Valmont Industries (NYSE:VMI – Get Free Report) posted its earnings results on Tuesday. The industrial products company reported $3.84 EPS for the quarter, topping the consensus estimate of $3.63 by $0.21, RTT News reports. Valmont Industries had a net margin of 7.38% and a return on equity of 23.10%. During the same period in the previous year, the business posted $3.18 earnings per share. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.
Valmont Industries Stock Down 1.0 %
NYSE:VMI opened at $319.86 on Tuesday. Valmont Industries has a 1-year low of $202.01 and a 1-year high of $354.13. The company has a market capitalization of $6.41 billion, a PE ratio of 21.73 and a beta of 1.05. The firm’s 50-day moving average price is $321.34 and its 200-day moving average price is $310.33. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.35 and a quick ratio of 1.55.
Insider Buying and Selling
In related news, Director Mogens C. Bay sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $348.92, for a total value of $6,978,400.00. Following the sale, the director now owns 131,730 shares in the company, valued at $45,963,231.60. This represents a 13.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.00% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on VMI
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.
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