Vulcan Materials (VMC) Projected to Post Quarterly Earnings on Tuesday

Vulcan Materials (NYSE:VMC) is expected to be releasing its earnings data before the market opens on Tuesday, February 18th. Analysts expect Vulcan Materials to post earnings of $1.76 per share and revenue of $1.81 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Vulcan Materials Price Performance

Shares of NYSE:VMC opened at $268.40 on Tuesday. The company has a market cap of $35.44 billion, a PE ratio of 42.33, a P/E/G ratio of 2.14 and a beta of 0.84. Vulcan Materials has a fifty-two week low of $225.36 and a fifty-two week high of $298.31. The firm has a 50-day simple moving average of $269.51 and a 200 day simple moving average of $261.29. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.42.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Truist Financial increased their price target on Vulcan Materials from $300.00 to $315.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. StockNews.com raised shares of Vulcan Materials from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Stephens restated an “overweight” rating and issued a $325.00 target price on shares of Vulcan Materials in a research report on Thursday, January 2nd. Citigroup cut their price target on Vulcan Materials from $325.00 to $301.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. raised their target price on Vulcan Materials from $245.00 to $290.00 and gave the company a “neutral” rating in a research report on Wednesday, November 27th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $301.18.

About Vulcan Materials

Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities.