Vulcan Materials Co (VMC) continues to command attention in the cement and construction market. Amid various movements, VMC's stock sees a consistent rise, outperforming market trends, albeit with periodic underperformance. Piquing interest, CEO J. Thomas Hill unloaded $3.5 million in stock, reinforcing the speculation as other insiders also parted with $18 million worth of stock. The latest
SWOT insights and extended research coverage by
UBS solidify Vulcan's status as a resilient player, maintaining a 'Buy' rating despite marginal misses in EPS forecasts and Q3 earnings and revenue estimates. Notable transactions include Principal Financial Group Inc. acquiring considerable shares, and Robeco Institutional Asset Management B.V. selling off a substantial number of them.
Vulcan remains an attractive option for investment with a five-year yield of 87% amidst discussions about VMC's indebtedness. The Q3 2024 earnings call centered around weather perturbations while reporting a dip in Q2 earnings and a revised 2025 view. Vulcan announces its intention to acquire
Wake Stone Corporation as it navigates legal challenges and potentially unfavourable circumstances like Mexico's intended expropriation of its facilities.
Vulcan Materials Company VMC News Analytics from Thu, 07 Dec 2023 08:00:00 GMT to Sat, 09 Nov 2024 02:53:12 GMT -
Rating 0
- Innovation -2
- Information 5
- Rumor -4
