Alert: New Earnings Report (10/30/24)-Vulcan Materials Co (NYSE: VMC).

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Vulcan Materials Co (NYSE: VMC) has reported earnings for its third fiscal quarter (ending September 30) of $1.58 versus $2.10 for the same period a year ago — a decline of -25%. E.P.S. were $6.44 for the latest four quarters through September 30 versus $6.29 for the same period a year ago — an increase of 2%.

Recent Price Action

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On 10/30/24, Vulcan Materials Co (NYSE: VMC) stock enjoyed a very large increase of 6.4%, closing at $276.23. Moreover, exceptionally high trading volume at 206% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 8.9% during the last week.

Current PriceTarget Research Rating

VMC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Vulcan Materials has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Vulcan Materials has a slightly negative Appreciation Score of 32 and a poor Power Rating of 29, and the Lowest Value Trend Rating results.

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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