It’s still a bull thesis, just subverted: Valmont Industries, Inc (VMI)

At the time of writing, Valmont Industries, Inc [VMI] stock is trading at $336.35, up 0.10%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VMI shares have gain 11.28% over the last week, with a monthly amount glided 1.47%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Valmont Industries, Inc [NYSE: VMI] stock has seen the most recent analyst activity on January 10, 2024, when DA Davidson upgraded its rating to a Buy and also boosted its price target to $290 from $230. Previously, Northcoast downgraded its rating to Neutral on October 26, 2023. On July 15, 2022, Northcoast initiated with a Buy rating and assigned a price target of $300 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $297 on June 03, 2022. Boenning & Scattergood upgraded its rating to a Outperform but $350 remained the price target by the analyst firm on July 22, 2021. William Blair upgraded its rating to Outperform for this stock on November 02, 2020. In a note dated July 07, 2020, Stifel upgraded an Buy rating on this stock and boosted its target price from $128 to $144.

For the past year, the stock price of Valmont Industries, Inc fluctuated between $202.01 and $354.13. Currently, Wall Street analysts expect the stock to reach $347.5 within the next 12 months. Valmont Industries, Inc [NYSE: VMI] shares were valued at $336.35 at the most recent close of the market. An investor can expect a potential return of 3.31% based on the average VMI price forecast.

Analyzing the VMI fundamentals

According to Valmont Industries, Inc [NYSE:VMI], the company’s sales were 4.05B for trailing twelve months, which represents an -2.87% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.19 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.68.

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 333.90 points at the first support level, and at 331.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 339.33, and for the 2nd resistance point, it is at 342.31.

Ratios To Look Out For

It is important to note that Valmont Industries, Inc [NYSE:VMI] has a current ratio of 2.35. In addition, the Quick Ratio stands at 1.55 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.66, the price to book ratio is 4.37 and price to earnings (TTM) ratio is 22.31.

Transactions by insiders

Recent insider trading involved BAY MOGENS C, Director, that happened on Dec 02 ’24 when 20000.0 shares were sold. Officer, CYNTHIA M. BAY AND MOGENS C. B completed a deal on Dec 02 ’24 to buy 20000.0 shares. Meanwhile, Director den Daas Kaj sold 1000.0 shares on Nov 18 ’24.

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