Valmont Industries (NYSE:VMI - Get Free Report) released its quarterly earnings data on Tuesday. The industrial products company reported $4.32 earnings per share for the quarter, beating analysts' consensus estimates of $4.24 by $0.08, Zacks reports. Valmont Industries had a return on equity of 23.15% and a net margin of 8.55%. The firm had revenue of $969.31 million during the quarter, compared to analyst estimates of $976.04 million. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.
Valmont Industries Trading Down 0.5 %
Shares of Valmont Industries stock traded down $1.38 during trading hours on Friday, hitting $295.12. The company's stock had a trading volume of 2,322 shares, compared to its average volume of 148,552. The firm has a fifty day moving average of $308.37 and a 200-day moving average of $319.02. The stock has a market cap of $5.92 billion, a price-to-earnings ratio of 17.12 and a beta of 1.07. Valmont Industries has a twelve month low of $202.01 and a twelve month high of $379.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.55 and a current ratio of 2.07.
Valmont Industries Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 0.92%. The ex-dividend date was Friday, March 28th. This is a boost from Valmont Industries's previous quarterly dividend of $0.60. Valmont Industries's dividend payout ratio is currently 15.83%.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the company. William Blair raised Valmont Industries from a "market perform" rating to an "outperform" rating in a report on Wednesday. DA Davidson downgraded Valmont Industries from a "buy" rating to a "neutral" rating and set a $380.00 price target for the company. in a research note on Wednesday, February 19th. Stifel Nicolaus increased their price target on Valmont Industries from $343.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, StockNews.com lowered Valmont Industries from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 29th.
View Our Latest Stock Report on Valmont Industries
Valmont Industries Company Profile
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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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