Valmont Industries which can be found using ticker (VMI) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 389 and 275 calculating the average target price we see $340.67. Given that the stocks previous close was at $302.30 and the analysts are correct then there would likely be a percentage uptick in value of 12.7%. The 50 day MA is $320.41 and the 200 moving average now moves to $292.75. The market cap for the company is $6,454m. Visit the company website at: https://www.valmont.com
The potential market cap would be $7,273m based on the market consensus.
Valmont Industries produces and sells metal products in the United States, Australia, Brazil, Denmark, and internationally. The company operates through two segments: Infrastructure and Agriculture. It manufactures and distributes steel, pre-stressed concrete, composite, and hybrid structures for lighting, transportation, and telecommunications equipment, as well as utility transmission, distribution, substations, and renewable energy generation equipment; and provides coatings services to preserve metal products. The company also manufactures mechanical irrigation equipment, and related parts and services under the Valley brand name for the agricultural industry; tubular products for industrial customers; and advanced technology solutions for agricultural sector. It serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and farms, as well as the general manufacturing sector. The company was founded in 1946 and is headquartered in Omaha, Nebraska.
The company has a dividend yield of 0.81% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 25.58, revenue per share of 203.9 and a 7.91% return on assets.
