Valmont Industries 株価情報 (NYSE: VMI)

最新ニュース Valmont Industries (NYSE:VMI) 株価情報

Valmont Industries

Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.

Valmont Industries Inc

Stifel analyst Nathan Jones maintains Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) with a Buy and raises the price target from $360 to $382.

News

Price Target

Analyst Ratings

Stifel Maintains Buy on Valmont Industries, Raises Price Target to $382

Highlighted on November 14, it was unveiled in an SEC filing that Donahue, Group President Infrastructure at Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>), executed a significant transaction involving the exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000102729/000090044024000105//Archives/edgar/data/102729/000090044024000105/0000900440-24-000105-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Donahue, Group President Infrastructure at Valmont Industries, a company in the Industrials sector, just exercised stock options worth 2,252 shares of VMI stock with an exercise price of $156.85.
Currently, Valmont Industries shares are trading down 0.0%, priced at $340.02 during Friday's morning. This values Donahue's 2,252 shares at $412,492.
<h3>Discovering Valmont Industries: A Closer Look</h3>
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
<h3>Valmont Industries: A Financial Overview</h3>
Revenue Challenges: Valmont Industries's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -2.87%. This indicates a decrease in 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 Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 29.57%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Valmont Industries's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 4.13.
</li>
</ul>
Debt Management: Valmont Industries's debt-to-equity ratio is below the industry average at 0.68, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 23.1 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 1.71 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 13.55, Valmont Industries presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Unmasking the Significance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000102729">Check Out The Full List Of Valmont Industries's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

John Timothy Donahue Exercises Options, Realizes $412K

In a new SEC filing on November 8, it was revealed that Campbell, SVP at Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>), executed a significant exercise of company stock options.
What Happened: Campbell, SVP at Valmont Industries, exercised stock options for 363 shares of VMI stock. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000102729/000090044024000101//Archives/edgar/data/102729/000090044024000101/0000900440-24-000101-index.htm">U.S. Securities and Exchange Commission</a> on Friday. The exercise price of the options was $147.31 per share.
Currently, Valmont Industries shares are trading up 0.4%, priced at $342.95 during Friday's morning. This values Campbell's 363 shares at $71,017.
<h3>Discovering Valmont Industries: A Closer Look</h3>
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
<h3>Financial Insights: Valmont Industries</h3>
Revenue Growth: Valmont Industries's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -2.87%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 29.57%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Valmont Industries's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 4.13.
</li>
</ul>
Debt Management: Valmont Industries's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.68.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 23.21, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 1.72 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 13.6, Valmont Industries presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000102729">Check Out The Full List Of Valmont Industries's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Strategic Sale: Renee L Campbell Decides To Exercise Options Worth $71K At Valmont Industries

Timothy P Francis, Chief Accounting Officer at Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>), reported a large exercise of company stock options on November 6, according to a new SEC filing.
What Happened: Francis, Chief Accounting Officer at Valmont Industries, made a strategic move by exercising stock options for 1,200 shares of VMI as detailed in a Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0000102729/000090044024000099//Archives/edgar/data/102729/000090044024000099/0000900440-24-000099-index.htm">U.S. Securities and Exchange Commission</a>. The transaction value amounted to $277,044.
The Thursday morning market activity shows Valmont Industries shares down by 1.79%, trading at $342.95. This implies a total value of $277,044 for Francis's 1,200 shares.
<h3>Unveiling the Story Behind Valmont Industries</h3>
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
<h3>Valmont Industries: Delving into Financials</h3>
Revenue Growth: Valmont Industries's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -2.87%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: With a high gross margin of 29.57%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 4.13, Valmont Industries showcases strong earnings per share.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.68.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Valmont Industries's P/E ratio of 23.72 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.76 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 13.87, Valmont Industries presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000102729">Check Out The Full List Of Valmont Industries's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Activity Update: Timothy P Francis Executes Options Exercise, Resulting In $277K At Valmont Industries

WIIM

IESC

MTRX

MYRG

ROAD

STRL

Shares of construction and engineering companies are trading higher after Donald Trump won the 2024 presidential election.

On October 30, it was revealed in an SEC filing that Ellen S Dasher, VP at Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000102729/000090044024000095//Archives/edgar/data/102729/000090044024000095/0000900440-24-000095-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that Dasher, VP at Valmont Industries, a company in the Industrials sector, just exercised stock options worth 1,370 shares of VMI stock with an exercise price of $147.31.
Valmont Industries shares are currently trading up by 0.94%, with a current price of $318.6 as of Thursday morning. This brings the total value of Dasher's 1,370 shares to $234,667.
<h3>Delving into Valmont Industries's Background</h3>
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
<h3>Valmont Industries's Economic Impact: An Analysis</h3>
Revenue Growth: Valmont Industries's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -1.88%. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 29.57%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Valmont Industries's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 4.13.
</li>
</ul>
Debt Management: Valmont Industries's debt-to-equity ratio is below the industry average. With a ratio of 0.68, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 21.44 is lower than the industry average, implying a discounted valuation for Valmont Industries's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.59 is above industry norms, reflecting an elevated valuation for Valmont Industries's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 12.68, Valmont Industries presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000102729">Check Out The Full List Of Valmont Industries's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

At Valmont Industries, Ellen S Dasher Chooses To Exercise Options, Resulting In $234K

