Vulcan Materials Co (VMC) shares projected to rise by -11.2%

Vulcan Materials Co [VMC] stock is trading at $266.34, down -1.77%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VMC shares have gain 1.77% over the last week, with a monthly amount glided 9.19%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vulcan Materials Co [NYSE: VMC] stock has seen the most recent analyst activity on March 22, 2024, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $270 from $245. Previously, Wolfe Research downgraded its rating to Peer Perform on March 08, 2024. On January 12, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $236 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $208 on January 08, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $245 on December 12, 2023. Seaport Research Partners upgraded its rating to Buy for this stock on October 24, 2023, but kept the price target unchanged to $260. In a note dated July 06, 2023, JP Morgan downgraded an Neutral rating on this stock and boosted its target price from $215 to $230.

Vulcan Materials Co [VMC] stock has fluctuated between $190.51 and $278.79 over the past year. Currently, Wall Street analysts expect the stock to reach $236.5 within the next 12 months. Vulcan Materials Co [NYSE: VMC] shares were valued at $266.34 at the most recent close of the market. An investor can expect a potential drop of -11.2% based on the average VMC price forecast.

Analyzing the VMC fundamentals

Vulcan Materials Co [NYSE:VMC] reported sales of 7.68B for the trailing twelve months, which represents a drop of -6.26%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 261.52 points at the first support level, and at 256.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 269.76, and for the 2nd resistance point, it is at 273.18.

Ratios To Look Out For

For context, Vulcan Materials Co’s Current Ratio is 2.74. As well, the Quick Ratio is 1.81, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 4.59, the price to book ratio is 4.70 and price to earnings (TTM) ratio is 38.88.

Transactions by insiders

Recent insider trading involved Clement David P, Senior Vice President, that happened on Jun 10 ’24 when 1000.0 shares were sold. Senior Vice President, Clement David P completed a deal on May 30 ’24 to sell 1000.0 shares. Meanwhile, President BAKER THOMPSON S II sold 6610.0 shares on May 13 ’24.

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