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Vulcan Materials (VMC) Stock Forecast & Price Target

$258.64
+2.16 (+0.84%)
(As of 10/17/2024 ET)

Vulcan Materials - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
9

Based on 13 Wall Street analysts who have issued ratings for Vulcan Materials in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 4 have given a hold rating, and 9 have given a buy rating for VMC.

Consensus Price Target

$272.45
5.34% Upside
According to the 13 analysts' twelve-month price targets for Vulcan Materials, the average price target is $272.45. The highest price target for VMC is $319.00, while the lowest price target for VMC is $208.00. The average price target represents a forecasted upside of 5.34% from the current price of $258.64.
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VMC Analyst Ratings Over Time

TypeCurrent Forecast
10/18/23 to 10/17/24
1 Month Ago
9/18/23 to 9/17/24
3 Months Ago
7/20/23 to 7/19/24
1 Year Ago
10/18/22 to 10/18/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$272.45$274.73$277.08$240.29
Forecasted Upside5.34% Upside12.08% Upside8.17% Upside17.94% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

VMC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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VMC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Vulcan Materials Stock vs. The Competition

TypeVulcan MaterialsConstruction CompaniesS&P 500
Consensus Rating Score
2.69
2.57
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside5.34% Upside24.19% Upside6.32% Upside
News Sentiment Rating
Neutral News

See Recent VMC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/9/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$250.00 ➝ $245.00+1.39%
8/8/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$297.00 ➝ $292.00+17.55%
8/8/2024Stephens
4 of 5 stars
 Lower TargetOverweight ➝ Overweight$300.00 ➝ $280.00+12.58%
8/7/2024Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$267.00 ➝ $257.00+3.11%
8/7/2024Truist Financial
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 Lower TargetBuy ➝ Buy$320.00 ➝ $300.00+20.66%
7/3/2024Loop Capital
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 Lower TargetBuy ➝ Buy$305.00 ➝ $285.00+16.84%
4/18/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$298.00 ➝ $319.00+23.24%
3/8/2024Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
2/20/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$264.00 ➝ $292.00+16.59%
1/25/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$225.00 ➝ $240.00+9.19%
1/8/2024Morgan Stanley
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 Initiated CoverageEqual Weight$208.00-6.15%
12/19/2023Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$260.00 ➝ $279.00+24.10%
10/24/2023Seaport Res Ptn
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R. Seth
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UpgradeNeutral ➝ Buy
8/7/2023Barclays
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 Boost TargetOverweight ➝ Overweight$230.00 ➝ $250.00+10.27%
8/7/2023DA Davidson
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 Boost TargetBuy ➝ Buy$225.00 ➝ $260.00+15.04%
1/24/2023Atlantic Securities
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 DowngradeOverweight ➝ Neutral$180.00 ➝ $185.00+3.09%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:13 PM ET.


Should I Buy Vulcan Materials Stock? VMC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 13, 2024. Please send any questions or comments about these Vulcan Materials pros and cons to contact@marketbeat.com.

Vulcan Materials
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Vulcan Materials:

  • Vulcan Materials has shown consistent growth in revenue and earnings over recent quarters, indicating a strong financial performance.
  • The company has a low debt-to-equity ratio of 0.43, which signifies a healthy balance sheet and financial stability.
  • Analysts have given Vulcan Materials a "Moderate Buy" rating with a consensus target price of $274.73, suggesting potential for stock price appreciation.
  • Vulcan Materials pays a quarterly dividend with a dividend yield of 0.73%, providing investors with a steady income stream.
  • The company's current ratio of 2.48 indicates strong liquidity and ability to meet short-term obligations.

Vulcan Materials
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Vulcan Materials for these reasons:

  • Despite positive analyst ratings, there have been recent price target cuts by various financial institutions, which may indicate concerns about future growth prospects.
  • Vulcan Materials' stock price has experienced fluctuations, with a 52-week range between $190.51 and $278.79, potentially leading to volatility in investment returns.
  • The company's recent earnings report showed a miss on the consensus estimate, which could impact investor confidence in short-term performance.
  • Market conditions and regulatory changes in the construction industry could affect Vulcan Materials' operations and profitability.
  • Investors should consider potential risks associated with the construction sector, such as economic downturns impacting infrastructure spending.

VMC Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Vulcan Materials is $272.45, with a high forecast of $319.00 and a low forecast of $208.00.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vulcan Materials in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VMC shares.

According to analysts, Vulcan Materials's stock has a predicted upside of 5.34% based on their 12-month stock forecasts.

Vulcan Materials has been rated by research analysts at Citigroup, JPMorgan Chase & Co., Royal Bank of Canada, Stephens, and Truist Financial in the past 90 days.

Analysts like Vulcan Materials more than other "construction" companies. The consensus rating score for Vulcan Materials is 2.69 while the average consensus rating score for "construction" companies is 2.58. Learn more on how VMC compares to other companies.


This page (NYSE:VMC) was last updated on 10/17/2024 by MarketBeat.com Staff
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