Vulcan Materials Company (Holding Company) ($VMC) Stock Forecast: Down 5.7% Today

What is Vulcan Materials Company (Holding Company)?

Vulcan Materials Company (VMC) is a leading producer of construction aggregates, asphalt mix, and ready-mixed concrete used in infrastructure projects. With a focus on materials essential for building roads, bridges, and other key infrastructure, VMC plays a crucial role in the construction industry.

Why is Vulcan Materials Company (Holding Company) going down?

VMC stock is down 5.7% on Aug 6, 2024 13:49

• The bearish movement in VMC's stock today could be attributed to the following factors:
• Despite expectations of solid pricing due to infrastructure spending and strategic efforts, the market may have reacted negatively to softer-than-expected volumes in the second quarter earnings.
• The anticipation of VMC's Q2 earnings release might have led to profit-taking by investors who were expecting stronger results.
• The overall market sentiment towards infrastructure stocks may have been dampened by concerns over the slow progress in addressing the nation's crumbling infrastructure, despite significant government spending initiatives.
• The focus on manufacturing stocks for America's rebuilding efforts could have shifted investor attention away from specific infrastructure companies like VMC, leading to a bearish trend in the stock price.

VMC Price Chart

VMC News

3 Infrastructure Stocks Positioned for Potential Government Spending

As government initiatives continue to channel significant funds into revitalizing America’s infrastructure, the appeal of infrastructure stocks seems more vibrant than ever. A notable driver behind this excitement is the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), signed into law in November 2021 and still running today. This landmark legislation sets out to modernize the nation’s crumbling infrastructure, focusing on key areas like roads, bridges, water systems and broadband networks with a robust infusion of federal capital. As the IIJA moves forward, infrastructure stocks are set to retain quite strong momentum. Companies with exposure in this space are poised to keep reaping the benefits of sustained federal investment, leading to promising revenue and earnings growth. In this article, we’ll take a look at three infrastructure stocks well-positioned to keep capitalizing on the ongoing wave of government spending. These firms operate in critical segments of the infrastructure landscape, making them compelling choices for investors eager to tap into the current boom.

https://investorplace.com/2024/08/3-infrastructure-stocks-positioned-for-potential-government-spending/

Vulcan to Report Q2 Earnings: What's in the Offing? - Dycom Industries ( NYSE:DY ) , Aspen Aerogels ( NYSE:ASPN )

Vulcan Materials Company VMC is scheduled to release second-quarter 2024 results on Aug 6, before the opening bell. In the last reported quarter, the company's adjusted earnings per share and revenues surpassed the Zacks Consensus Estimate by 5.3% and 1.2%, respectively.

https://www.benzinga.com/news/earnings/24/08/40167110/vulcan-to-report-q2-earnings-whats-in-the-offing

Vulcan ( VMC ) to Report Q2 Earnings: What's in the Offing?

Vulcan's (VMC) second-quarter results are likely to reflect solid pricing amid soft volumes. Yet, solid infrastructure spending and strategic efforts are tailwinds.

https://www.zacks.com/stock/news/2316237/vulcan-vmc-to-report-q2-earnings-whats-in-the-offing

The Top 3 Infrastructure Stocks to Buy Now: Summer 2024

The U.S. desperately needs better infrastructure, which, if addressed soon, could create a massive boom in infrastructure stocks. Right now, we’re in bad shape.  Look at bridges, for example. According to the Infrastructure Report Card, 42% of the 617,000 bridges in the U.S. are more than 50 years old. And about 7.5% are structurally deficient, as we recently saw with the Baltimore bridge collapse. Water main breaks occur on average every two minutes, and six billion gallons of treated water are lost every day. More than 40% of our roads are in poor or mediocre condition, and more than half of public school districts need to update or replace building systems.  In addition, “Over a 10-year period across the country, 19% of transit vehicles, and 6% of fixed guideway elements like tracks and tunnels were rated in poor condition.” The American Society of Civil Engineers boosted the nation’s infrastructure grade to a 20-year high of C-, but we’re in pitiful shape. Not helping, they say there’s an “infrastructure investment gap of nearly $2.6 trillion this decade that, if unaddressed, could cost the United States $10 trillion in lost gross domestic product by 2039.” Unfortunately, our ailing infrastructure isn’t going to fix itself. That said, I expect to hear more infrastructure pitches as we near the November election. All of which could help boost infrastructure stocks.

https://investorplace.com/2024/08/the-top-3-infrastructure-stocks-to-buy-now-summer-2024/

3 Manufacturing Stock Picks for the Rebuilding of America

Former President Donald Trump wants to rebuild America. Frankly, that’s what every candidate says or some variation of that theme. It’s not original nor is it surprising. If I’m being truly blunt, the only thing that is surprising is that people get caught up in the message, even though again, it’s the same message from the left, right and middle of the road. Still, the topic opens up potential opportunities in manufacturing stocks. No matter who and what party wins out this November, the restoration of America will be a central policy point. Therefore, manufacturing stocks should be on every investor’s radar. To be sure, the sector really isn’t all that exciting: I don’t expect investors to get rich off these ideas unless they’re speculating on far out-the-money options. It’s more of a higher-probability wager. If you’re looking for smart ideas that can pad your portfolio while you seek out more exciting fare, manufacturing stocks may be the go-to arena. Below are several ideas to consider.

