Alert: Positive Fundamental Signals (8/5/24)-Valmont Industries Inc (NYSE: VMI)

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Extremely significant positive changes in Valmont Industries Inc (NYSE: VMI) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.

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

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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Valmont Industries has a poor Appreciation Score of 22 but a good Power Rating of 80, triggering the Low Neutral Value Trend Rating.

Recent Price Action

Valmont Industries Inc (NYSE: VMI) stock closed at $278.85 on 8/5/24 after a decline of -2.6%. However, below average trading volume at 74% of normal accompanied the decline. The stock has declined -7.8% during the last week but has been exceptionally strong relative to the market over the last nine months.

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