R. Andrew Massey, VP at Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>), reported a large exercise of company stock options on October 29, according to a new SEC filing.
What Happened: Massey, VP at Valmont Industries, made a strategic move by exercising stock options for 3,977 shares of VMI as detailed in a Form 4 filing on Tuesday with the <a href="https://www.sec.gov/Archives/edgar/data/0000102729/000090044024000093//Archives/edgar/data/102729/000090044024000093/0000900440-24-000093-index.htm">U.S. Securities and Exchange Commission</a>. The transaction value amounted to $825,863.
The Wednesday morning market activity shows Valmont Industries shares down by 0.0%, trading at $319.74. This implies a total value of $825,863 for Massey's 3,977 shares.
<h3>Get to Know Valmont Industries Better</h3>
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
<h3>Key Indicators: Valmont Industries's Financial Health</h3>
Revenue Challenges: Valmont Industries's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -1.88%. This indicates a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 29.57%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 4.13, Valmont Industries showcases strong earnings per share.
</li>
</ul>
Debt Management: Valmont Industries's debt-to-equity ratio is below the industry average at 0.68, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 21.72 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 1.61 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 12.9, Valmont Industries's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000102729">Check Out The Full List Of Valmont Industries's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

VP At Valmont Industries Exercises Options Worth $825K

Stifel analyst Nathan Jones maintains Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) with a Buy and raises the price target from $350 to $360.

Stifel Maintains Buy on Valmont Industries, Raises Price Target to $360

DA Davidson analyst Brent Thielman maintains Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) with a Buy and raises the price target from $340 to $380.

DA Davidson Maintains Buy on Valmont Industries, Raises Price Target to $380

U.S. stocks were lower, with the Dow Jones index falling around 200 points on Wednesday.
Shares of Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) rose sharply during Wednesday's session following <a href="https://www.benzinga.com/quote/TXN/earnings">better-than-expected third-quarter financial results.</a>
Texas Instruments reported quarterly earnings of $1.47 per share, which beat the analyst consensus estimate of $1.37. Quarterly revenue of $4.151 billion beat the consensus estimate of $4.12 billion.
Texas Instruments shares surged 4.3% to $202.30 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Stride, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) shares climbed 31% to $84.49 after the company reported better-than-expected first-quarter financial results and issued FY25 and Q2 revenue guidance above estimates.</li>
<li>Upwork Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) gained 24.4% to $12.50 after the company reported preliminary third-quarter revenue guidance above estimates. Also, the company announced organizational changes including a workforce reduction.</li>
<li>Vicor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VICR#NASDAQ">VICR</a>) gained 18.3% to $51.43 after the company reported better-than-expected third-quarter financial results.</li>
<li>John Bean Technologies Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBT#NYSE">JBT</a>) surged 11.7% to $106.36 after the company reported better-than-expected third-quarter adjusted EPS and sales.</li>
<li>Valmont Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) gained 10.6% to $326.14 following upbeat quarterly earnings.</li>
<li>Daqo New Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DQ#NYSE">DQ</a>) climbed 8.9% to $22.67.</li>
<li>Lithia Motors, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAD#NYSE">LAD</a>) gained 8.9% to $331.58 following better-than-expected quarterly earnings.</li>
<li>Northern Trust Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>) surged 7.5% to $103.00 after the company reported better-than-expected quarterly financial results.</li>
<li>East West Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) rose 7.5% to $97.14 following upbeat earnings.</li>
<li>Packaging Corporation of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) gained 5.8% to $229.32 after the company reported better-than-expected quarterly financial results.</li>
<li>Renasant Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) surged 5.5% to $34.25 following strong quarterly results.</li>
<li>ImmunityBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) gained 5% to $3.6600. EF Hutton analyst Jason Kolbert initiated coverage on ImmunityBio with a Buy rating and announced a price target of $30.</li>
<li>Teledyne Technologies Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDY#NYSE">TDY</a>) gained 4.2% to $461.94 after reporting strong quarterly earnings.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41485836/how-to-earn-500-a-month-from-ibm-stock-ahead-of-q3-earnings">How To Earn $500 A Month From IBM Stock Ahead Of Q3 Earnings</a></li>
</ul>

Intraday Update

Markets

Movers

EWBC

IBRX

NTRS

RNST

UPWK

VICR

Texas Instruments Posts Strong Q3 Results, Joins Valmont Industries, Lithia Motors, Teledyne Technologies And Other Big Stocks Moving Higher On Wednesday

Valmont Industries shares are trading higher after the company reported better-than-expected Q3 EPS results.

Earnings

Earnings Beats

Earnings Misses

Valmont Industries Q3 2024 GAAP EPS $4.11 Beats $4.00 Estimate, Sales $1.020B Miss $1.021B Estimate

Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.
Analysts estimate that Valmont Industries will report an earnings per share (EPS) of $4.00. 
Anticipation surrounds Valmont Industries's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Overview of Past Earnings</h3>
Last quarter the company beat EPS by $0.68, which was followed by a 10.61% increase in the share price the next day.
Here's a look at Valmont Industries's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>4.08</td>
<td>3.25</td>
<td>3.04</td>
<td>3.72</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>4.76</td>
<td>4.32</td>
<td>3.18</td>
<td>4.12</td>
</tr>
<tr>
<td>Price Change %</td>
<td>11.0%</td>
<td>18.0%</td>
<td>-3.0%</td>
<td>-14.000000000000002%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729522876_0.png" alt="eps graph" />
<h3>Performance of Valmont Industries Shares</h3>
Shares of Valmont Industries were trading at $305.22 as of October 18. Over the last 52-week period, shares are up 31.41%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Views on Valmont Industries</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Valmont Industries.
Analysts have provided Valmont Industries with 1 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $340.0, suggesting a potential 11.4% upside.
<h3>Comparing Ratings with Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of MDU Resources Gr, Dycom Industries and WillScot Holdings, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>MDU Resources Gr is maintaining an Neutral status according to analysts, with an average 1-year price target of $31.0, indicating a potential 89.84% downside.</li>
<li>The prevailing sentiment among analysts is an Buy trajectory for Dycom Industries, with an average 1-year price target of $209.75, implying a potential 31.28% downside.</li>
<li>WillScot Holdings received a Buy consensus from analysts, with an average 1-year price target of $47.83, implying a potential 84.33% downside.</li>
</ul>
<h3>Snapshot: Peer Analysis</h3>
The peer analysis summary outlines pivotal metrics for MDU Resources Gr, Dycom Industries and WillScot Holdings, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Valmont Industries</td>
<td>Buy</td>
<td>-0.63%</td>
<td>$320.28M</td>
<td>6.92%</td>
</tr>
<tr>
<td>MDU Resources Gr</td>
<td>Neutral</td>
<td>-3.99%</td>
<td>$190.25M</td>
<td>2.02%</td>
</tr>
<tr>
<td>Dycom Industries</td>
<td>Buy</td>
<td>15.51%</td>
<td>$250.18M</td>
<td>6.11%</td>
</tr>
<tr>
<td>WillScot Holdings</td>
<td>Buy</td>
<td>3.87%</td>
<td>$327.12M</td>
<td>-3.72%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Valmont Industries ranks at the top for Gross Profit and Return on Equity among its peers. It is in the middle for Revenue Growth and below average for Consensus rating.
<h3>Discovering Valmont Industries: A Closer Look</h3>
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
<h3>Financial Milestones: Valmont Industries's Journey</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Valmont Industries's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -0.63%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Valmont Industries's net margin excels beyond industry benchmarks, reaching 9.59%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Valmont Industries's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.92%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Valmont Industries's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.88% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.8.
<a href="https://www.benzinga.com/quote/VMI/earnings">To track all earnings releases for Valmont Industries visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse of Valmont Industries's Earnings Potential

Valmont&#xAE; Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that Thomas Liguori will join the Company as Executive Vice President and Chief Financial Officer, effective immediately. Mr. Liguori will lead the global finance and accounting organization, reporting to Avner M. Applbaum, President and Chief Executive Officer.

Management

Valmont Appoints Thomas Liguori As Chief Financial Officer, Effective Immediately

On August 15, a recent SEC filing unveiled that Thomas Mitchell Parnell, EVP at Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) made an insider sell.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000102729/000090044024000074//Archives/edgar/data/102729/000090044024000074/0000900440-24-000074-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Parnell sold 1,800 shares of Valmont Industries. The total transaction amounted to $505,746. 
As of Friday morning, Valmont Industries shares are down by 0.0%, currently priced at $283.62.
<h3>Discovering Valmont Industries: A Closer Look</h3>
Valmont Industries Inc is an investment holding company. It operates through two segments namely Infrastructure and Agriculture. The company generates maximum revenue from the Infrastructure segment. The infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, renewable energy, lighting, transportation, and telecommunications, and coatings services to preserve metal products. Geographically, it derives a majority of its revenue from North America.
<h3>A Deep Dive into Valmont Industries's Financials</h3>
Revenue Growth: Valmont Industries's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -0.63%. This indicates a decrease 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 Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: Achieving a high gross margin of 30.8%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Valmont Industries's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 4.94.
</li>
</ul>
Debt Management: Valmont Industries's debt-to-equity ratio surpasses industry norms, standing at 0.8. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Valmont Industries's P/E ratio of 33.97 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.43 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 16.08 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Understanding the Significance of Insider Transactions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000102729">Check Out The Full List Of Valmont Industries's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Massive Insider Trade At Valmont Industries

DA Davidson analyst Brent Thielman maintains Valmont Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) with a Buy and raises the price target from $300 to $340.

