Vulcan Materials Company (VMC)
NYSE: VMC · IEX Real-Time Price · USD
245.07
+1.35 (0.55%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Vulcan Materials Company Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for VMC stock have an average target of 277.08, with a low estimate of 208 and a high estimate of 322. The average target predicts an increase of 13.06% from the current stock price of 245.07.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for VMC stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 7 | 8 | 8 | 8 |
| Buy | 5 | 5 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 6 | 6 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 16 | 17 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $300 → $310 | Buy | Maintains | $300 → $310 | +26.49% | May 3, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $269 → $272 | Hold | Maintains | $269 → $272 | +10.99% | May 3, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $298 → $319 | Strong Buy | Maintains | $298 → $319 | +30.17% | Apr 18, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $263 → $322 | Strong Buy | Maintains | $263 → $322 | +31.39% | Apr 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $300 → $320 | Strong Buy | Maintains | $300 → $320 | +30.57% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
7.89B
from 7.78B
Increased by 1.32%
Revenue Next Year
8.51B
from 7.89B
Increased by 7.86%
EPS This Year
8.75
from 6.98
Increased by 25.30%
EPS Next Year
10.16
from 8.75
Increased by 16.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.5B | 9.2B | 9.9B | 10.1B | 10.8B |
| Avg | 7.9B | 8.5B | 9.1B | 9.7B | 10.3B |
| Low | 7.4B | 7.8B | 7.9B | 9.4B | 10.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.0% | 17.0% | 16.5% | 11.5% | 10.7% |
| Avg | 1.3% | 7.9% | 6.4% | 7.3% | 6.5% |
| Low | -4.3% | -0.8% | -7.0% | 4.1% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.69 | 11.18 | 13.39 | 12.43 | 13.01 |
| Avg | 8.75 | 10.16 | 11.32 | 11.96 | 12.51 |
| Low | 8.20 | 8.87 | 8.81 | 11.60 | 12.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.8% | 27.8% | 31.8% | 9.8% | 8.8% |
| Avg | 25.3% | 16.2% | 11.4% | 5.6% | 4.6% |
| Low | 17.5% | 1.4% | -13.3% | 2.5% | 1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.