Valmont Industries (NYSE:VMI) Issues Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Valmont Industries (NYSE:VMIGet Free Report) posted its quarterly earnings results on Tuesday. The industrial products company reported $4.32 EPS for the quarter, beating the consensus estimate of $4.24 by $0.08, Zacks reports. Valmont Industries had a return on equity of 23.15% and a net margin of 8.55%. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.

Valmont Industries Stock Performance

VMI opened at $270.06 on Tuesday. The company has a market cap of $5.42 billion, a PE ratio of 15.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.55 and a current ratio of 2.07. The stock has a 50-day moving average of $310.37 and a 200-day moving average of $319.51. Valmont Industries has a 52-week low of $202.01 and a 52-week high of $379.22.

Valmont Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.01%. This is a positive change from Valmont Industries’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Friday, March 28th. Valmont Industries’s dividend payout ratio is 15.83%.

Analyst Ratings Changes

A number of research firms have weighed in on VMI. DA Davidson cut Valmont Industries from a “buy” rating to a “neutral” rating and set a $380.00 price target for the company. in a report on Wednesday, February 19th. William Blair lowered Valmont Industries from an “outperform” rating to a “market perform” rating in a report on Friday, March 21st. Stifel Nicolaus dropped their target price on shares of Valmont Industries from $425.00 to $343.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, StockNews.com downgraded Valmont Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 29th.

Read Our Latest Research Report on VMI

Valmont Industries Company Profile

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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.

See Also

Earnings History for Valmont Industries (NYSE:VMI)

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