DA Davidson Maintains Buy on Valmont Industries, Raises Price Target to $340

Shares of Edwards Lifesciences Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) fell sharply during Thursday's session after the company reported worse-than-expected second-quarter sales results and issued third-quarter guidance below estimates. Also, the company acquired <a href="https://www.benzinga.com/quote/EW/earnings">JenaValve and Endotronix</a>.
Edwards Lifesciences reported quarterly earnings of 70 cents per share which beat the analyst consensus estimate of 69 cents per share. The company reported quarterly sales of $1.632 billion which missed the analyst consensus estimate of $1.653 billion.
Edwards Lifesciences shares dipped 26.9% to $63.60 on Thursday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Predictive Oncology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POAI#NASDAQ">POAI</a>) shares jumped 85% to $1.96 after the company entered biomarker discovery market after successful retrospective ovarian cancer study yields compelling results.</li>
<li>Psyence Biomedical Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBM#NASDAQ">PBM</a>) rose 65.4% to $0.6424 after the company announced the export of nature-derived psilocybin to Australia and said a trial is projected to be initiated shortly following receipt of drug product by trial sites.</li>
<li>Salarius Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLRX#NASDAQ">SLRX</a>) jumped 60% to $3.4421.</li>
<li>Goosehead Insurance, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSHD#NASDAQ">GSHD</a>) rose 29.8% to $85.25 following upbeat second-quarter results.</li>
<li>Viking Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) shares gained 28.2% to $64.64 after the company reported better-than-expected second-quarter EPS results.</li>
<li>Exicure, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCUR#NASDAQ">XCUR</a>) rose 27% to $0.5090.</li>
<li>CERo Therapeutics Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CERO#NASDAQ">CERO</a>) gained 25.4% to $0.2645 after gaining around 8% on Wednesday.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) rose 25.2% to $16.72. The company announced the successful completion of its first five commercial satellites.</li>
<li>Bally&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALY#NYSE">BALY</a>) gained 24.2% to $16.80. Bally&#8217;s entered into merger agreement with affiliates of Standard General L.P.</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) climbed 18.3% to $341.39 following better-than-expected quarterly earnings.</li>
<li>The Shyft Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHYF#NASDAQ">SHYF</a>) gained 16.4% to $13.55 following upbeat earnings.</li>
<li>Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) climbed 16.3% to $141.59 after the company reported better-than-expected quarterly financial results.</li>
<li>Indivior PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDV#NASDAQ">INDV</a>) rose 15.4% to $12.56 after the company posted better-than-expected second-quarter results and announced an accelerated $100 million share repurchase program.</li>
<li>Tivic Health Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIVC#NASDAQ">TIVC</a>) shares climbed 15.4% to $0.3499.</li>
<li>RPC, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RES#NYSE">RES</a>) gained 15.1% to $6.64 following upbeat earnings.</li>
<li>ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) jumped 13.7% to $831.97 after the company reported better-than-expected second-quarter financial results.</li>
<li>Pegasystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) rose 13.1% to $69.09 after the company reported better-than-expected second-quarter financial results.</li>
<li>Helmerich &amp; Payne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HP#NYSE">HP</a>) climbed 12.5% to $42.46 following third-quarter results.</li>
<li>BloomZ Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMZ#NASDAQ">BLMZ</a>) gained 12.2% to $2.75 after dipping 43% on Wednesday. BloomZ recently priced its IPO at $4.30 per share.</li>
<li>Valmont Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) gained 11.1% to $300.96 following upbeat earnings.</li>
<li>Plexus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) rose 10.5% to $128.36 following upbeat earnings.</li>
<li>Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) rose 10.1% to $53.92 following second-quarter results.</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) gained 9.6% to $565.64 after the company reported better-than-expected second-quarter adjusted EPS and sales.</li>
<li>Mr. Cooper Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NYSE">COOP</a>) rose 9.5% to $94.86 following second-quarter results.</li>
<li>Oceaneering International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) gained 9.2% to $27.79 following strong sales.</li>
<li>RTX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) surged 8% to $113.24 following a second-quarter earnings beat.</li>
<li>J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) gained 6.1% to $173.75.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>2U, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWOU#NASDAQ">TWOU</a>) shares dipped 60% to $1.65. 2U announced a strategic agreement with debtholders to eliminate half of debt and infuse $110 million in new capital.</li>
<li>EZFill Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EZFL#NASDAQ">EZFL</a>) tumbled 40.3% to $3.73.</li>
<li>Kindly MD, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDLY#NASDAQ">KDLY</a>) fell 37.5% to $2.04 after the company submitted comment to the Department of Justice regarding cannabis rescheduling.</li>
<li>Cheetah Net Supply Chain Service Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTNT#NASDAQ">CTNT</a>) dipped 34% to $0.3185. Cheetah Net Supply Chain Service announced pricing of $1.49 million follow-on public offering.</li>
<li>MaxLinear, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NYSE">MXL</a>) shares fell 30.7% to $15.45 after the company reported worse-than-expected second-quarter financial results.</li>
<li>Sol-Gel Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLGL#NASDAQ">SLGL</a>) dipped 30% to $0.4750. Sol-Gel announced the signing of six exclusive license agreements to commercialize TWYNEO&#xAE; and EPSOLAY&#xAE; in Europe and South Africa.</li>
<li>Regencell Bioscience Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) fell 29.7% to $9.49 after declining 10% on Wednesday.</li>
<li>Agape ATP Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATPC#NASDAQ">ATPC</a>) fell 27% to $0.1159.</li>
<li>Orion Group Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORN#NYSE">ORN</a>) declined 21.9% to $8.62 after the company reported worse-than-expected second-quarter financial results.</li>
<li>Ostin Technology Group Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) shares declined 20.3% to $0.35 after gaining around 19% on Wednesday.</li>
<li>Ribbon Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBBN#NASDAQ">RBBN</a>) tumbled 19.2% to $3.1450 after the company reported worse-than-expected quarterly revenue.</li>
<li>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) shares fell 16.6% to $11.40 following a second-quarter earnings miss.</li>
<li>Hoth Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOTH#NASDAQ">HOTH</a>) fell 15.1% to $0.9103. Hoth Therapeutics shares gained around 11% on Wednesday after the company signed an agreement with LTS Therapy Systems to develop and manufacture the HT-ALZ oral film prototype for Alzheimer&#8217;s disease.</li>
<li>Garrett Motion Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTX#NASDAQ">GTX</a>) declined 13.8% to $7.86 after the company reported worse-than-expected quarterly financial results and lowered its FY24 guidance.</li>
<li>Selina Hospitality PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNA#NASDAQ">SLNA</a>) shares fell 13.4% to $0.0396 after jumping over 75% on Wednesday.</li>
<li>Kaiser Aluminum Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALU#NASDAQ">KALU</a>) declined 13.3% to $79.76 after the company reported worse-than-expected quarterly financial results.</li>
<li>Hut 8 Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NYSE">HUT</a>) declined 12.8% to $15.71.</li>
<li>LKQ Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>) fell 12.1% to $39.10 after the company reported worse-than-expected quarterly adjusted EPS and sales. Additionally, the company lowered its FY24 adjusted EPS outlook.</li>
<li>STMicroelectronics N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) shares fell 12% to $34.81 after the company reported a second-quarter EPS miss and issued soft third-quarter guidance.</li>
<li>Teradyne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) dipped 9.7% to $129.30 following soft third-quarter guidance.</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>) fell 9.5% to $292.91 after the company reported a quarterly earnings miss and cut its guidance.</li>
<li>FormFactor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) fell 8.2% to $52.26.</li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) tumbled 8.2% to $249.52 after Citigroup downgraded the stock from a Buy to a Neutral and lowered its price target from $415 to $300.</li>
<li>Robert Half Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RHI#NYSE">RHI</a>) declined 7% to $60.32 after the company reported worse-than-expected second-quarter financial results.</li>
<li>Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) fell 6.8% to $18.27 following H1 results.</li>
<li>QuantumScape Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>) shares fell 6.2% to $7.01 after the company reported worse-than-expected EPS results.</li>
<li>Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) declined 4.1% to $204.82 after the company lowered FY24 EPS guidance.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39961297/this-lululemon-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-thursday">This Lululemon Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday</a></li>
</ul>

