At the time of writing, Vulcan Materials Co [VMC] stock is trading at $287.63, up 0.69%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VMC shares have gain 0.43% over the last week, with a monthly amount glided 5.49%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Vulcan Materials Co [NYSE: VMC] stock has seen the most recent analyst activity on November 07, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $349. Previously, JP Morgan downgraded its rating to Neutral on March 22, 2024, and elevated its price target to $270. On March 08, 2024, downgrade downgraded it’s rating to Peer Perform. RBC Capital Mkts downgraded its rating to a Sector Perform and increased its price target to $236 on January 12, 2024. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $208 as its price target on January 08, 2024. JP Morgan upgraded its rating to Overweight for this stock on December 12, 2023, and upped its price target to $245. In a note dated October 24, 2023, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $260.
For the past year, the stock price of Vulcan Materials Co fluctuated between $210.85 and $298.31. Currently, Wall Street analysts expect the stock to reach $290 within the next 12 months. Vulcan Materials Co [NYSE: VMC] shares were valued at $287.63 at the most recent close of the market. An investor can expect a potential return of 0.82% based on the average VMC price forecast.
Analyzing the VMC fundamentals
According to Vulcan Materials Co [NYSE:VMC], the company’s sales were 7.40B for trailing twelve months, which represents an -8.32% plunge. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.11 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 0.42.
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 283.45 points at the first support level, and at 279.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 290.51, and for the 2nd resistance point, it is at 293.40.
Ratios To Look Out For
It is important to note that Vulcan Materials Co [NYSE:VMC] has a current ratio of 2.86. Further, the Quick Ratio stands at 2.02, while the Cash Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 5.13, the price to book ratio is 4.83 and price to earnings (TTM) ratio is 45.29.
Transactions by insiders
Recent insider trading involved Clement David P, Senior Vice President, that happened on Nov 25 ’24 when 887.0 shares were sold. Officer, DAVID P CLEMENT completed a deal on Nov 25 ’24 to buy 887.0 shares. Meanwhile, Senior Vice President Perkins Jerry F Jr sold 1657.0 shares on Nov 08 ’24.
