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Valmont Industries (VMI) Stock Price, News & Analysis

Valmont Industries logo
$339.97 +0.34 (+0.10%)
(As of 11/20/2024 ET)

About Valmont Industries Stock (NYSE:VMI)

Key Stats

Today's Range
$336.71
$340.83
50-Day Range
$272.17
$349.20
52-Week Range
$202.01
$352.57
Volume
101,287 shs
Average Volume
135,078 shs
Market Capitalization
$6.81 billion
P/E Ratio
23.10
Dividend Yield
0.71%
Price Target
$370.00
Consensus Rating
Buy

Company Overview

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. It also offers galvanizing, anodizing, painting, and powder coating services for paint products; towers, small cell structures, camouflage concealment solutions, passive intermodulation mitigation equipment, and components for wireless communication markets; and solar single-axis tracker product, an integrated system of steel structures, electric motors, and electronic controllers, as well as provides coatings services to preserve metal products. In addition, the company manufactures center pivot components and linear irrigation equipment for the agricultural markets, such as parts and tubular products for industrial customers; advanced technology solutions for agricultural sector; mechanical irrigation equipment and service parts under the Valley brand name. It serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and farmers, as well as the general manufacturing sector. Valmont Industries, Inc. was founded in 1946 and is headquartered in Omaha, Nebraska.

Valmont Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
81st Percentile Overall Score

VMI MarketRank™: 

Valmont Industries scored higher than 81% of companies evaluated by MarketBeat, and ranked 54th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Valmont Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Valmont Industries has only been the subject of 2 research reports in the past 90 days.

  • Read more about Valmont Industries' stock forecast and price target.
  • Earnings Growth

    Earnings for Valmont Industries are expected to grow by 6.47% in the coming year, from $16.86 to $17.95 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Valmont Industries is 23.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.48.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Valmont Industries is 23.10, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.31.

  • Price to Book Value per Share Ratio

    Valmont Industries has a P/B Ratio of 5.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Valmont Industries' valuation and earnings.
  • Percentage of Shares Shorted

    1.45% of the float of Valmont Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Valmont Industries has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Valmont Industries has recently decreased by 8.31%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Valmont Industries has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Valmont Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Valmont Industries is 16.30%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Valmont Industries will have a dividend payout ratio of 13.37% next year. This indicates that Valmont Industries will be able to sustain or increase its dividend.

  • Read more about Valmont Industries' dividend.
  • Percentage of Shares Shorted

    1.45% of the float of Valmont Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Valmont Industries has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Valmont Industries has recently decreased by 8.31%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Valmont Industries has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Valmont Industries this week, compared to 5 articles on an average week.
  • Search Interest

    5 people have searched for VMI on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Valmont Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Valmont Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,971,695.00 in company stock.

  • Percentage Held by Insiders

    Only 1.90% of the stock of Valmont Industries is held by insiders.

  • Percentage Held by Institutions

    87.84% of the stock of Valmont Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Valmont Industries' insider trading history.
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VMI Stock News Headlines

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Valmont price target raised to $380 from $340 at DA Davidson
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VMI Stock Analysis - Frequently Asked Questions

Valmont Industries' stock was trading at $233.51 on January 1st, 2024. Since then, VMI stock has increased by 45.6% and is now trading at $339.97.
View the best growth stocks for 2024 here
.

Valmont Industries, Inc. (NYSE:VMI) released its earnings results on Tuesday, October, 22nd. The industrial products company reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.00 by $0.11. The company's revenue for the quarter was down 2.9% on a year-over-year basis.

The following companies are subsidiaries of Valmont Industries: ConcealFab, Prospera Technologies, PivoTrac, Solbras, KC Utility Packaging, Larson Camouflage LLC, Connect-It Wireless Inc, and others.

Valmont Industries' top institutional shareholders include State Street Corp (3.20%), Impax Asset Management Group plc (2.31%), King Luther Capital Management Corp (1.89%) and FMR LLC (1.74%). Insiders that own company stock include Mogens C Bay, Stephen G Kaniewski, Aaron M Schapper, Timothy P Francis, R Andrew Massey, Daas Kaj Den, Theodor Werner Freye and Thomas Mitchell Parnell.
View institutional ownership trends
.

Shares of VMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Valmont Industries investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD) and Netflix (NFLX).

Company Calendar

Ex-Dividend for 10/15 Dividend
9/27/2024
Dividend Payable
10/15/2024
Last Earnings
10/22/2024
Today
11/21/2024
Ex-Dividend for 1/15 Dividend
12/27/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/15/2025
Next Earnings (Estimated)
2/19/2025

Industry, Sector and Symbol

Industry
Fabricated structural metal products
Sub-Industry
Industrial Machinery
CUSIP
92025310
Employees
11,125
Year Founded
1946

Price Target and Rating

Average Stock Price Target
$370.00
High Stock Price Target
$380.00
Low Stock Price Target
$360.00
Potential Upside/Downside
+8.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$143.48 million
Pretax Margin
10.07%

Debt

Sales & Book Value

Annual Sales
$4.17 billion
Cash Flow
$20.01 per share
Book Value
$64.83 per share

Miscellaneous

Free Float
19,654,000
Market Cap
$6.81 billion
Optionable
Optionable
Beta
1.02

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This page (NYSE:VMI) was last updated on 11/21/2024 by MarketBeat.com Staff
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