ASTS

ATPC

BALY

BLMZ

CERO

COOP

CTNT

EZFL

FORM

GSHD

HOTH

INDV

JBHT

KALU

KDLY

LULU

PEGA

PLXS

POAI

RBBN

SHYF

SLGL

SLNA

SLRX

STLA

TIVC

TWOU

VKTX

XCUR

Why Edwards Lifesciences Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session

U.S. stocks were higher, with the Dow Jones index gaining more than 1% on Thursday.
Shares of International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) rose during Thursday's session following strong <a href="https://www.benzinga.com/news/24/07/39961144/why-ibm-stock-is-trading-higher-on-thursday">quarterly earnings</a>.
IBM reported quarterly earnings of $2.43 per share, which beat the analyst consensus estimate of $2.19. Quarterly sales clocked in at $15.8 billion, which beat the analyst consensus estimate of $15.616 billion.
IBM shares gained 6.4% to $195.75 on Thursday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Viking Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) shares surged 28.2% to $64.64 after the company reported better-than-expected second-quarter EPS results.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) jumped 25.2% to $16.72. The company announced the successful completion of its first five commercial satellites.</li>
<li>Bally&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALY#NYSE">BALY</a>) shares rose 24.2% to $16.80. Bally&#8217;s entered into merger agreement with affiliates of Standard General L.P.</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) gained 18.3% to $341.39 following better-than-expected quarterly earnings.</li>
<li>Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>) jumped 16.3% to $141.59 after the company reported better-than-expected quarterly financial results.</li>
<li>RPC, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RES#NYSE">RES</a>) rose 15.1% to $6.64 following upbeat earnings.</li>
<li>ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) rose 13.7% to $831.97 after the company reported better-than-expected second-quarter financial results.</li>
<li>Viasat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSAT#NASDAQ">VSAT</a>) jumped 13.6% to $19.05.</li>
<li>Pegasystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGA#NASDAQ">PEGA</a>) gained 13.1% to $69.09 after the company reported better-than-expected second-quarter financial results.</li>
<li>Helmerich &amp; Payne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HP#NYSE">HP</a>) gained 12.5% to $42.46 following third-quarter results.</li>
<li>CBRE Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>) surged 11.7% to $109.87 after the company raised its 2024 guidance.</li>
<li>Valmont Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMI#NYSE">VMI</a>) climbed 11.1% to $300.96 following upbeat earnings.</li>
<li>Lazard, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAZ#NYSE">LAZ</a>) rose 11% to $48.08 following better-than-expected quarterly earnings.</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) rose 10.7% to $571.01 after the company reported better-than-expected quarterly adjusted EPS and sales.</li>
<li>Plexus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) gained 10.5% to $128.36 following upbeat earnings.</li>
<li>Transocean Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIG#NYSE">RIG</a>) surged 10.2% to $5.80.</li>
<li>Beam Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BEAM#NASDAQ">BEAM</a>) rose 10.1% to $32.81.</li>
<li>Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) gained 10.1% to $53.92 following second-quarter results.</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) shares climbed 9.6% to $565.64 after the company reported better-than-expected second-quarter adjusted EPS and sales.</li>
<li>Mr. Cooper Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NYSE">COOP</a>) gained 9.5% to $94.86 following second-quarter results.</li>
<li>RPM International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) climbed 9.2% to $121.14 after the company reported better-than-expected quarterly earnings.</li>
<li>Oceaneering International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>) rose 9.2% to $27.79 following strong sales.</li>
<li>Masco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAS#NYSE">MAS</a>) gained 8.1% to $76.27 after the company reported better-than-expected second-quarter earnings.</li>
<li>Universal Health Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>) rose 8.1% to $201.00 after the company reported better-than-expected second-quarter earnings and increased FY 2024 guidance.</li>
<li>RTX Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) climbed 8% to $113.24 following a second-quarter earnings beat.</li>
<li>Morningstar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MORN#NASDAQ">MORN</a>) rose 7.8% to $328.71. The company reported second-quarter financial results yesterday.</li>
<li>Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) gained 7.4% to $67.36 after the company reported better-than-expected second-quarter financial results.</li>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) rose 7.4% to $262.60.</li>
<li>J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) shares rose 6.1% to $173.75.</li>
<li>Unilever PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UL#NYSE">UL</a>) gained 5.9% to $59.90 following HI results.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39961795/apple-to-rally-around-10-here-are-10-top-analyst-forecasts-for-thursday">Apple To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Thursday</a></li>
</ul>

BEAM

CBRE

MORN

NDAQ

VSAT

IBM Posts Upbeat Earnings, Joins ServiceNow, Helmerich & Payne, RTX, Nasdaq And Other Big Stocks Moving Higher On Thursday

Valmont Industries shares are trading higher after the company reported better-than-expected Q2 earnings results.

