Alert: Positive Investment/Fundamental Signals (2/27/24)-Vulcan Materials Co (NYSE: VMC)

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Notable positive changes in fundamentals have recently occurred for Vulcan Materials Co (NYSE: VMC): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.

Vulcan Materials Co (NYSE: VMC) has recently enjoyed meaningful positive changes in investment behavior: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

VMC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Vulcan Materials has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Vulcan Materials has a poor Appreciation Score of 19 but a good Power Rating of 70, resulting in the Low Neutral Value Trend Rating.

Recent Price Action

Vulcan Materials Co (NYSE: VMC) stock rose modestly by 0.9% on 2/27/24. The stock closed at $263.56. This advance was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months and has risen 3.3% during the last week.

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