Vulcan Materials Co (NYSE: VMC) is -8.58% lower on its value in year-to-date trading and has touched a low of $225.36 and a high of $298.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VMC stock was last observed hovering at around $240.35 in the last trading session, with the day’s loss setting it -5.18%.
Currently trading at $235.17, the stock is -8.38% and -10.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -2.16% at the moment leaves the stock -9.02% off its SMA200. VMC registered -12.20% loss for a year compared to 6-month gain of -1.61%.
The stock witnessed a -13.56% loss in the last 1 month and extending the period to 3 months gives it a -18.07%, and is -4.06% down 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 3.51% over the week and 2.67% over the month.
Vulcan Materials Co (VMC) has around 11971 employees, a market worth around $31.07B and $7.42B in sales. Current P/E ratio is 34.30 and Fwd P/E is 23.69. Profit margin for the company is 12.30%. Distance from 52-week low is 4.35% and -21.17% from its 52-week high. The company has generated returns on investments over the last 12 months (6.73%).
with sales reaching $1.64B over the same period.The EPS is expected to grow by 12.68% this year, but quarterly earnings will post 10.92% year-over-year. Quarterly sales are estimated to grow 5.85% in year-over-year returns.
The shares outstanding are 132.10M, and float is at 131.78M with Short Float at 1.42%.
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 Clement David P, the company’s Senior Vice President. SEC filings show that Clement David P sold 887 shares of the company’s common stock on Nov 25 ’24 at a price of $285.95 per share for a total of $0.25 million. Following the sale, the insider now owns 773.0 shares.
Still, SEC filings show that on Nov 08 ’24, Perkins Jerry F Jr (Senior Vice President) disposed off 1,657 shares at an average price of $290.58 for $0.48 million. The insider now directly holds 8,883 shares of Vulcan Materials Co (VMC).
