Vulcan Materials Company (VMC) has been consistently rated as a
buy by Citigroup and Loop Capital amidst multiple fluctuating metrics, with Barclays maintaining an
overweight rating. The construction material giant has both incredible highs and some disappointments.
Vulcan's financial performance has generally remained strong, although quarterly sales have occasionally
missed estimates. The
financial outlook is robust, as cited by analysts; however, the stock's recent performance may not be solely attributed to it. Notably, Vulcan increased its quarterly dividend on common stock twice over the period, a positive indicator for investors. The company reaffirmed its
adjusted EBITDA guidance of $2.35B-$2.55B as public demand continues to accelerate. Simultaneously, the acquisition of a leading building materials company in Southern California points to expansion. Vulcan managed to weather market fluctuations with its strong pricing power, even amidst a softer macro backdrop. Despite constrained private construction demand, the company benefits from increased infrastructure spending. Moving forward, the company is considered a steady foundation for long-term dividend growth.
Vulcan Materials Company VMC News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 09 Aug 2025 11:28:46 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor 3
