On 10/23/24, Valmont Industries Inc (NYSE: VMI) stock enjoyed a major increase of 10.4%, closing at $325.60. Moreover, trading volume in this advance was exceptionally high at 373% of normal. The stock has risen 7.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 (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 24 but a good Power Rating of 83, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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