Vulcan Materials Co (VMC) shares projected to rise by 9.49%

Vulcan Materials Co [VMC] stock prices are up 1.58% to $260.07 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VMC shares have gain 1.05% over the last week, with a monthly amount drifted -6.97%, and not 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.

The stock price of Vulcan Materials Co [VMC] has been fluctuating between $219.73 and $298.31 over the past year. Currently, Wall Street analysts expect the stock to reach $284.75 within the next 12 months. Vulcan Materials Co [NYSE: VMC] shares were valued at $260.07 at the most recent close of the market. An investor can expect a potential return of 9.49% based on the average VMC price forecast.

Analyzing the VMC fundamentals

The Vulcan Materials Co [NYSE:VMC] reported sales of 7.40B for trailing twelve months, representing a drop of -8.32%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.

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 257.89 points at the first support level, and at 255.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 261.45, and for the 2nd resistance point, it is at 262.82.

Ratios To Look Out For

It’s worth pointing out that Vulcan Materials Co [NYSE:VMC]’s Current Ratio is 2.86. In addition, the Quick Ratio stands at 2.02 and the Cash Ratio stands at 0.56. Considering the valuation of this stock, the price to sales ratio is 4.64, the price to book ratio is 4.37 and price to earnings (TTM) ratio is 40.95.

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.

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