Valmont Industries (VMI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...

Valmont Industries (VMI) shares ended the last trading session 3.4% higher at $264.81. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.6% loss over the past four weeks.VMI’s rally appears to be driven by the optimism over high demand in the utility market and continued global investment in the energy transition. The company is also expected to benefit from commercial strategies, enhanced operational efficiencies ...

JHVEPhoto/iStock Editorial via Getty Images Investment Thesis Valmont Industries (NYSE:VMI) is well-positioned to deliver medium to long-term growth. The company's revenues should see a bottom in the coming quarters thanks to an increase in orders in North American business and a good project pipeline in Middle Eastern markets, which should help in the recovery of the Agriculture business. In addition, good demand and increased investments in the electricity infrastructure projects, an increase in the flow ...

Valmont Industries, Inc. (VMI) generated adjusted earnings per share (EPS) of $4.32 in first-quarter 2024, up from $3.47 in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate of $3.24.The company’s revenues were $977.8 million in the quarter, down 8% year over year. The top line missed the Zacks Consensus Estimate of $981.6 million.The company managed to increase its profit margins year over year on lower sales through successful commercial strategies, enhanced operational efficiencies ...

Call end: 09:47 Valmont Industries, Inc. (NYSE:VMI) Q1 2024 Earnings Conference Call May 02, 2024 09:00 AM ET Company Participants Renee Campbell - Senior Vice President-Investor Relations and Treasurer Avner Applbaum - President and Chief Executive Officer Tim Francis - Interim Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Brent Thielman - D.A. Davidson Brian Drab - William Blair Jon Braatz - Kansas City Capital Operator Greetings, welcome to Valmont Industries, Inc. Fir ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Renee Campbell Email: renee.campbell@valmont.com Date: May 1, 2024 Valmont Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance OMAHA, Neb.-- Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today reported financial results for the first quarter ended March 30, 2024. President and Chief Executive Officer Avner M. Applbaum co ...

The market expects Valmont Industries (VMI) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 1, 2024, might help the stock move higher if these key numbers are ...

Valmont Industries (VMI) has been on a downward spiral lately with significant selling pressure. After declining 7.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-31429 Valmont Industries, Inc. (Exact name of registrant as specified in its charter) Delaware 47-0351813 (State or o ...

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that its Board of Directors has declared a quarterly dividend of $0.60 per share payable on April 15, 2024, to shareholders of record on March 29, 2024. The dividend indicates an annual rate of $2.40 per share. About Valmont Industries, Inc. For over 75 years, Valmont has been a global lea ...