Equities research analysts expect Vulcan Materials (NYSE:VMC) to announce $936.65 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Vulcan Materials’ earnings. The lowest sales estimate is $922.90 million and the highest is $942.90 million. Vulcan Materials reported sales of $872.98 million during the same quarter last year, which suggests a positive year-over-year growth rate of 7.3%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, February 6th.

On average, analysts expect that Vulcan Materials will report full-year sales of $936.65 million for the current financial year, with estimates ranging from $3.84 billion to $3.86 billion. For the next year, analysts expect that the firm will post sales of $4.21 billion per share, with estimates ranging from $4.19 billion to $4.23 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for Vulcan Materials.

Vulcan Materials (NYSE:VMC) last issued its quarterly earnings data on Wednesday, November 1st. The construction company reported $1.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.40 by ($0.36). The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. Vulcan Materials had a return on equity of 8.71% and a net margin of 10.20%. Vulcan Materials’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.01 earnings per share.

A number of brokerages have recently weighed in on VMC. Zacks Investment Research upgraded Vulcan Materials from a “strong sell” rating to a “hold” rating in a research report on Sunday. Jefferies Group reiterated a “hold” rating and issued a $135.00 price objective on shares of Vulcan Materials in a research report on Wednesday. Stephens reiterated a “buy” rating and issued a $158.00 price objective on shares of Vulcan Materials in a research report on Wednesday, January 3rd. Royal Bank of Canada reiterated a “buy” rating and issued a $154.00 price objective on shares of Vulcan Materials in a research report on Tuesday, October 10th. Finally, Citigroup reiterated a “buy” rating and issued a $140.00 price objective (down from $145.00) on shares of Vulcan Materials in a research report on Monday, October 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $143.00.

In related news, insider Michael R. Mills sold 4,659 shares of Vulcan Materials stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $133.25, for a total transaction of $620,811.75. Following the sale, the insider now directly owns 45,351 shares in the company, valued at $6,043,020.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael R. Mills sold 3,738 shares of Vulcan Materials stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $134.56, for a total value of $502,985.28. Following the sale, the insider now owns 44,581 shares in the company, valued at $5,998,819.36. The disclosure for this sale can be found here. Insiders own 0.89% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VMC. Sun Life Financial INC boosted its position in shares of Vulcan Materials by 10,666.7% during the second quarter. Sun Life Financial INC now owns 969 shares of the construction company’s stock valued at $123,000 after purchasing an additional 960 shares in the last quarter. Schroder Investment Management Group bought a new stake in shares of Vulcan Materials during the second quarter valued at approximately $187,000. FCA Corp TX bought a new stake in shares of Vulcan Materials during the third quarter valued at approximately $215,000. WINTON GROUP Ltd bought a new stake in shares of Vulcan Materials during the second quarter valued at approximately $218,000. Finally, LMR Partners LLP bought a new stake in shares of Vulcan Materials during the third quarter valued at approximately $220,000. Institutional investors own 89.04% of the company’s stock.

Shares of Vulcan Materials (NYSE VMC) opened at $135.03 on Friday. The firm has a market capitalization of $17,862.44, a P/E ratio of 45.46, a PEG ratio of 1.97 and a beta of 0.88. Vulcan Materials has a 1 year low of $108.95 and a 1 year high of $137.65. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.22 and a quick ratio of 3.34.

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Vulcan Materials Company Profile

Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other).

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Earnings History and Estimates for Vulcan Materials (NYSE:VMC)

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