Alert: Positive Investment/Fundamental Signals (6/21/24)-Valmont Industries Inc (NYSE: VMI)

out_logo_500#18609.jpg

Significant positive changes in Valmont Industries Inc (NYSE: VMI) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Significant positive changes in investment behavior have recently occurred for Valmont Industries Inc (NYSE: VMI): the stock rose on very heavy volume.

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

out_mm#18609.jpg

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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Valmont Industries has a poor Appreciation Score of 22 but a neutral Power Rating of 57, leading to the Negative Value Trend Rating.

Recent Price Action

On 6/21/24, Valmont Industries Inc (NYSE: VMI) stock increased 1.1%, closing at $273.87. Moreover, trading volume in this advance was exceptionally high at 229% of normal. The stock has performed in line with the market over the last nine months and has risen 1.5% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*