Valmont Industries Inc. (VMI): Time to Buy this stock

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Valmont Industries Inc. (NYSE:VMI) changes shares on Thursday trading session, with a change of -0.45% or -$0.51 shares. The trading starts at $111.36 and closed at $113.06 throughout the day. The trading session low price was $111.36 and day high was $113.98 on Thursday, June 18. After the session, the Industrials sector daily volume shifted to 0.2 million while its average volume is 171.22K. In other hand, the VMI market cap reached to $2.43B. While, its current target price is $112.55 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.98% and up 7.95% for month. Its quarterly performance was 22.12% above, while its half year performance is down -24.47%. VMI yearly performance stood at negative -7.26% and fall -24.86% for year-to-date. Current recommendation for Valmont Industries Inc. is 2.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. VMI EPS (TTM) for 12-month is 7.40. EPS for this year is 66.80%, while for the next year its value is 6.89. Sales growth for the current quarter is 1.52 while its EPS Q/Q reached 21.20%. It has an EPS of -0.10% down for past five years and for the next five years will be up 10.00%.

Let’s take a look on the analyst recommendations on VMI for the current month and previous month. For the current month, 1 of 6 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 5 analysts participate in stock recommendation. Out of 5, 0 rated it sell, 1 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $125.00-$140.00. Average target price for VMI was reached at $131.00.

Vanguard Group, Inc. (The), Blackrock Inc. and Neuberger Berman Group, LLC are the top three holders in Valmont Industries Inc. (VMI) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 2.05 million shares which valued 217.08 million. On Mar 30, 2020, Blackrock Inc. owned 1.91 million shares which valued at 202.44 million. On Mar 30, 2020, Neuberger Berman Group, LLC has a total of 1.04 million shares which valued at 110.26 million. In the end, Neuberger Berman Group, LLC have 4.87% shares outstanding of Valmont Industries Inc. (VMI) on Mar 30, 2020. The insider ownership moved to 2.40% and institutional holding shifted to 89.70%.

The company posted an EPS (TTM) of 7.40. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 1.43, while 1.9 EPS posted a year ago period. Analyst Estimated EPS for VMI published in the report was 1.22-1.6 during the same period. Comparing with last year, the average estimated EPS was 1.9 which is lower than 1.99 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for VMI fall -13.04% for period of 200 days. SMA for 50 days was 0.92% which is showing green signal, while SMA-20 was -1.34%. The moving average value for Valmont Industries Inc. (VMI) is 125.02 and 112.00 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in VMI stock. On Mar 13, Laterreur Claudio, SVP IT / CIO, bought 444 trading shares at the cost of $91.54, which valued at 40642.0. On Aug 01, JAKSICH MARK C, Executive VP & CFO, sold 7,500 shares at the cost of $137.19, with total shares of 24,187. On Jul 31, Randt Clark T. Jr., Director, sold 1,000 shares at the cost of 137.56. After this transaction, Randt Clark T. Jr. total shares reached to 7,539 which valued at 0.14 million.