Headlines about Valmont Industries (NYSE:VMI) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Valmont Industries earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.5410556014374 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s scoring:
- Valmont Industries (VMI) and Fortune Brands Home & Security (FBHS) Financial Comparison (americanbankingnews.com)
- Valmont Industries, Inc. – Value Analysis (NYSE:VMI) : November 13, 2017 (finance.yahoo.com)
- Valmont Industries, Inc. breached its 50 day moving average in a Bearish Manner : VMI-US : November 10, 2017 (finance.yahoo.com)
- Valmont Industries, Inc. (VMI) Given Buy Rating at Boenning Scattergood (americanbankingnews.com)
- Head to Head Review: Noka Resources (NX) versus Valmont Industries (VMI) (americanbankingnews.com)
Shares of Valmont Industries (NYSE VMI) opened at $161.20 on Thursday. The stock has a market capitalization of $3,642.10, a P/E ratio of 23.48, a P/E/G ratio of 2.31 and a beta of 1.03. Valmont Industries has a 12-month low of $135.95 and a 12-month high of $165.20. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.53 and a current ratio of 3.50.
Valmont Industries (NYSE:VMI) last issued its quarterly earnings results on Wednesday, October 18th. The industrial products company reported $1.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.60 by ($0.04). The company had revenue of $680.78 million for the quarter, compared to analyst estimates of $652.65 million. Valmont Industries had a return on equity of 14.56% and a net margin of 7.02%. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.48 EPS. analysts forecast that Valmont Industries will post 6.98 EPS for the current fiscal year.
Several research firms have recently commented on VMI. Zacks Investment Research downgraded Valmont Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Boenning Scattergood raised Valmont Industries from a “neutral” rating to an “outperform” rating in a research report on Friday, August 11th. Stifel Nicolaus reissued a “buy” rating and set a $183.00 price target on shares of Valmont Industries in a research report on Tuesday, October 17th. Seaport Global Securities began coverage on Valmont Industries in a research report on Wednesday, September 6th. They set a “buy” rating and a $160.00 price target on the stock. Finally, BidaskClub downgraded Valmont Industries from a “sell” rating to a “strong sell” rating in a research report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Valmont Industries presently has a consensus rating of “Hold” and a consensus target price of $176.50.
Valmont Industries Company Profile
Valmont Industries, Inc is a producer of fabricated metal products, and steel, aluminum and composite pole, tower and other structures, and mechanized irrigation systems. The Company’s segments are Engineered Support Structures (ESS); Utility Support Structures; Energy and Mining; Coatings; Irrigation, and Other.
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