Vulcan Materials (VMC) Receiving Positive Media Coverage, Analysis Finds

Media stories about Vulcan Materials (NYSE:VMC) have been trending positive recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Vulcan Materials earned a coverage optimism score of 3.00 on their scale. InfoTrie also assigned media stories about the construction company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the near future.

Here are some of the news headlines that may have impacted Vulcan Materials’ ranking:

Shares of NYSE VMC traded down $2.22 during trading on Friday, reaching $105.76. 1,284,134 shares of the stock were exchanged, compared to its average volume of 1,426,181. Vulcan Materials has a twelve month low of $82.52 and a twelve month high of $141.20. The company has a current ratio of 1.70, a quick ratio of 1.11 and a debt-to-equity ratio of 0.54. The stock has a market cap of $13.75 billion, a P/E ratio of 34.79, a PEG ratio of 1.34 and a beta of 0.99.

Vulcan Materials (NYSE:VMC) last issued its quarterly earnings results on Tuesday, October 30th. The construction company reported $1.40 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.40. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.23 billion. Vulcan Materials had a net margin of 16.84% and a return on equity of 10.20%. The business’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.04 earnings per share. On average, research analysts expect that Vulcan Materials will post 3.96 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 7th. Investors of record on Wednesday, November 21st will be paid a $0.28 dividend. The ex-dividend date of this dividend is Tuesday, November 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.06%. Vulcan Materials’s dividend payout ratio (DPR) is presently 36.84%.

A number of research analysts have recently commented on VMC shares. Zacks Investment Research cut shares of Vulcan Materials from a “hold” rating to a “sell” rating in a research report on Sunday, July 15th. Bank of America cut shares of Vulcan Materials from a “buy” rating to a “neutral” rating and set a $130.00 target price on the stock. in a research report on Wednesday, July 25th. They noted that the move was a valuation call. ValuEngine cut shares of Vulcan Materials from a “hold” rating to a “sell” rating in a research report on Thursday, July 26th. Jefferies Financial Group raised shares of Vulcan Materials from a “hold” rating to a “buy” rating and set a $128.00 target price on the stock in a research report on Wednesday, August 1st. Finally, Royal Bank of Canada raised shares of Vulcan Materials from a “sector perform” rating to an “outperform” rating and set a $97.00 target price on the stock in a research report on Wednesday, August 1st. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $121.45.

In related news, Chairman J Thomas Hill purchased 1,955 shares of the company’s stock in a transaction that occurred on Tuesday, November 6th. The stock was acquired at an average price of $101.66 per share, for a total transaction of $198,745.30. Following the completion of the purchase, the chairman now owns 57,348 shares in the company, valued at $5,829,997.68. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.89% of the stock is currently owned by insiders.

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About Vulcan Materials

Vulcan Materials Company produces and supplies construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stone, sand and gravel, sand, and other aggregates; and related products and services for use in the 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.

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