Vulcan Materials Company (Holdi (NYSE:VMC):
Vulcan Announces Third Quarter Conference Call.
The company is so far trading up from yesterday’s close of $111.82.
Vulcan Materials Company (Holdi recently announced a dividend that will be paid on Friday the 9th of December 2016. The dividend will be $0.200 per share for the quarter or $0.80 on an annualized basis. The dividend yield will be $0.72. The ex-dividend date is set for Monday the 22nd of August 2016.
Company shares last traded at $112.57 slightly over the 50 day moving average of $110.64 and just below the 200 day moving average of $115.26. The 50 day moving average moved up $1.93 and the 200 day average went down by -2.33%.
The P/E ratio is currently 42.95 and the market cap of the company is 14.98B. In the latest earnings report the EPS was $2.62 and is expected to be $3.16 for the current year with 133,071,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.84 with next year’s EPS anticipated to be $4.42.
Several investment firms have released ratings on Vulcan Materials Company (Holdi recently. On October 26 the company was rated “Buy” in a report from SunTrust Robinson Humphrey up from the previous “” rating. June 8 investment analysts at Goldman Sachs made no change to the stock rating of “Buy” but moved up the price target to $146.00 from $79.00.
On February 5 Susquehanna held the company rating at “Positive” and lowered the price expectation from $110.00 to $108.00. DA Davidson raised the price target and upgraded the stock on August 17 boosting the price target from $90.00 to $106.00 and changing the rating from “Underperform” to “Neutral”.
On August 17 the company was upgraded to “Neutral” from “Underperform” with a current price target of $106.00 in a statement from DA Davidson. On August 5 Susquehanna made no change to the company rating of “Positive” but raised the price target from $100.00 to $115.00.