Valmont Industries (NYSE:VMI) Posts Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Valmont Industries (NYSE:VMI) posted its earnings results on Tuesday. The industrial products company reported $3.84 EPS for the quarter, beating the consensus estimate of $3.63 by $0.21, RTT News reports. Valmont Industries had a return on equity of 23.42% and a net margin of 8.55%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the business earned $3.18 earnings per share. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.

Valmont Industries Trading Down 2.7 %

Shares of NYSE:VMI opened at $366.88 on Thursday. The company has a market capitalization of $7.35 billion, a P/E ratio of 21.36 and a beta of 1.05. Valmont Industries has a 1 year low of $202.01 and a 1 year high of $379.22. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.35 and a quick ratio of 1.55. The business’s 50 day simple moving average is $323.00 and its 200 day simple moving average is $311.36.

Valmont Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $2.72 dividend on an annualized basis and a yield of 0.74%. This is an increase from Valmont Industries’s previous quarterly dividend of $0.60. Valmont Industries’s dividend payout ratio is currently 13.97%.

Analyst Ratings Changes

Several research firms have recently commented on VMI. Stifel Nicolaus upped their target price on Valmont Industries from $387.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday. DA Davidson downgraded Valmont Industries from a “buy” rating to a “neutral” rating and set a $380.00 target price on the stock. in a research report on Wednesday. Finally, StockNews.com downgraded Valmont Industries from a “strong-buy” rating to a “buy” rating in a research report on Wednesday.

Insider Buying and Selling

In other Valmont Industries news, Director Mogens C. Bay sold 20,000 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $348.92, for a total transaction of $6,978,400.00. Following the completion of the sale, the director now directly owns 131,730 shares in the company, valued at $45,963,231.60. This represents a 13.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.00% of the stock is currently owned by company insiders.

Valmont Industries Company Profile

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.