Vulcan Materials (NYSE:VMC)‘s stock had its “buy” rating reissued by analysts at Stephens in a report released on Wednesday. They currently have a $158.00 price objective on the construction company’s stock. Stephens’ price target points to a potential upside of 19.81% from the company’s current price.

A number of other analysts have also commented on the company. Zacks Investment Research upgraded Vulcan Materials from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 12th. SunTrust Banks set a $145.00 price target on Vulcan Materials and gave the stock a “buy” rating in a report on Saturday, December 16th. Barclays started coverage on Vulcan Materials in a report on Tuesday, December 12th. They set an “overweight” rating and a $135.00 price target on the stock. Jefferies Group reiterated a “hold” rating and set a $122.00 price target on shares of Vulcan Materials in a report on Friday, October 13th. Finally, Bank of America dropped their price target on Vulcan Materials from $130.00 to $128.00 and set a “neutral” rating on the stock in a report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Vulcan Materials has a consensus rating of “Buy” and a consensus price target of $142.13.

Vulcan Materials (NYSE:VMC) traded up $3.50 during mid-day trading on Wednesday, hitting $131.87. The stock had a trading volume of 1,869,600 shares, compared to its average volume of 1,418,600. Vulcan Materials has a 52 week low of $108.95 and a 52 week high of $136.82. The company has a quick ratio of 3.34, a current ratio of 4.22 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $17,710.00, a price-to-earnings ratio of 45.01, a PEG ratio of 1.91 and a beta of 0.87.

Vulcan Materials (NYSE:VMC) last posted its earnings results on Wednesday, November 1st. The construction company reported $1.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.40 by ($0.36). The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. Vulcan Materials had a net margin of 10.20% and a return on equity of 8.71%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.01 EPS. research analysts expect that Vulcan Materials will post 3.01 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in VMC. Janus Henderson Group PLC increased its position in Vulcan Materials by 4,985.8% in the second quarter. Janus Henderson Group PLC now owns 4,209,593 shares of the construction company’s stock worth $533,271,000 after buying an additional 4,126,822 shares during the last quarter. Third Point LLC purchased a new stake in Vulcan Materials in the second quarter worth $202,688,000. Point72 Asset Management L.P. grew its position in shares of Vulcan Materials by 116.5% in the third quarter. Point72 Asset Management L.P. now owns 1,038,752 shares of the construction company’s stock valued at $124,235,000 after purchasing an additional 558,900 shares in the last quarter. Cramer Rosenthal Mcglynn LLC purchased a new position in shares of Vulcan Materials in the second quarter valued at $58,623,000. Finally, CI Investments Inc. purchased a new position in shares of Vulcan Materials in the third quarter valued at $55,271,000. 89.02% of the stock is owned by institutional investors and hedge funds.

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About Vulcan Materials

Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).

Analyst Recommendations for Vulcan Materials (NYSE:VMC)

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