Stock Rating Downgrade
The Value Trend Rating for Valmont Industries Inc (NYSE: VMI) weakened during the last several trading days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 7/1/20, Valmont Industries Inc (NYSE: VMI) stock declined by -1.7%, closing at $111.65. However, this decline was accompanied by below average trading volume at 79% of normal. The stock has performed in line with the market over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
VMI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Valmont Industries has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Valmont Industries has a neutral Appreciation Score of 44 and a slightly negative Power Rating of 35, and the Negative Value Trend Rating results.