Valmont Industries Inc (NYSE: VMI) has reported earnings for its first fiscal quarter (ending March 31) of $4.35 versus $3.50 for the same period a year ago — an increase of 24%. For the latest four quarters through March 31, E.P.S. were $7.65 compared to $12.34 a year ago — a decline of -38%.
Recent Price Action
Valmont Industries Inc (NYSE: VMI) stock closed at $207.70 on 5/1/24 after an increase of 1.4%. Moreover, this advance was accompanied by above average trading volume at 144% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, VMI is expected to continue to be a major Value Builder.
Valmont Industries has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Valmont Industries has a slightly negative Appreciation Score of 32 and a poor Power Rating of 20, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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