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Vulcan Materials Co (NYSE: VMC) closed the day trading at $256.40 down -1.13% from the previous closing price of $259.34. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 0.57 million shares were traded. VMC stock price reached its highest trading level at $259.96 during the session, while it also had its lowest trading level at $253.76.
Ratios:
For a better understanding of VMC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.04. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on March 22, 2024, Downgraded its rating to Neutral and sets its target price to $270 from $245 previously.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on January 12, 2024, whereas the target price for the stock was revised from $235 to $236.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when Franklin Denson N. III sold 3,200 shares for $269.48 per share. The transaction valued at 862,336 led to the insider holds 5,395 shares of the business.
Clement David P sold 2,842 shares of VMC for $747,446 on Feb 29 ’24. The Senior Vice President now owns 3,660 shares after completing the transaction at $263.00 per share. On Feb 26 ’24, another insider, Anderson Melissa H., who serves as the Director of the company, sold 1,200 shares for $260.48 each. As a result, the insider received 312,576 and left with 330 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VMC now has a Market Capitalization of 34303242240 and an Enterprise Value of 37462228992. As of this moment, Vulcan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.73, and their Forward P/E ratio for the next fiscal year is 25.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.36 while its Price-to-Book (P/B) ratio in mrq is 4.53. Its current Enterprise Value per Revenue stands at 4.814 whereas that against EBITDA is 18.741.
Stock Price History:
Over the past 52 weeks, VMC has reached a high of $276.58, while it has fallen to a 52-week low of $166.43. The 50-Day Moving Average of the stock is -2.54%, while the 200-Day Moving Average is calculated to be 12.29%.
Shares Statistics:
Over the past 3-months, VMC traded about 820.71K shares per day on average, while over the past 10 days, VMC traded about 613510 shares per day. A total of 132.10M shares are outstanding, with a floating share count of 131.98M. Insiders hold about 0.19% of the company’s shares, while institutions hold 92.48% stake in the company. Shares short for VMC as of 1711584000 were 2010942 with a Short Ratio of 2.45, compared to 1709164800 on 1577782. Therefore, it implies a Short% of Shares Outstanding of 2010942 and a Short% of Float of 1.73.
Dividends & Splits
VMC’s forward annual dividend rate is 1.75, up from 1.72 a year ago. Against a Trailing Annual Dividend Yield of 0.0066322205The stock’s 5-year Average Dividend Yield is 0.88.
