20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
In the latest quarter, 7 analysts provided ratings for Vulcan Materials (NYSE:VMC), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 1 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 2 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 2 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Vulcan Materials, revealing an average target of $260.57, a high estimate of $300.00, and a low estimate of $208.00. This upward trend is apparent, with the current average reflecting a 5.64% increase from the previous average price target of $246.67.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Vulcan Materials's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mike Dahl | RBC Capital | Raises | Sector Perform | $269.00 | $236.00 |
| Jerry Revich | Goldman Sachs | Raises | Buy | $292.00 | $264.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $300.00 | $260.00 |
| Patrick Tyler Brown | Raymond James | Raises | Outperform | $240.00 | $225.00 |
| Mike Dahl | RBC Capital | Raises | Sector Perform | $236.00 | $235.00 |
| Angel Castillo | Morgan Stanley | Announces | Equal-Weight | $208.00 | - |
| Stanley Elliott | Stifel | Raises | Buy | $279.00 | $260.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Vulcan Materials. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Vulcan Materials compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Vulcan Materials's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Vulcan Materials's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Vulcan Materials analyst ratings.
Delving into Vulcan Materials's Background
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2023, Vulcan sold 234.3 million tons of aggregates, 13.4 million tons of asphalt mix, and 7.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.
Key Indicators: Vulcan Materials's Financial Health
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Vulcan Materials showcased positive performance, achieving a revenue growth rate of 5.91% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Net Margin: Vulcan Materials's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.4% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Vulcan Materials's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.05%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Vulcan Materials's ROA stands out, surpassing industry averages. With an impressive ROA of 1.56%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.59, caution is advised due to increased financial risk.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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