Vulcan Materials (VMC) to Release Earnings on Tuesday

Vulcan Materials (NYSE:VMC) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 18th. Analysts expect Vulcan Materials to post earnings of $1.76 per share and revenue of $1.81 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Vulcan Materials Stock Performance

Shares of NYSE VMC opened at $268.40 on Tuesday. Vulcan Materials has a 52-week low of $225.36 and a 52-week high of $298.31. The stock has a market capitalization of $35.44 billion, a price-to-earnings ratio of 42.33, a PEG ratio of 2.14 and a beta of 0.84. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.42. The stock’s fifty day simple moving average is $269.51 and its 200 day simple moving average is $261.29.

Wall Street Analyst Weigh In

Several analysts have issued reports on VMC shares. JPMorgan Chase & Co. boosted their price objective on Vulcan Materials from $245.00 to $290.00 and gave the stock a “neutral” rating in a report on Wednesday, November 27th. Stephens reaffirmed an “overweight” rating and issued a $325.00 price objective on shares of Vulcan Materials in a research note on Thursday, January 2nd. StockNews.com raised shares of Vulcan Materials from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Citigroup decreased their target price on Vulcan Materials from $325.00 to $301.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Finally, Barclays upped their price target on Vulcan Materials from $250.00 to $285.00 and gave the company an “overweight” rating in a research report on Tuesday, October 29th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $301.18.

About Vulcan Materials

Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in 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.