Recent trading performance of
Vulcan Materials Company (VMC) has been
mixed, though there is sizable
investment interest in the firm, such as Park Presidio Capital LLC holding it as their 4th largest position, and Elo Mutual Pension Insurance and Point72 Asset Management boosting their holdings. Several executives have sold substantial stock in the company. While this poses questions, it is not unusual for insiders to sell shares for personal reasons. The company's financial performance shows potential with
earnings and revenues consistently surpassing estimates.
Future earnings are expected to rise, with Q2 2024 earnings forecasted at $2.59 per share. The performance of VMC's stocks has, however, been
underperforming the market, and there is sizeable
short interest. The company recently redeemed $550M notes ahead of schedule, bolstering its financial position. Overall it appears that the company has a
sustainable financial situation and substantial
investment potential, despite some inconsistent market performance.
Vulcan Materials Company VMC News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Sat, 15 Jun 2024 21:24:43 GMT -
Rating 6
- Innovation 0
- Information 7
- Rumor -2
