuesday, December 12th. They set an “overweight” rating and a $135.00 target price for the company. Zacks Investment Research raised shares of Vulcan Materials from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Jefferies Group reissued a “hold” rating and set a $135.00 target price on shares of Vulcan Materials in a research report on Wednesday, January 17th. Citigroup reissued a “buy” rating and set a $140.00 target price (down previously from $145.00) on shares of Vulcan Materials in a research report on Monday, October 9th. Finally, Stephens reissued a “buy” rating and set a $158.00 target price on shares of Vulcan Materials in a research report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Vulcan Materials currently has an average rating of “Buy” and an average target price of $144.75.
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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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