Vulcan Materials (NYSE:VMC) insider Michael R. Mills sold 4,659 shares of the company’s stock in a transaction on Friday, January 5th. The stock was sold at an average price of $133.25, for a total transaction of $620,811.75. Following the completion of the transaction, the insider now directly owns 45,351 shares of the company’s stock, valued at approximately $6,043,020.75. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Vulcan Materials (NYSE VMC) opened at $133.97 on Monday. The stock has a market cap of $17,722.15, a price-to-earnings ratio of 45.11, a price-to-earnings-growth ratio of 1.99 and a beta of 0.88. Vulcan Materials has a fifty-two week low of $108.95 and a fifty-two week high of $136.82. The company has a quick ratio of 3.34, a current ratio of 4.22 and a debt-to-equity ratio of 0.60.
Vulcan Materials (NYSE:VMC) last issued its earnings results on Wednesday, November 1st. The construction company reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($0.36). The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Vulcan Materials had a return on equity of 8.71% and a net margin of 10.20%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the business earned $1.01 EPS. sell-side analysts expect that Vulcan Materials will post 3.01 EPS for the current year.
VMC has been the topic of several research analyst reports. Citigroup reiterated a “buy” rating and issued a $140.00 price target (down previously from $145.00) on shares of Vulcan Materials in a research note on Monday, October 9th. Royal Bank of Canada restated a “buy” rating and set a $154.00 target price on shares of Vulcan Materials in a research report on Tuesday, October 10th. Jefferies Group reiterated a “hold” rating and set a $122.00 price target on shares of Vulcan Materials in a report on Friday, October 13th. Bank of America cut their price target on shares of Vulcan Materials from $130.00 to $128.00 and set a “neutral” rating on the stock in a report on Thursday, October 19th. Finally, Zacks Investment Research upgraded shares of Vulcan Materials from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $142.13.
Vulcan Materials Company Profile
Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).
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