VMC Stock Summary and Trading Ideas (Vulcan Materials Company (Holding Company) | NYSE:VMC)

Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2023, Vulcan sold 234.3 million tons of aggregates, 13.4 million tons of asphalt mix, and 7.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.

Vulcan Materials Company (Holding Company) trades on the NYSE stock market under the symbol VMC.

As of April 17, 2024, VMC stock price declined to $258.26 with 678,321 million shares trading.

VMC has a beta of 1.06, meaning it tends to be more sensitive to market movements. VMC has a correlation of 0.30 to the broad based SPY ETF.

VMC has a market cap of $34.15 billion. This is considered a Large Cap stock.

Last quarter Vulcan Materials Company (Holding Company) reported $2 billion in Revenue and $1.46 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.07.

In the last 3 years, VMC stock traded as high as $276.58 and as low as $137.54.

The top ETF exchange traded funds that VMC belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

VMC has outperformed the market in the last year with a price return of +53.8% while the SPY ETF gained +23.0%. VMC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.3% and -3.0%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

VMC support price is $255.00 and resistance is $262.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VMC stock will trade within this expected range on the day.