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Vulcan Materials (NYSE:VMC)’s share price reached a new 52-week high during mid-day trading on Thursday, Analyst Ratings Network reports. The stock traded as high as $67.97 and last traded at $65.82, with a volume of 3,368,497 shares traded. The stock had previously closed at $60.19.

VMC has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus upgraded shares of Vulcan Materials from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, January 28th. They now have a $69.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Vulcan Materials from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 9th. They now have a $71.00 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of Vulcan Materials from a “sell” rating to a “neutral” rating in a research note to investors on Monday, December 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $61.14.

Vulcan Materials has a 1-year low of $45.42 and a 1-year high of $63.05. The stock’s 50-day moving average is $59.34 and its 200-day moving average is $53.95. The company has a market cap of $8.535 billion and a P/E ratio of 439.34.

Vulcan Materials (NYSE:VMC) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.18. The company had revenue of $652.88 million for the quarter, compared to the consensus estimate of $655.15 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. On average, analysts predict that Vulcan Materials will post $-0.07 earnings per share for the current fiscal year.

Vulcan Materials Company is a producer of construction aggregates primarily crushed stone, sand, and gravel.

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