Valmont Industries Executive Transition and Successor Search
TipRanks (Mon, 13-May 4:33 PM ET)
Valmont (VMI) Receives a Rating Update from a Top Analyst
TipRanks (Wed, 8-May 10:07 PM ET)
Valmont Board Declares Quarterly Dividend
Business Wire (Mon, 6-May 4:16 PM ET)
Valmont Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance
Business Wire (Wed, 1-May 4:16 PM ET)
Valmont Industries, Inc. Announces First Quarter 2024 Earnings Call
Business Wire (Wed, 17-Apr 4:16 PM ET)
Valmont Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Wed, 21-Feb 4:16 PM ET)
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
Valmont Industries trades on the NYSE stock market under the symbol VMI.
As of May 13, 2024, VMI stock price declined to $259.88 with 182,134 million shares trading.
VMI has a beta of 1.01, meaning it tends to be more sensitive to market movements. VMI has a correlation of 0.13 to the broad based SPY ETF.
VMI has a market cap of $5.25 billion. This is considered a Mid Cap stock.
Last quarter Valmont Industries reported $978 million in Revenue and $4.32 earnings per share. This fell short of revenue expectation by $-9 million and exceeded earnings estimates by $1.07.
In the last 3 years, VMI stock traded as high as $353.36 and as low as $188.63.
The top ETF exchange traded funds that VMI belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
VMI stock has underperformed the market in the last year with a return of -9.1%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VMI shares. However, VMI has outperformed the market in the last 3 month and 2 week periods, returning +9.3% and +23.8%, while SPY returned +4.3% and +2.5%, respectively. This indicates VMI has been having a stronger performance recently.
VMI support price is $256.18 and resistance is $264.32 (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 VMI stock will trade within this expected range on the day.