https://investorplace.com/2024/07/3-manufacturing-stock-picks-for-the-rebuilding-of-america/

Trending Today

Nike Inc. ($NKE) Stock Forecast: Up 6.2% Today

GameStop Corp. ($GME) Stock Forecast: Up 7.9% Today

Enphase Energy Inc. ($ENPH) Stock Forecast: Down 5.9% Today

NRG Energy Inc. ($NRG) Stock Forecast: Up 5.1% Today

Novo Nordisk A/S ($NVO) Stock Forecast: Down 5.3% Today

Bittensor ($TAO) Crypto Forecast: Up 10.7% Today

Ethereum ($ETH) Crypto Forecast: Up 5.2% Today

Aurora Cannabis Inc. ($ACB) Stock Forecast: Down 5.2% Today

Hims & Hers Health Inc. ($HIMS) Stock Forecast: Down 5.3% Today

FedEx Corporation ($FDX) Stock Forecast: Down 15.5% Today

Vulcan Materials Company (Holding Company) Price History

17.01.2024 - VMC Stock was up 5.3%

• Vulcan Materials exceeded expectations by reporting EBITDA of over $2 billion, showcasing robust financial performance.
• The company's Q4 earnings and revenues surpassed estimates, driven by favorable pricing and increased volumes.
• Vulcan's optimistic outlook and encouraging guidance for the latter half of the year played a role in the market's positive response.
• The company's strong financial results, such as revenue growth and higher gross profit, coupled with an impressive adjusted EPS beat, bolstered investor confidence and propelled the stock to reach a new record high.

18.07.2023 - VMC Stock was down 5.9%

• The bearish movement in VMC's stock today could be attributed to the following factors:
• 1. Profit-taking: After a period of strong performance, investors may have decided to take profits, leading to a sell-off in the stock.
• 2. Market sentiment: The overall market sentiment might have turned negative, causing investors to sell off their positions in VMC along with other stocks.
• 3. Regulatory concerns: There might be news or rumors related to regulatory issues or changes in the construction materials industry, which could have negatively impacted investor confidence in VMC.
• 4. Technical factors: Technical indicators or chart patterns might have signaled a bearish trend in VMC's stock, leading to increased selling pressure.

16.01.2024 - VMC Stock was up 6.9%

• VMC shares surged after reporting strong fourth-quarter FY23 results, with revenue in line with consensus and increased gross profit.
• The upbeat earnings report and positive second-quarter guidance from another company also contributed to the bullish movement of VMC shares.
• The decline in retail sales last month helped allay fears of an overheated economy and high interest rates, providing a boost to VMC and other stocks.
• The uniquely positioned aggregates business of VMC, along with strong earnings growth and margin expansion, further supported the bullish movement.

16.01.2024 - VMC Stock was up 6.1%

• Today, VMC experienced a strong bullish movement, and here's why:
• VMC's Q4 earnings and revenues surpassed expectations, with adjusted EBITDA showing growth. This positive financial performance likely contributed to the bullish market movement.
• The company's gross profit also saw a significant increase compared to the previous year, indicating improved operational efficiency and profitability.
• The upbeat earnings report and positive guidance from related industry companies may have had a spillover effect, boosting investor sentiment towards VMC.
• Overall, VMC's solid financial results and positive market sentiment towards the construction industry likely drove the bullish movement in the stock.

16.01.2024 - VMC Stock was up 5.8%

• Vulcan Materials Co. witnessed a rise in profits during the fourth quarter, outperforming expectations. This favorable earnings report potentially contributed to the stock's upward movement.
• The construction sector, including non-residential construction, demonstrated strong growth of approximately 20% throughout 2023. This overall sector performance may have influenced the positive movement of VMC.
• Analysts predict a steady to improving market in 2024, instilling investor confidence in various construction stocks, including VMC.
• The optimistic construction outlook, exemplified by companies like Caterpillar, could have prompted investors to view VMC as a reliable investment, further driving its upward movement.

18.09.2023 - VMC Stock was down 5.1%

• The bearish movement in VMC's stock could be attributed to concerns about peak demand for construction-related stocks, as mentioned in an article from Investors Business Daily. This may have led investors to sell off their positions in VMC.
• The news of New York State Teachers Retirement System selling a portion of its stake in VMC, as mentioned in an article from The AM Reporter, could have added to the bearish sentiment.
• It is also worth noting that VMC declared a quarterly dividend on its common stock, as mentioned in an article from PR Newswire. While dividends are generally positive news for investors, it may not have been enough to offset the overall bearish market sentiment.
• The increase in stake by Empirical Finance LLC, as mentioned in an article from The AM Reporter, may have provided some support to VMC's stock, but it seems to have been overshadowed by other factors contributing to the bearish movement.

