Vulcan Materials (VMC) Scheduled to Post Earnings on Monday

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).

Earnings History for Vulcan Materials (NYSE:VMC)

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