Valmont Industries (NYSE:VMI) Releases Quarterly Earnings Results, Beats Expectations By $0.21 EPS

Valmont Industries (NYSE:VMI - Get Free Report) released its earnings results on Tuesday. The industrial products company reported $3.84 EPS for the quarter, beating the consensus estimate of $3.63 by $0.21, RTT News reports. Valmont Industries had a net margin of 8.55% and a return on equity of 23.15%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the firm earned $3.18 EPS. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.

Valmont Industries Trading Down 3.8 %

Valmont Industries stock traded down $13.74 during trading hours on Friday, reaching $349.17. The stock had a trading volume of 113,467 shares, compared to its average volume of 122,464. The stock has a market cap of $7.00 billion, a PE ratio of 20.32 and a beta of 1.05. Valmont Industries has a 52 week low of $202.01 and a 52 week high of $379.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.07 and a quick ratio of 1.55. The company has a fifty day simple moving average of $324.10 and a 200-day simple moving average of $312.21.

Valmont Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from Valmont Industries's previous quarterly dividend of $0.60. Valmont Industries's dividend payout ratio (DPR) is 15.83%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of Valmont Industries from $387.00 to $425.00 and gave the company a "buy" rating in a report on Wednesday. StockNews.com lowered shares of Valmont Industries from a "strong-buy" rating to a "buy" rating in a report on Wednesday. Finally, DA Davidson lowered shares of Valmont Industries from a "buy" rating to a "neutral" rating and set a $380.00 target price on the stock. in a report on Wednesday.

Insiders Place Their Bets

In other Valmont Industries news, Director Mogens C. Bay sold 20,000 shares of the firm's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $348.92, for a total value of $6,978,400.00. Following the sale, the director now owns 131,730 shares of the company's stock, valued at $45,963,231.60. This trade represents a 13.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.00% of the company's stock.

About Valmont Industries

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.