Business

Keep Your Eyes on This Stock Alert: Valmont Industries, Inc. (NYSE: VMI)

Valmont Industries, Inc. (NYSE: VMI) spotted trading -6.63% off 52-week high price. On the other end, the stock has been noted 29.21% away from the low price over the last 52-weeks. The stock changed -1.77% to recent value of $133.1. The stock transacted 109769 shares during most recent day however it has an average volume of 137.03K shares. The company has 21.48M of outstanding shares and 21.12M shares were floated in the market.  

The Board of Directors of Valmont Industries, Inc. (NYSE: VMI) has declared a quarterly dividend of 37.5 cents per share payable on October 15, 2019, to shareholders of record on September 27, 2019. The dividend indicates an annual rate of $1.50 per share.

About Valmont

Valmont is a global leader, designing and manufacturing engineered products that support global infrastructure development and agricultural productivity. Its products for infrastructure serve highway, transportation, wireless communication, electric transmission, and industrial construction and energy markets. Its irrigation equipment for large scale agriculture improves farm productivity while conserving fresh water resources. In addition, Valmont provides coatings services that protect against corrosion and improve the service lives of steel and other metal products.

 Its earnings per share (EPS) expected to touch remained -39.10% for this year while earning per share for the next 5-years is expected to reach at 10.00%. VMI has a gross margin of 23.80% and an operating margin of 6.50% while its profit margin remained 3.60% for the last 12 months. 

 According to the most recent quarter its current ratio was 2.7 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.59% from the mean of 20 days, 1.96% from mean of 50 days SMA and performed 5.03% from mean of 200 days price. Company’s performance for the week was -0.35%, 0.24% for month and YTD performance remained 19.96%.

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