20.01.2024 - VMC Stock was up 5.3%

• Vulcan Materials Company (VMC) had a strong bullish movement recently.
• The redemption of $550 million notes ahead of schedule indicates a strong financial position and confidence in future cash flows.
• Reporting over $2 billion in EBITDA and beating Q4 earnings and revenues with an increase in adjusted EBITDA have boosted investor confidence.
• The record high rally following positive Q4 results and a strong outlook suggests that market participants are optimistic about Vulcan Materials Company's growth prospects and operational performance.

04.04.2023 - VMC Stock was up 4.8%

• VMC had a strong bullish movement today, following the release of its Q1 earnings report that beat the Street estimates.
• The company's Non-GAAP EPS of $0.95 beat by $0.33, while its revenue of $1.65B (+7.1% Y/Y) beat by $80M.
• VMC's management expectations for 2023 include growth in the construction sector globally, which is expected to benefit infrastructure stocks like VMC.
• The bullish movement of VMC today might be attributed to the positive Q1 earnings report and the overall optimism in the infrastructure sector due to the global economic recovery.

02.10.2023 - VMC Stock was up 5.0%

• The bullish movement in VMC's stock today can be attributed to the following factors:
• 1. Strong Q3 Earnings: Vulcan Materials Company reported better-than-expected earnings and revenues for the third quarter of 2023. This positive financial performance indicates strong pricing growth and operational execution, which likely boosted investor confidence and contributed to the bullish market movement.
• 2. Short Interest Decline: The recent decrease in Vulcan Materials' short percent of float suggests a reduction in bearish sentiment among investors. As the short interest fell, it indicates that fewer investors are betting against the stock, potentially leading to increased buying pressure and a bullish market movement.
• 3. Positive Market Sentiment: The overall market sentiment towards construction materials companies may have played a role in VMC's bullish movement. If there is a positive outlook for the construction industry, it can drive demand for Vulcan Materials' products and subsequently increase investor interest in the stock.
• 4. Operational Efficiency: Vulcan Materials' ability to execute its operations efficiently and effectively may have contributed to the bullish market movement. The company's focus on operational excellence and cost management can attract investors looking for companies with strong fundamentals and potential for growth.
• Overall, the combination of strong earnings, reduced short interest, positive market sentiment, and operational execution likely contributed to the bullish movement in Vulcan Materials Company's stock today.

26.09.2023 - VMC Stock was down 5.2%

• The bearish movement in VMC's stock today can be attributed to the following factors:
• 1. Earnings Miss: Despite beating estimates on non-GAAP EPS and revenue in their Q3 results, the market may have reacted negatively due to high expectations. Investors were possibly anticipating even stronger earnings growth, leading to a sell-off in the stock.
• 2. Dispute with Mexican Government: The news about VMC seeking US protection in their ongoing dispute with the Mexican government could have added uncertainty and negative sentiment to the stock. Investors may be concerned about the potential impact of this dispute on VMC's operations and profitability.
• 3. Overall Market Sentiment: The broader market conditions and investor sentiment could also have played a role in the bearish movement of VMC's stock. If there was a general downturn in the construction or materials sector, it could have affected VMC's stock negatively.
• 4. Lack of Positive Catalysts: The absence of any significant positive news or catalysts specific to VMC may have contributed to the bearish movement. Without any positive developments to drive the stock price higher, investors may have decided to sell their positions.
• Overall, the bearish movement in VMC's stock today can be attributed to a combination of factors, including a potential earnings miss, the ongoing dispute with the Mexican government, overall market sentiment, and the lack of positive catalysts.

16.01.2024 - VMC Stock was up 5.3%

• Q4 earnings and revenues of Vulcan Materials showed exceptional performance, surpassing expectations.
• Benefiting from robust pricing and increased volumes, the company's adjusted EBITDA displayed growth.
• The optimistic earnings report and positive outlook positively influenced the surge in the stock price.
• Additionally, the overall market sentiment, accompanied by the upward movement of notable stocks like Applied Materials and Texas Roadhouse, potentially bolstered investor confidence in Vulcan Materials.

06.07.2024 - VMC Stock was down 5.7%

• The bearish movement in VMC's stock today could be attributed to the following factors:
• Despite expectations of solid pricing due to infrastructure spending and strategic efforts, the market may have reacted negatively to softer-than-expected volumes in the second quarter earnings.
• The anticipation of VMC's Q2 earnings release might have led to profit-taking by investors who were expecting stronger results.
• The overall market sentiment towards infrastructure stocks may have been dampened by concerns over the slow progress in addressing the nation's crumbling infrastructure, despite significant government spending initiatives.
• The focus on manufacturing stocks for America's rebuilding efforts could have shifted investor attention away from specific infrastructure companies like VMC, leading to a bearish trend in the stock price.