Vulcan Materials Company (VMC) has been through eventful times. They are set to acquire a major
building materials company in Southern California and
Wake Stone Corporation, which is a significant addition to their growth strategy. However, their stocks have seen some underperformance on certain days, but saw overperformance on others. VMC also reported solid
earnings growth, a new
product update,
dividend news, and
quarterly reports, but missed EPS by 32%, which led to analysts revising forecasts. Ohio's Public Employees Retirement System and various asset management firms have
reduced or increased stock positions in VMC. VMC's insiders allegedly
sold US$18m of Stock, signaling caution for some. While some vouch for VMC being one of the top picks in the construction materials sector, others question if it's time to buy into the stock. Mexican authorities have created concerns about potential
land expropriation, which VMC is set to fight.
Vulcan Materials Company VMC News Analytics from Fri, 16 Feb 2024 08:00:00 GMT to Sat, 14 Dec 2024 01:17:26 GMT -
Rating 3
- Innovation 0
- Information 8
- Rumor -2