Guidance

Valmont Sees Q2 2024 EPS $16.50-$17.30 Vs $17 Estimate

Hudbay Minerals (HBM) easily beat the analysts' expectations on the top and bottom lines in the third quarter of 2024. Solid market demand for minerals, strategic alliances, favorable regulatory outcomes, and robust financial performance are key drivers of the company's continued growth. So, let's determine whether Hudbay Minerals is an ideal addition to your portfolio today... Based in Toronto, Canada, Hudbay Minerals Inc. (<a href="https://stocknews.com/stock/HBM/">HBM</a>) is a diversified mining company specializing in copper mining with a robust presence across tier-one, mining-friendly regions in Canada, Peru, and the United States. The company's operations span the Constancia mine in Peru, Snow Lake in Manitoba, and the Copper Mountain mine in British Columbia.
The company recently reported its financial results for the third quarter of 2024. HBM's revenue of $485.77 million surpassed the analysts' estimate of $452.82 million. Also, its EPS of $0.13 beat the Street's expectation of $0.05.
During the third quarter, HBM secured an Aquifer Protection Permit from the Arizona Department of Environmental Quality for the Copper World project. This permit marked a key milestone for the company, having the potential to advance its next major growth initiative. The project is expected to boost the company's annual copper production by over 50%, establishing its leadership in meeting global copper demand.
The company reported record copper and gold production for the quarter, projecting growth from the prior quarter. Its silver and zinc production was also strong. Amid the growing demand for metals like Gold and robust demand for minerals like copper and zinc, the company's prospects are robust.
The worldwide copper market is expected to reach $269 billion in 2024 and is set to exhibit a <a href="https://www.globenewswire.com/news-release/2024/11/13/2980176/0/en/World-Copper-Market-Report-2024-Global-Demand-for-Copper-has-been-maintaining-a-Steady-Growth-as-Statistics-Reveal-a-300-Growth-in-the-Use-of-Refined-Copper-Over-the-Last-Five-Deca.html#:~:text=Worldwide%2C%20the%20market%20for%20Copper,driving%20the%20demand%20for%20copper.">CAGR of 5.4%</a>, reaching a value of $368.80 billion by 2030. As the company continues to expand its production capabilities and expand its operations to new horizons, it stands to capitalize on the favorable trends of the market.
Shares of HBM have surged 65.2% year-to-date and 102.7% over the past year to close its last trading session at $9.12.
Let's look at factors that could influence HBM's performance in the upcoming months.
Robust Financials
During the third quarter that ended September 30, 2024, HBM attained copper and gold production of 31,354 tonnes and 89,073 ounces, up 9.7% and 52% from the prior quarter, respectively.
HBM's revenue increased 1.1% year-over-year to $485.77 million, and its adjusted earnings before income taxes grew by 55.6% from the year-ago value to $85.40 million. The company's <a href="https://www.investopedia.com/terms/a/adjusted-ebitda.asp">adjusted EBITDA</a> of $206.20 million indicates growth of 8.1% from the prior year's quarter.
In addition, the company's adjusted net earnings attributable to owners came in at $50.30 million and $0.13 per share, up 107.8% and 85.7% year-over-year, respectively. Also, the company's total assets stood at $5.51 billion as of September 30, 2024, compared to $5.31 billion as of December 31, 2023.
Solid Historical Growth
HBM's revenue and EBITDA have grown at respective CAGRs of 13.4% and 31.2% over the past three years. The company's tangible book value has increased at a CAGR of 18.3% over the same timeframe, while its total assets and levered free cash flow have improved at CAGRs of 6.9% and 42.1%, respectively.
Favorable Analyst Estimates
Analysts expect HBM's revenue for the fourth quarter (ending December 2024) to increase 4.2% year-over-year to $627.61 million. The consensus EPS estimate of $0.30 for the ongoing quarter indicates a 51.8% year-over-year improvement. Moreover, HBM has an impressive earnings surprise history, having topped consensus revenue and EPS estimates in three of the trailing four quarters.
For the fiscal year ending December 2024, the company's revenue and EPS are expected to grow 21.4% and 139.1% year-over-year to $2.05 billion and $0.55, respectively. Additionally, Street expects its revenue and EPS for the fiscal year 2025 to increase 13.7% and 67.9% year-over-year to $2.33 billion and $0.92, respectively.
High Profitability
HBM's trailing-12-month EBIT margin of 19.56% is 85.4% higher than the industry average of 10.55%. Its trailing-12-month gross profit margin of 48.68% is 67.7% higher than the industry average of 29.03%. Similarly, the stock's trailing-12-month levered FCF margin of 14.26% is significantly higher than the industry average of 5.16%.
Furthermore, the stock's trailing-12-month ROTC of 6.64% is favorable compared to the industry average of 4.80%.
POWR Ratings Reflect Promise
HBM's solid fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, translating to a Buy in our proprietary system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. HBM has a B grade for Growth, which is in sync with its impressive historical growth and solid financial performance in the last reported quarter.
In addition, the stock has a B grade for Sentiment, consistent with its optimistic analysts' expectations.
HBM is ranked #7 in the 29-stock <a href="https://stocknews.com/category/industrial-metals/">Industrial - Metals</a> industry.
Beyond what I have stated above, we have also given HBM grades for Quality, Value, Momentum, and Stability. Get access to all the HBM ratings <a href="https://stocknews.com/stock/HBM/">here</a>.
Bottom Line
HBM reported better-than-expected earnings for the third quarter of fiscal 2024. The company's growth is being navigated through its strong industry footing, rising demand for copper and zinc, strategic alliances, and solid financial performance, positioning it for bright long-term prospects.
Further, the recent permits and approval in respect of the Copper World project will further boost HBM's capacity and capabilities.
Given HBM's solid financials, accelerating profitability, favorable analysts' estimates, and promising growth outlook, this stock could be an ideal buy now.
How Does Hudbay Minerals Inc. (HBM) Stack Up Against Its Peers?
While HBM has an overall POWR Rating of B, investors could also check out these other stocks within the <a href="https://stocknews.com/category/industrial-metals/">Industrial - Metals</a> industry with A (Strong Buy) or B (Buy) ratings:
Valmont Industries, Inc. (<a href="https://stocknews.com/stock/VMI/">VMI</a>), Alphamin Resources Corp. (<a href="https://stocknews.com/stock/AFMJF/">AFMJF</a>), and BHP Group Ltd. ADR (<a href="https://stocknews.com/stock/BHP/">BHP</a>).
For exploring more A and B-rated industrial - metals stocks, <a href="https://stocknews.com/category/industrial-metals/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
HBM shares were trading at $9.20 per share on Monday morning, up $0.08 (+0.88%). Year-to-date, HBM has gained 67.00%, versus a 27.12% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/hbm-vmi-afmjf-bhp-hudbay-minerals-inc-a-mining-stock-to-consider-amidst-commodity/>Hudbay Minerals Inc.: A Mining Stock to Consider Amidst Commodity Demand?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Hudbay Minerals Inc.: A Mining Stock to Consider Amidst Commodity Demand?

