Alert: New Earnings Report (10/22/24)-Valmont Industries Inc (NYSE: VMI).

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For its third fiscal quarter (ending September 30), Valmont Industries Inc (NYSE: VMI) has reported E.P.S. of $4.13 compared to $-2.34 a year ago. E.P.S. were $14.82 for the latest four quarters through September 30 versus $7.34 for the same period a year ago.

Recent Price Action

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Valmont Industries Inc (NYSE: VMI) stock declined by -2.3% on 10/22/24. The shares closed at $294.94. Moreover, trading volume in this decline was above average at 143% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.7% 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 C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Valmont Industries has a poor Appreciation Score of 24 but a good Power Rating of 83, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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