Valmont Industries (NYSE:VMI) Price Target Raised to $450.00

Valmont Industries (NYSE:VMI) had its price target boosted by DA Davidson from $415.00 to $450.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a neutral rating on the industrial products company’s stock.

Several other analysts also recently weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Valmont Industries in a research report on Monday, December 29th. JPMorgan Chase & Co. raised their price target on shares of Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Stifel Nicolaus boosted their price objective on shares of Valmont Industries from $492.00 to $501.00 and gave the company a “buy” rating in a research report on Wednesday. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $487.00.

Valmont Industries Stock Up 1.7%

Shares of NYSE:VMI opened at $471.53 on Wednesday. The firm has a market capitalization of $9.29 billion, a PE ratio of 28.03 and a beta of 1.22. The business has a 50 day simple moving average of $437.35 and a two-hundred day simple moving average of $407.84. Valmont Industries has a 1 year low of $250.07 and a 1 year high of $487.58. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.35 and a quick ratio of 1.50.

Valmont Industries (NYSE:VMI) last issued its quarterly earnings results on Tuesday, February 17th. The industrial products company reported $4.92 earnings per share for the quarter, missing the consensus estimate of $4.95 by ($0.03). Valmont Industries had a return on equity of 23.82% and a net margin of 8.53%.The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the company posted $3.84 earnings per share. The company’s quarterly revenue was up .1% compared to the same quarter last year. Valmont Industries has set its FY 2026 guidance at 20.500-23.500 EPS. On average, equities analysts predict that Valmont Industries will post 18.07 EPS for the current year.

Institutional Investors Weigh In On Valmont Industries

Hedge funds have recently modified their holdings of the business. Community Bank N.A. acquired a new stake in shares of Valmont Industries in the 3rd quarter worth $25,000. Elyxium Wealth LLC purchased a new stake in Valmont Industries in the fourth quarter valued at about $27,000. First Horizon Corp acquired a new stake in Valmont Industries in the third quarter worth about $29,000. Leonteq Securities AG purchased a new stake in shares of Valmont Industries during the fourth quarter worth about $30,000. Finally, State of Wyoming acquired a new position in shares of Valmont Industries during the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 87.84% of the company’s stock.

About Valmont Industries

Valmont Industries, Inc (NYSE: VMI) is a diversified industrial manufacturer specializing in infrastructure and agricultural products. Headquartered in Omaha, Nebraska, the company engages in the design, production and distribution of engineered products that support water management, power transmission, lighting and traffic infrastructure. Valmont’s solutions range from center-pivot and lateral-move irrigation systems to utility poles, transmission towers, lighting structures and highway traffic signal support structures.

The company operates through several core business segments.