Valmont Industries Inc (NYSE: VMI) stock closed at $244.57 on 5/2/24 after a major increase of 17.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 334% of normal. The stock has been weak relative to the market over the last nine months but has risen 15.0% 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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary 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 very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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