Vulcan Materials Company (VMC)
NYSE: VMC · IEX Real-Time Price · USD
261.24
+2.70 (1.04%)
At close: Apr 26, 2024, 4:00 PM
261.49
+0.25 (0.10%)
After-hours: Apr 26, 2024, 7:50 PM EDT
Vulcan Materials Company Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for VMC stock have an average target of 262.4, with a low estimate of 186 and a high estimate of 322. The average target predicts an increase of 0.44% from the current stock price of 261.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for VMC stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 7 | 8 |
| Buy | 6 | 6 | 5 | 5 | 3 | 3 |
| Hold | 4 | 3 | 4 | 4 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 17 | 17 | 17 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $298 → $319 | Strong Buy | Maintains | $298 → $319 | +22.11% | Apr 18, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $263 → $322 | Strong Buy | Maintains | $263 → $322 | +23.26% | Apr 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $300 → $320 | Strong Buy | Maintains | $300 → $320 | +22.49% | Apr 2, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $245 → $270 | Buy → Hold | Downgrades | $245 → $270 | +3.35% | Mar 22, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 8, 2024 |
Financial Forecast
Revenue This Year
7.96B
from 7.78B
Increased by 2.34%
Revenue Next Year
8.57B
from 7.96B
Increased by 7.58%
EPS This Year
8.63
from 6.98
Increased by 23.59%
EPS Next Year
10.00
from 8.63
Increased by 15.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.9B | 9.7B | 10.6B | 10.8B |
| Avg | 8.0B | 8.6B | 9.2B | 10.4B |
| Low | 7.3B | 7.6B | 7.7B | 10.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.9% | 22.0% | 24.3% | 17.2% |
| Avg | 2.3% | 7.6% | 7.4% | 12.7% |
| Low | -6.2% | -4.7% | -10.4% | 9.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.54 | 11.39 | 13.23 | 11.49 | 12.42 |
| Avg | 8.63 | 10.00 | 11.16 | 11.05 | 11.95 |
| Low | 7.72 | 8.18 | 8.07 | 10.72 | 11.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.7% | 32.1% | 32.2% | 3.0% | 12.4% |
| Avg | 23.6% | 16.0% | 11.5% | -1.0% | 8.1% |
| Low | 10.6% | -5.1% | -19.4% | -3.9% | 4.9% |
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.