Vulcan Materials Company (Holdi with ticker code (VMC) now have 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 250 and 181 calculating the mean target price we have $209.74. Now with the previous closing price of $175.12 this indicates there is a potential upside of 19.8%. Also worth taking note is the 50 day moving average now sits at $171.92 and the 200 day MA is $171.31. The company has a market cap of $23,619m. Visit the company website at: https://www.vulcanmaterials.com
The potential market cap would be $28,288m based on the market consensus.
Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. The Asphalt Mix segment offers asphalt mix in Alabama, Arizona, California, New Mexico, Tennessee, and Texas, as well as engages in the asphalt construction paving activity in Alabama, Tennessee, and Texas. The Concrete segment provides ready-mixed concrete in California, Maryland, New Jersey, New York, Oklahoma, Pennsylvania, Texas and Virginia, and Washington D.C. The Calcium segment mines, produces, and sells calcium products for the animal feed, plastics, and water treatment industries. The company was formerly known as Virginia Holdco and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.
The company has a dividend yield of 0.98% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 39.89, revenue per share of 55 and a 4.59% return on assets.
