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Wednesday, March 22, 2023

This Is Too Hot For Vulcan Materials Company (NYSE: VMC), Let’s Take A Closer Look

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Vulcan Materials Company (VMC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.01%, to $174.05. The Vulcan Materials Company has recorded 22,995 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed VULCAN REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS.


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Stocks Info

Vulcan Materials Company is listed on the NYSE as a member of the Basic Materials sector and is a part of the Building Materials industry. At the end of the last regular session, the stock closed at $174.07 and fluctuated between $180.46 as its day high and $173.39 as its day low. The current market capitalization of Vulcan Materials Company is $23.04B. A total of 0.73 million shares were traded on the day, compared to an average of 724.03K shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, VMC has seen 11 BUY and 11 SELL insider trades, representing the acquisition of 24,920 and the disposition of 11,015 shares. Over the last 12 months, there were 16 BUYs and 17 SELLs from insiders. Insiders purchased 33,099 shares during that period but sold 20,109.

In the most recent transaction, Clement David P sold 2,000 shares of VMC for 180.00 per share on Dec 05. After the transaction, the Senior Vice President now owns 1,970 company shares. In a previous transaction on Jun 07, Clement David P sold 3,377 shares at 165.23 per share. VMC shares that Senior Vice President owns now total 3,970.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Vulcan Materials Company pays an annual dividend of $1.72, resulting in a dividend yield of 0.99%, and it has a price to earnings (P/E) ratio of 39.13. VMC’s most recent ex-dividend date was 3/3/2023 when it declared a $0.43 quarterly dividend that was paid in cash on 3/20/2023. Previously, the company paid the dividend on 12/5/2022 with an ex-dividend date of 11/14/2022. The VMC stock dividend was $0.40 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for VMC in the last 3 months, the mean price target is $209.19 with high estimates of $250.00 and low estimates of $185.00. In terms of 52-week highs and lows, VMC has a high of $197.76 and a low of $137.54.

As of this writing, VMC has an earnings estimate of $1.26 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.38 per share and a lower estimate of $1.1. The company reported an EPS of $1.53 in the last quarter, which was -9.50% lower than expectations of $1.69.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 24 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VMC is Sell with a score of 4.33. A total of 15 analysts rated the stock as Buy while 2 rated it as Overweight while 6 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.

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