VMI Stock Summary and Trading Ideas (Valmont Industries | NYSE:VMI)

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 December 12, 2024, VMI stock price declined to $329.22 with 81,396 million shares trading.

VMI has a beta of 0.84, meaning it tends to be less sensitive to market movements. VMI has a correlation of 0.14 to the broad based SPY ETF.

VMI has a market cap of $6.60 billion. This is considered a Mid Cap stock.

Last quarter Valmont Industries reported $1 billion in Revenue and $4.11 earnings per share. This met revenue expectation and exceeded earnings estimates by $.11.

In the last 3 years, VMI traded as high as $354.13 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 has outperformed the market in the last year with a return of +48.7%, while the SPY ETF gained +32.3%. In the last 3 month period, VMI beat the market returning +22.7%, while SPY returned +9.3%. However, in the most recent 2 weeks VMI has underperformed the stock market by returning -6.5%, while SPY returned +0.9%.

VMI support price is $325.91 and resistance is $335.37 (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 shares will trade within this expected range on the day.