Vulcan Materials Co (NYSE: VMC) is 27.95% higher on its value in year-to-date trading and has touched a low of $206.11 and a high of $279.47 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VMC stock was last observed hovering at around $272.67 in the last trading session, with the day’s gains setting it 17.78%.
Currently trading at $290.45, the stock is 11.28% and 16.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.67 million and changing 6.52% at the moment leaves the stock 14.44% off its SMA200. VMC registered 40.22% gain for a year compared to 6-month loss of 8.41%. The firm has a 50-day simple moving average (SMA 50) of $248.6286 and a 200-day simple moving average (SMA200) of $253.471.
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The stock witnessed a 21.94% gain in the last 1 month and extending the period to 3 months gives it a 17.91%, and is 5.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.24% over the week and 2.23% over the month.
Vulcan Materials Co (VMC) has around 10382 employees, a market worth around $38.36B and $7.40B in sales. Current P/E ratio is 45.74 and Fwd P/E is 32.09. Profit margin for the company is 11.43%. Distance from 52-week low is 40.92% and 3.93% from its 52-week high. The company has generated returns on investments over the last 12 months (7.22%).
Vulcan Materials Co quarterly earnings per share for the current quarter are estimated at 1.8 with sales reaching $1.81B over the same period.The EPS is expected to grow by 3.02% this year, but quarterly earnings will post -4.90% year-over-year. Quarterly sales are estimated to shrink -1.30% in year-over-year returns.
1187.0 institutions hold shares in Vulcan Materials Co (VMC), with institutional investors hold 94.60% of the company’s shares. The shares outstanding are 132.10M, and float is at 131.82M with Short Float at 1.14%. Institutions hold 94.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.18 million shares valued at $4.02 billion. The investor’s holdings represent 12.2189 of the VMC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.04 million shares valued at $2.5 billion to account for 7.5807 of the shares outstanding. The other top investors are STATE FARM MUTUAL AUTOMOBILE INSURANCE CO which holds 9.67 million shares representing 7.3011 and valued at over $2.4 billion, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 5.4288 of the shares totaling 7.19 million with a market value of $1.79 billion.
Vulcan Materials Co (VMC) Insider Activity
The most recent transaction is an insider sale by Hill J Thomas, the company’s Chairman & CEO. SEC filings show that Hill J Thomas sold 12,212 shares of the company’s common stock on Oct 31 ’24 at a price of $275.54 per share for a total of $3.36 million. Following the sale, the insider now owns 29531.0 shares.
Still, SEC filings show that on Aug 09 ’24, Hill J Thomas (Chairman & CEO) disposed off 35,592 shares at an average price of $244.43 for $8.7 million. The insider now directly holds 29,531 shares of Vulcan Materials Co (VMC).
