Valmont Industries, Inc. which can be found using ticker (VMI) have now 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 389 and 275 with the average target price sitting at $340.67. Now with the previous closing price of $302.53 this indicates there is a potential upside of 12.6%. There is a 50 day moving average of $312.34 and the 200 day moving average is $299.11. The market cap for the company is $6,470m. Visit the company website at: https://www.valmont.com
The potential market cap would be $7,285m based on the market consensus.
Valmont Industries, Inc. 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 electrical transmission, distribution, substations, and renewable energy generation equipment; and provides coatings services to preserve metal products. The company also manufactures center pivot components and linear 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 0.79% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 26.1, revenue per share of 203.9 and a 7.91% return on assets.
