Vulcan Materials Company (NYSE:VMC) has a beta of 0.59, a 12-month trailing P/E ratio of 34.52, and a growth ratio of 2.26. The stock’s Relative Strength Index (RSI) is 42.13, with weekly volatility at 2.53% and ATR at 4.05. The VMC stock’s 52-week price range has touched low of $107.00 and a $194.17 high. Its shares traded lower over the last trading session, losing -0.21% on 06/09/21. The shares fell to a low of $177.00 before closing at $178.62. Intraday shares traded counted 0.83 million, which was -8.74% lower than its 30-day average trading volume of 762.27K. VMC’s previous close was $179.00 while the outstanding shares total 132.75M.
Investors have identified the Building Materials company Vulcan Materials Company as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $24.14 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Vulcan Materials Company (VMC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For VMC, the company has in raw cash 890.94 million on their books with 15.44 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.99 billion total, with 565.86 million as their total liabilities.
VMC were able to record 68.61 million as free cash flow during the 08/03/2021 quarter of the year, this saw their quarterly net cash flow reduce by -307.07 million. In cash movements, the company had a total of 169.26 million as operating cash flow.
Potential earnings growth for Vulcan Materials Company (VMC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/03/2021 quarter of the year, Vulcan Materials Company recorded a total of 1.07 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 1.79% coming in sequential stages and their sales for the 08/03/2021 quarter reducing by -9.99%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 839.08 million trying to sell their products during the last quarter, with the result yielding a gross income of 229.27 million. This allows shareholders to hold on to 132.75M with the recently reported earning now reading 1.20 cents per share. This is a figure that compared to analystâ€™s prediction for their 08/03/2021 (0.69 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 6.19 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on VMC sounds very interesting.
Is the stock of VMC attractive?
In related news, Vice President and Controller, Pigg Randy L. sold 216 shares of the companyâ€™s stock in a transaction that recorded on Mar 01. The sale was performed at an average price of 169.73, for a total value of 36,662. As the sale deal closes, the Senior Vice President, Perkins Jerry F Jr now sold 3,000 shares of the companyâ€™s stock, valued at 411,750. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
7 out of 22 analysts covering the stock have rated it a Buy, while 13 have maintained a Hold recommendation on Vulcan Materials Company. 0 analysts has assigned a Sell rating on the VMC stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $191.53.