Stifel Reiterates Buy on Valmont Industries, Maintains $249 Price Target
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Stifel analyst Nathan Jones reiterates Valmont Industries (NYSE:VMI) with a Buy and maintains $249 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2024 | $230.00 → $290.00 | Neutral → Buy | DA Davidson |
| 10/26/2023 | Buy → Neutral | Northcoast | |
| 7/15/2022 | $300.00 | Buy | Northcoast |
| 6/3/2022 | $297.00 | Buy | ROTH Capital |
| 7/22/2021 | $350.00 | Neutral → Outperform | Boenning & Scattergood |
Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry (the "Company" or "Myers"), today announced that its Board of Directors (the "Board") has appointed Aaron M. Schapper as the Company's new President and Chief Executive Officer, effective January 1, 2025. Mr. Schapper will succeed Dave Basque, who has been serving as Myers' Interim President and CEO since September 9, 2024, and who will return to his role as Vice President, Special Projects. Mr. Schapper will also join the Board in January. This press release features multimedia. View the full release here: https://www
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 January 15, 2025, to shareholders of record on December 27, 2024. The dividend indicates an annual rate of $2.40 per share. About Valmont Industries, Inc. For nearly 80 years, Valmont has been a global leader in creating vital infrastructure and advancing agricultural productivity. Today, we remain committed to doing more with less by innovating through technology. Learn more about how we're Conserving Resources.
Valmont® Industries, Inc. (NYSE:VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today is pleased to announce the appointment of Deborah Caplan to its Board of Directors. Ms. Caplan is a seasoned executive whose decades of experience helping organizations drive growth and improve innovation makes her a valuable addition to Valmont's board. This appointment brings the total number of board members to eleven and underscores the Company's ongoing commitment to strengthening its leadership team and enhancing its governance practices to better serve its stakeholders. This press release features multimedia
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 January 15, 2025, to shareholders of record on December 27, 2024. The dividend indicates an annual rate of $2.40 per share. About Valmont Industries, Inc. For nearly 80 years, Valmont has been a global leader in creating vital infrastructure and advancing agricultural productivity. Today, we remain committed to doing more with less by innovating through technology. Learn more about how we're Conserving Resources.
Net Sales and Operating Income Aligned with Expectations Generated Strong Operating Cash Flows of $225 Million 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 third quarter ended September 28, 2024. President and Chief Executive Officer Avner M. Applbaum commented, "Our team delivered another solid quarter, expanding operating margins and generating strong operating cash flows despite lower sales. The Infrastructure segment benefited from strong utility market demand and an improving telecommunications market in North America
Valmont® Industries, Inc. (NYSE:VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, will host its third quarter 2024 earnings conference call on Wednesday, October 23, 2024 beginning at 8:00 a.m. CT. A news release outlining third quarter results will be distributed after market close on Tuesday, October 22, 2024. A live audio discussion with Avner M. Applbaum, President and Chief Executive Officer, and Thomas Liguori, Executive Vice President and Chief Financial Officer, will be accessible by telephone on Wednesday, October 23, 2024 at 8:00 a.m. CT by dialing +1 877.407.6184 or +1 201.389.0877 (no Con
4 - VALMONT INDUSTRIES INC (0000102729) (Issuer)
4 - VALMONT INDUSTRIES INC (0000102729) (Issuer)
4 - VALMONT INDUSTRIES INC (0000102729) (Issuer)
Valmont Industries (NYSE:VMI) reported quarterly earnings of $4.91 per share which beat the analyst consensus estimate of $4.05 by 21.23 percent. The company reported quarterly sales of $1.00 billion which missed the analyst consensus estimate of $1.04 billion by 3.88 percent. This is a 4.40 percent decrease over sales of $1.05 billion the same period last year.
Stifel analyst Nathan Jones maintains Valmont Industries (NYSE:VMI) with a Buy and raises the price target from $285 to $325.
DA Davidson upgraded Valmont from Neutral to Buy and set a new price target of $290.00 from $230.00 previously
Northcoast downgraded Valmont from Buy to Neutral
Northcoast initiated coverage of Valmont with a rating of Buy and set a new price target of $300.00
10-Q - VALMONT INDUSTRIES INC (0000102729) (Filer)
8-K - VALMONT INDUSTRIES INC (0000102729) (Filer)
8-K - VALMONT INDUSTRIES INC (0000102729) (Filer)
SC 13G/A - VALMONT INDUSTRIES INC (0000102729) (Subject)
SC 13G/A - VALMONT INDUSTRIES INC (0000102729) (Subject)
SC 13G - VALMONT INDUSTRIES INC (0000102729) (Subject)
Myers Industries Inc. (NYSE:MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry (the "Company" or "Myers"), today announced that its Board of Directors (the "Board") has appointed Aaron M. Schapper as the Company's new President and Chief Executive Officer, effective January 1, 2025. Mr. Schapper will succeed Dave Basque, who has been serving as Myers' Interim President and CEO since September 9, 2024, and who will return to his role as Vice President, Special Projects. Mr. Schapper will also join the Board in January. This press release features multimedia. View the full release here: https://www
Valmont® Industries, Inc. (NYSE:VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today is pleased to announce the appointment of Deborah Caplan to its Board of Directors. Ms. Caplan is a seasoned executive whose decades of experience helping organizations drive growth and improve innovation makes her a valuable addition to Valmont's board. This appointment brings the total number of board members to eleven and underscores the Company's ongoing commitment to strengthening its leadership team and enhancing its governance practices to better serve its stakeholders. This press release features multimedia
Valmont® Industries, Inc. (NYSE:VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that Thomas Liguori will join the Company as Executive Vice President and Chief Financial Officer, effective immediately. Mr. Liguori will lead the global finance and accounting organization, reporting to Avner M. Applbaum, President and Chief Executive Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240822466820/en/Tom Liguori (Photo: Business Wire) Mr. Liguori has more than 30 years of finance experience with a proven track record of