Equities Analysts Offer Predictions for VMI FY2025 Earnings

Valmont Industries, Inc. (NYSE:VMI - Free Report) - Analysts at DA Davidson raised their FY2025 earnings per share estimates for shares of Valmont Industries in a report issued on Wednesday, April 23rd. DA Davidson analyst B. Thielman now expects that the industrial products company will post earnings of $18.47 per share for the year, up from their prior forecast of $18.38. DA Davidson has a "Neutral" rating and a $380.00 price objective on the stock. The consensus estimate for Valmont Industries' current full-year earnings is $18.07 per share.

Valmont Industries (NYSE:VMI - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The industrial products company reported $4.32 earnings per share for the quarter, topping the consensus estimate of $4.24 by $0.08. Valmont Industries had a net margin of 8.55% and a return on equity of 23.15%. The company had revenue of $969.31 million for the quarter, compared to analysts' expectations of $976.04 million.

VMI has been the topic of several other research reports. Stifel Nicolaus upped their price objective on Valmont Industries from $343.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday. StockNews.com lowered Valmont Industries from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 29th. Finally, William Blair raised Valmont Industries from a "market perform" rating to an "outperform" rating in a research note on Wednesday.

Valmont Industries Price Performance

VMI stock opened at $297.07 on Friday. The stock has a market cap of $5.96 billion, a PE ratio of 17.29 and a beta of 1.07. The company has a 50-day moving average price of $308.37 and a 200 day moving average price of $319.02. Valmont Industries has a 12 month low of $202.01 and a 12 month high of $379.22. The company has a current ratio of 2.07, a quick ratio of 1.55 and a debt-to-equity ratio of 0.47.

Valmont Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 0.92%. This is a positive change from Valmont Industries's previous quarterly dividend of $0.60. The ex-dividend date was Friday, March 28th. Valmont Industries's dividend payout ratio is presently 15.83%.

Institutional Investors Weigh In On Valmont Industries

Hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. increased its holdings in shares of Valmont Industries by 0.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,950 shares of the industrial products company's stock valued at $1,211,000 after acquiring an additional 34 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Valmont Industries by 2.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,538 shares of the industrial products company's stock valued at $472,000 after purchasing an additional 35 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Valmont Industries by 16.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 249 shares of the industrial products company's stock valued at $76,000 after purchasing an additional 36 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Valmont Industries by 0.7% in the fourth quarter. Arizona State Retirement System now owns 5,853 shares of the industrial products company's stock worth $1,795,000 after buying an additional 38 shares during the last quarter. Finally, Diametric Capital LP lifted its stake in shares of Valmont Industries by 2.2% during the fourth quarter. Diametric Capital LP now owns 1,781 shares of the industrial products company's stock worth $546,000 after buying an additional 39 shares during the period. Hedge funds and other institutional investors own 87.84% of the company's stock.

Valmont Industries Company Profile

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.

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