For Vulcan Materials Co [VMC], Analyst sees a rise to $270. What next?

Vulcan Materials Co [NYSE: VMC] surged by $4.83 during the normal trading session on while it closed the day at $253.95.

Vulcan Materials Co stock has also gained 2.16% of its value over the past 7 days. However, VMC stock has declined by -6.20% in the 3 months of the year. Over the past six months meanwhile, it has gained 14.96% and gained 11.87% year-on date.

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The market cap for VMC stock reached $33.58 billion, with 132.10 million shares outstanding and 131.98 million shares in the current float. Compared to the average trading volume of 728.50K shares, VMC reached a trading volume of 692730 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Vulcan Materials Co [VMC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VMC shares is $295.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VMC stock is a recommendation set at 1.93. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Vulcan Materials Co shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 22, 2024. The new note on the price target was released on March 08, 2024, representing the official price target for Vulcan Materials Co stock. Previously, the target price had yet another raise from $235 to $236, while RBC Capital Mkts kept a Sector Perform rating on VMC stock.

The Average True Range (ATR) for Vulcan Materials Co is set at 5.39, with the Price to Sales ratio for VMC stock in the period of the last 12 months amounting to 4.37. The Price to Book ratio for the last quarter was 4.48, with the Price to Cash per share for the same quarter was set at 2.27. Price to Free Cash Flow for VMC in the course of the last twelve months was 50.85 with Quick ratio for the last quarter at 1.81.

VMC stock trade performance evaluation

Vulcan Materials Co [VMC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.16. With this latest performance, VMC shares dropped by -5.15% in over the last four-week period, additionally plugging by 14.96% over the last 6 months – not to mention a rise of 22.27% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VMC stock in for the last two-week period is set at 48.16, with the RSI for the last a single of trading hit 52.49, and the three-weeks RSI is set at 47.18 for Vulcan Materials Co [VMC]. The present Moving Average for the last 50 days of trading for this stock 259.61, while it was recorded at 248.62 for the last single week of trading, and 235.11 for the last 200 days.

Vulcan Materials Co [VMC]: An insightful look at the core fundamentals

Vulcan Materials Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.81 and a Current Ratio set at 2.74.

Earnings per share (EPS) analysis for Vulcan Materials Co [VMC] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VMC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vulcan Materials Co go to 15.80%.

Vulcan Materials Co [VMC]: Institutional Ownership

The top three institutional holders of VMC stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in VMC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in VMC stock with ownership which is approximately 5.8386%.