Valmont Industries (NYSE:VMI – Get Free Report) released its quarterly 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 return on equity of 23.10% and a net margin of 7.38%. During the same quarter last year, the firm posted $3.18 EPS. Valmont Industries updated its FY 2025 guidance to 17.200-18.800 EPS.
Valmont Industries Trading Up 17.8 %
Shares of VMI stock opened at $378.00 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.55 and a current ratio of 2.35. Valmont Industries has a 1 year low of $202.01 and a 1 year high of $379.22. The stock has a fifty day moving average of $322.28 and a two-hundred day moving average of $310.97. The firm has a market capitalization of $7.57 billion, a PE ratio of 25.68 and a beta of 1.05.
Insiders Place Their Bets
In other news, Director Mogens C. Bay sold 20,000 shares of the company’s stock in a transaction 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 completion of 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.90% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
View Our Latest Stock Report 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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