Vulcan(VMC)

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Vulcan Materials: Expecting Construction Market Recovery In 2025; Initiating With 'Buy'
Seeking Alpha· 2025-01-21 12:02
Vulcan Materials Company (NYSE: VMC ) is the nation’s largest supplier of construction aggregates, operating more than 397 aggregates facilities in the US market. I favor the company’s pricing power on aggregate products and anticipate their growth willMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth pot ...
VULCAN ANNOUNCES FOURTH QUARTER 2024 CONFERENCE CALL
Prnewswire· 2025-01-14 13:30
BIRMINGHAM, Ala., Jan. 14, 2025 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC) will host its fourth quarter 2024 earnings conference call on Tuesday, February 18, 2025 at 10:00 a.m. CT (11:00 a.m. ET). Financial results will be released before the NYSE market opens.The Company invites investors and other interested parties to listen to the live webcast of the conference call at www.vulcanmaterials.com. To participate by phone, call 800-274-8461 approximately 10 minutes before the scheduled start. For ...
Vulcan Materials: Weathered The Storm, Rock Solid Growth Ahead
Seeking Alpha· 2024-12-19 13:53
Vulcan Materials Company (NYSE: VMC ) is one of the largest producers of construction aggregates. Construction aggregates include raw materials like crushed stone, sand, and gravel, which can then be used to make other goods like asphalt andI'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can co ...
How Will Vulcan's Acquisition of Superior Ready Mix Boost Its Growth?
ZACKS· 2024-12-12 16:16
Acquisition Strategy - Vulcan Materials Company plans to acquire Superior Ready Mix Concrete LP to strengthen its presence in California, the second-largest aggregates market in the US [1] - The acquisition includes Superior's six aggregates operations, two asphalt plants, and 13 ready-mixed concrete locations, enhancing Vulcan's service capabilities in Southern California [1] - This aligns with Vulcan's aggregates-led growth strategy, focusing on high-demand markets and profitability [2] California Market Importance - California's growing population and infrastructure needs make it a critical market for Vulcan, with extensive demand for residential, commercial, and public works development [3] - Superior's assets will help Vulcan meet this demand efficiently, reinforcing its market leadership [3] - Superior's reputation for quality aligns with Vulcan's operational ethos, strengthening its competitive edge in customer service and supply chain reliability [3] Financial and Operational Impact - Vulcan has spent $2064 million on four bolt-on acquisitions in 2024, including California, North Carolina, Alabama, and Texas, supporting its geographic and operational expansion [4] - The company maintains financial flexibility, balancing acquisitions and shareholder returns, with a 2024 capital expenditure forecast of $625 million to $650 million [5] - Vulcan's CEO emphasizes the acquisition's value proposition, highlighting long-term profitability and customer satisfaction [6] Integration and Future Outlook - The acquisition is expected to close by the end of 2024, pending regulatory approvals, marking a significant step in Vulcan's sustainable growth strategy [8] - Vulcan's "Vulcan Way" disciplines, focusing on operational efficiency and market penetration, will guide the integration of Superior's assets [7] Share Performance and Industry Comparison - Vulcan's shares gained 12% following the acquisition news and have risen 232% year-to-date (YTD), outperforming the Zacks Building Products - Concrete and Aggregates industry's 149% growth [2][10] - The company benefits from strong public infrastructure demand, efficient execution of its strategy, and accretive buyouts [10] - The Zacks Consensus Estimate predicts 232% year-over-year growth in Vulcan's 2025 earnings per share [10] Industry Peers - Sterling Infrastructure Inc (STRL) has a Zacks Rank 1 (Strong Buy), with a 1145% YTD share increase and a 215% trailing four-quarter earnings surprise [12] - Louisiana-Pacific Corporation (LPX) also holds a Zacks Rank 1, with a 654% YTD gain and a 307% trailing four-quarter earnings surprise [13] - MasTec Inc (MTZ) sports a Zacks Rank 1, with a 798% YTD increase and a 402% trailing four-quarter earnings surprise [13]
VULCAN TO ACQUIRE LEADING BUILDING MATERIALS COMPANY IN SOUTHERN CALIFORNIA
Prnewswire· 2024-12-11 12:30
BIRMINGHAM, Ala., Dec. 11, 2024 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today announced that it has entered into a definitive agreement to acquire Superior Ready Mix Concrete, L.P. ("Superior"). This value-enhancing acquisition will add six aggregates operations with more than 50 years of quality aggregates reserves to Vulcan's California franchise. California ranks as the most populous state in the U.S. and the second largest aggregate ...
Vulcan(VMC) - 2024 Q3 - Earnings Call Presentation
2024-10-30 18:24
Enhancing Our Core, Expanding Our Reach 3Q 2024 SUPPLEMENTAL INFORMATION OCTOBER 30, 2024 Safe Harbor and Non-GAAP Financial Measures This presentation contains forward-looking statements. Statements that are not historical fact, including statements about Vulcan's beliefs and expectations, are forward-looking statements. Generally, these statements relate to future financial performance, results of operations, business plans or strategies, projected or anticipated revenues, expenses, earnings (including EB ...
Vulcan(VMC) - 2024 Q3 - Earnings Call Transcript
2024-10-30 18:16
Vulcan Materials Company (NYSE:VMC) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Mark Warren - VP, IR Tom Hill - Chairman & CEO Mary Andrews Carlisle - SVP & CFO Conference Call Participants Garik Shmois - Loop Capital Trey Grooms - Stephens Keith Hughes - Truist Anthony Pettinari - Citigroup Kathryn Thompson - Thompson Research Group Jerry Revich - Goldman Sachs Brent Thielman - D.A. Davidson Phil Ng - Jefferies Timna Tanners - Wolfe Research Michael Dudas - Vertical R ...
Vulcan(VMC) - 2024 Q3 - Quarterly Report
2024-10-30 18:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $1 par value VMC New York Stock Exchange (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Num ...
Vulcan's Q3 Earnings & Revenues Lag Estimates, 2025 View Cut
ZACKS· 2024-10-30 17:51
Vulcan Materials Company (VMC) reported third-quarter 2024 results, with earnings and revenues missing their respective Zacks Consensus Estimate and declining on a year-over-year basis due to severe weather, including hurricanes and storms across the Southeast, that led to lower aggregates shipments. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. VMC's shares grew 1.9% in the pre-market trading session on Oct. 30, after the earnings release. Investors might have been optimistic ab ...
Vulcan (VMC) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-30 14:35
Vulcan Materials (VMC) reported $2 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.3%. EPS of $2.22 for the same period compares to $2.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.03 billion, representing a surprise of -1.34%. The company delivered an EPS surprise of -5.13%, with the consensus EPS estimate being $2.34.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...