Vulcan Materials (VMC) Scheduled to Post Quarterly Earnings on Tuesday

Vulcan Materials (NYSE:VMC) will announce its earnings results before the market opens on Tuesday, October 30th. Analysts expect the company to announce earnings of $1.45 per share for the quarter. Vulcan Materials has set its FY18 guidance at $4.00-4.65 EPS.

Vulcan Materials (NYSE:VMC) last announced its quarterly earnings data on Tuesday, July 31st. The construction company reported $1.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.37 by ($0.14). Vulcan Materials had a return on equity of 9.46% and a net margin of 15.72%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the business posted $0.89 earnings per share. Vulcan Materials’s revenue was up 16.4% on a year-over-year basis. On average, analysts expect Vulcan Materials to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of NYSE:VMC opened at $88.37 on Monday. The company has a quick ratio of 0.96, a current ratio of 1.46 and a debt-to-equity ratio of 0.55. Vulcan Materials has a 1 year low of $86.09 and a 1 year high of $141.20. The firm has a market cap of $11.69 billion, a P/E ratio of 29.07, a PEG ratio of 1.02 and a beta of 0.93.



The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 7th. Investors of record on Wednesday, November 21st will be issued a dividend of $0.28 per share. The ex-dividend date is Tuesday, November 20th. This represents a $1.12 annualized dividend and a dividend yield of 1.27%. Vulcan Materials’s dividend payout ratio is 36.84%.

VMC has been the topic of several analyst reports. ValuEngine downgraded shares of Vulcan Materials from a “hold” rating to a “sell” rating in a research report on Thursday, July 26th. DA Davidson set a $118.00 target price on shares of Vulcan Materials and gave the stock a “hold” rating in a research report on Thursday, October 11th. Zacks Investment Research raised shares of Vulcan Materials from a “sell” rating to a “hold” rating in a research report on Wednesday, September 19th. Stephens set a $125.00 target price on shares of Vulcan Materials and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Finally, Bank of America downgraded shares of Vulcan Materials from a “neutral” rating to an “underperform” rating and set a $103.00 target price on the stock. in a research report on Wednesday, October 17th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $125.80.

About Vulcan Materials

Vulcan Materials Company produces and supplies construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stone, sand and gravel, sand, and other aggregates; and related products and services for use in the construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities.

See Also: Liquidity

Earnings History for Vulcan Materials (NYSE:VMC)

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