News stories about Vulcan Materials (NYSE:VMC) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, 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 gave news stories about the construction company an impact score of 46.52087879684 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
Vulcan Materials (VMC) traded down $6.90 during midday trading on Friday, hitting $126.57. The stock had a trading volume of 3,210,674 shares, compared to its average volume of 1,480,000. Vulcan Materials has a fifty-two week low of $108.95 and a fifty-two week high of $141.20. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.34 and a current ratio of 4.22. The stock has a market cap of $16,740.00, a price-to-earnings ratio of 57.53, a PEG ratio of 1.87 and a beta of 0.84.
Vulcan Materials (NYSE:VMC) last posted its quarterly earnings results on Friday, February 16th. The construction company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. The business had revenue of $977.50 million for the quarter, compared to analyst estimates of $929.36 million. Vulcan Materials had a return on equity of 8.71% and a net margin of 10.20%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.69 EPS. equities research analysts expect that Vulcan Materials will post 3.01 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 23rd will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.88%. This is an increase from Vulcan Materials’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Thursday, February 22nd. Vulcan Materials’s dividend payout ratio (DPR) is presently 45.45%.
VMC has been the topic of several analyst reports. Jefferies Group lifted their price target on Vulcan Materials from $122.00 to $128.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Zacks Investment Research upgraded Vulcan Materials from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 12th. Barclays initiated coverage on Vulcan Materials in a report on Tuesday, December 12th. They set an “overweight” rating and a $135.00 price target on the stock. SunTrust Banks set a $145.00 price target on Vulcan Materials and gave the stock a “buy” rating in a report on Saturday, December 16th. Finally, Citigroup reiterated a “buy” rating and set a $144.00 price target on shares of Vulcan Materials in a report on Tuesday, December 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company’s stock. Vulcan Materials currently has a consensus rating of “Buy” and a consensus price target of $146.00.
In related news, insider Michael R. Mills sold 4,659 shares of the firm’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $133.25, for a total transaction of $620,811.75. Following the completion of the sale, the insider now directly owns 45,351 shares of the company’s stock, valued at approximately $6,043,020.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael R. Mills sold 3,738 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $134.56, for a total value of $502,985.28. Following the sale, the insider now directly owns 44,581 shares of the company’s stock, valued at $5,998,819.36. The disclosure for this sale can be found here. 0.89% of the stock is currently owned by company insiders.
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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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