Conference call will be held on November 25 at 4 pm hosted by Jefferies. Webcast Link Published first on TheFly – the ultimate source for real-time...

Valmont participates in a conference call with Jefferies

In a report released today, Nathan Jones from Stifel Nicolaus maintained a Buy rating on Valmont (VMI – Research Report), with a price target of $3...

Stifel Nicolaus Remains a Buy on Valmont (VMI)

The infrastructure industry has experienced significant growth, fueled by government initiatives and strategic spending. With this steady surge in demand for infrastructure upgrades, is Valmont Industries (VMI) well-placed to capitalize on these trends? Let's find out… Valmont Industries, Inc. (<a href="https://stocknews.com/stock/VMI/">VMI</a>) is proving that strong performance does not always require a sales surge. Even with a dip in sales in its fiscal third quarter, the company delivered impressive results. Operating profit surged, and operating margins expanded year-over-year. This highlights the power of strategic execution, even during challenging times.
The company's commitment to <a href="https://s23.q4cdn.com/682767368/files/doc_financials/2024/q3/CORRECTED-TRANSCRIPT_-Valmont-Industries-Inc-VMI-US-Q3-2024-Earnings-Call-23-October-2024-9_00-AM-ET.pdf">pricing discipline and cost structure improvements</a> has really paid off. Notably, VMI generated $225 million in operating cash flow, strengthening its already robust balance sheet and giving the company the financial flexibility to navigate future challenges.
The company is also benefiting from a rise in utility capital expenditures. As the demand for power continues to grow, fueled by electrification, industrial expansion, and the rise of data centers, utility companies are ramping up investments in infrastructure. This trend is expected to last for years, presenting VMI with ample opportunities to expand its footprint.
Moreover, VMI is well-positioned to take advantage of the long-term effects of the Bipartisan Infrastructure Deal. The deal <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2021/11/06/fact-sheet-the-bipartisan-infrastructure-deal/">authorized $110 billion</a> in new funding for repairing roads, bridges, and rails across the United States, with surface transportation programs reauthorized for five years.
The massive investment still holds the potential to drive significant demand for infrastructure products, benefiting VMI for years to come.
The proof of VMI's success is evident in its stock performance. The stock has surged 33.4% in the past six months and 54.8% over the past year to close the last trading session at $338.45. That said, the company has demonstrated its ability to capitalize on the infrastructure boom and maintain a strong market position.
So, let us dive into the factors that could shape VMI's performance in the near future.
Sound Historical Growth
Over the past five years, VMI has demonstrated consistent growth across key financial metrics. Its revenue grew at a CAGR of 7.8%, while <a href="https://www.investopedia.com/terms/e/ebitda.asp">EBITDA</a> rose faster at 13.7%. Operational income (EBIT) and total assets expanded at CAGRs of 16.5% and 5.1%, respectively.
Notably, net income surged at a CAGR of 18.4%, and EPS climbed even higher at 19.5%, showcasing robust profitability. The sustained performance underscores VMI's strong growth trajectory and its ability to deliver solid results over time.
Strong Financials
For the fiscal 2024 third quarter that ended September 28, VMI's net sales came in at $1.02 billion. Its adjusted gross profit was reported to be $301.69 million. The company's adjusted operating income increased 4.1% year-over year to$125.74 million.
Additionally, net earnings attributable to VMI and EPS were reported to be $83.07 million and $4.11, compared to a net loss and loss per share of $49.03 million and $2.34 in the prior year's quarter, respectively. As of September 28, 2024, VMI's total assets amounted to $3.50 billion, compared to $3.48 billion on December 30, 2023.
Favorable Analyst Estimates
Analysts predict VMI's revenue for the fiscal fourth quarter ending December 2024 to come in at $1.01 billion. Moreover, its EPS for the ongoing quarter is expected to increase 14.3% year-over-year to $3.63. The company has exceeded the consensus EPS estimates in each of the four trailing quarters, which is noteworthy.
For the full fiscal year 2024, ending December 2024, VMI's revenue is forecasted to reach $4.05 billion, while its EPS for the same period is expected to rise 13.3% from the previous year, reaching $16.98.
