Q4 EPS Estimate for Valmont Industries Decreased by Analyst

Valmont Industries, Inc. (NYSE:VMI) – Equities researchers at William Blair dropped their Q4 2024 EPS estimates for shares of Valmont Industries in a note issued to investors on Wednesday, October 23rd. William Blair analyst B. Drab now forecasts that the industrial products company will post earnings of $3.56 per share for the quarter, down from their previous estimate of $3.80. The consensus estimate for Valmont Industries’ current full-year earnings is $16.78 per share. William Blair also issued estimates for Valmont Industries’ Q1 2025 earnings at $4.20 EPS, Q2 2025 earnings at $4.93 EPS and Q3 2025 earnings at $4.53 EPS.

A number of other research firms have also weighed in on VMI. StockNews.com raised shares of Valmont Industries from a “buy” rating to a “strong-buy” rating in a report on Monday, August 12th. DA Davidson boosted their target price on shares of Valmont Industries from $340.00 to $380.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Stifel Nicolaus boosted their target price on shares of Valmont Industries from $350.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday.

Valmont Industries Trading Down 1.1 %

VMI opened at $317.15 on Friday. Valmont Industries has a fifty-two week low of $188.63 and a fifty-two week high of $330.97. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.53 and a quick ratio of 1.63. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 41.79 and a beta of 1.02. The company’s 50 day moving average price is $288.16 and its two-hundred day moving average price is $269.43.

Valmont Industries (NYSE:VMI) last announced its quarterly earnings results on Tuesday, October 22nd. The industrial products company reported $4.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.00 by $0.11. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Valmont Industries had a net margin of 7.38% and a return on equity of 23.63%. The firm’s revenue was down 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $4.12 EPS.

Valmont Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Friday, September 27th. Valmont Industries’s dividend payout ratio is currently 31.62%.

Insider Activity

In other news, CFO Timothy P. Francis sold 2,300 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $298.49, for a total value of $686,527.00. Following the sale, the chief financial officer now directly owns 9,471 shares of the company’s stock, valued at approximately $2,826,998.79. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, Director Theodor Werner Freye sold 1,600 shares of the business’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $300.12, for a total transaction of $480,192.00. Following the transaction, the director now owns 3,685 shares in the company, valued at $1,105,942.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Timothy P. Francis sold 2,300 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $298.49, for a total transaction of $686,527.00. Following the transaction, the chief financial officer now owns 9,471 shares in the company, valued at $2,826,998.79. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of VMI. GAMMA Investing LLC raised its holdings in Valmont Industries by 117.4% during the third quarter. GAMMA Investing LLC now owns 100 shares of the industrial products company’s stock worth $29,000 after buying an additional 54 shares during the last quarter. Mather Group LLC. raised its holdings in Valmont Industries by 2,060.0% during the second quarter. Mather Group LLC. now owns 108 shares of the industrial products company’s stock worth $30,000 after buying an additional 103 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in Valmont Industries during the third quarter worth $39,000. Quarry LP raised its holdings in Valmont Industries by 268.0% during the second quarter. Quarry LP now owns 184 shares of the industrial products company’s stock worth $50,000 after buying an additional 134 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new position in Valmont Industries during the second quarter worth $52,000. Institutional investors and hedge funds own 87.84% of the company’s stock.

Valmont Industries Company Profile

Valmont Industries, Inc operates as manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally. It operates through two segments, Infrastructure and Agriculture. The company manufactures and distributes steel, pre-stressed concrete, composite structures for electrical transmission, substation, and distribution applications; and designs, engineers, and manufactures metal, steel, wood, aluminum, and composite poles and structures for lighting and transportation applications.