Plus, looking ahead to fiscal 2025, analysts anticipate further growth, with revenue and EPS forecasted to rise by 2.7% and 5.6% from the prior year, reaching $4.16 billion and $17.93, respectively.
High Profitability
VMI's trailing-12-month EBITDA margin of 14.78% is 6.2% higher than the industry average of 13.92%. Its trailing-12-month levered FCF margin stands at 9.82%, 45.8% higher than the industry average of 6.74%.
Additionally, VMI's trailing-12-month asset turnover ratio of 1.16x outperforms the industry average of 0.78x by 48.1%. Moreover, the company boasts a trailing-12-month net income margin of 7.56%, which is 15.6% above the sector average of 6.54%.
POWR Ratings Reflects Optimism
VMI's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
VMI has a B grade for Quality supported by profitability metrics that outperform the industry average. Plus, its B grade for Sentiment is in line with optimistic analyst estimates.
Additionally, VMI has a B grade for Growth, as shown by its impressive growth metrics over the past few years.
VMI has topped the 30-stock <a href="https://stocknews.com/category/industrial-metals/">Industrial - Metals</a> industry. Beyond what is stated above, we have also given VMI's grades for Value, Momentum, and Stability. Get all VMI ratings <a href="https://stocknews.com/stock/VMI/">here</a>.
Bottom Line
VMI has solidified its position as a market leader in the infrastructure sector, thanks to its strategic market positioning and a diverse, high-performing portfolio. With strong profitability, solid financials, and favorable analyst projections, VMI is well-placed to continue driving growth and delivering returns for investors in 2025.
How Does Valmont Industries, Inc. (VMI) Stack Up Against Its Peers?
Although VMI's near-term outlook appears sound, it may be worthwhile to explore its industry peers, who currently exhibit even stronger POWR Ratings. So, consider these A (Strong Buy) stocks from the Industrial - Metals industry:
BHP Group Limited (<a href="https://stocknews.com/stock/BHP/">BHP</a>)
Rio Tinto Group (<a href="https://stocknews.com/stock/RIO/">RIO</a>)
Gibraltar Industries, Inc. (<a href="https://stocknews.com/stock/ROCK/">ROCK</a>)
To explore more A or B-rated Industrial - Metals stocks, <a href="https://stocknews.com/category/industrial-metals/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
VMI shares were unchanged in premarket trading Monday. Year-to-date, VMI has gained 45.96%, versus a 29.08% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/vmi-bhp-rio-rock-can-valmont-industries-sustain-its-growth-in-2025/>Can Valmont Industries Sustain Its Growth in 2025?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Can Valmont Industries Sustain Its Growth in 2025?

Stifel raised the firm's price target on Valmont (VMI) to $382 from $360 and keeps a Buy rating on the shares. Global industrial stocks having mate...

Valmont price target raised to $382 from $360 at Stifel

There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on MYR Group (MYRG – Research Report) and Valmont...

Analysts Offer Insights on Industrial Goods Companies: MYR Group (MYRG) and Valmont (VMI)

Valmont (VMI) Industries announced a significant milestone in its strategic initiative to enhance operational efficiencies and drive growth. Valley...

Valmont says Valley Irrigation to merge four irrigation management platforms

Valley Irrigation to merge irrigation management platforms into AgSense 365 app

Stifel Nicolaus Reaffirms Their Buy Rating on Valmont (VMI)

AFMJF

ROCK

Press Releases

Valmont Industries, Inc. Announces Second Quarter 2024 Earnings Call

Valmont Reports Second Quarter 2024 Results and Raises Full-Year 2024 Diluted Earnings per Share Guidance

Valmont Board Declares Quarterly Dividend

Valmont Appoints Thomas Liguori as Chief Financial Officer

Valmont Industries, Inc. Announces Third Quarter 2024 Earnings Call

Valmont Reports Third Quarter 2024 Results

Valmont Announces Appointment of Deborah Caplan to its Board of Directors

Myers Industries Appoints Aaron Schapper as President, Chief Executive Officer and Director Effective January 1, 2025

Valley Irrigation Announces Strategic Consolidation of Technology Brands Into AgSense 365 App

Arcosa

AECOM

Argan

Ameresco

APi Gr

Cadeler A/S American Depositary Share (each representing four (4) Ordinary Shares)

Comments

Valmont Industries

ニュース

最新ニュース Valmont Industries (NYSE:VMI) 株価情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル