How to Buy Valmont Industries Stock
Valmont Industries Inc
Valmont Industries is a conglomerate company located in Nebraska, United States, which is part of the Industrials sector, and is traded under the ticker VMI on the NYSE exchange.
Valmont Industries stock last closed at $238.21, down 0.27% from the previous day, and has decreased 7.7% in one year. It has underperformed other stocks in the Conglomerates industry by 0.15 percentage points. Valmont Industries stock is currently +0.76% from its 52-week low of $236.42, and -32.59% from its 52-week high of $353.36.
There are currently 21.01M shares of VMI outstanding. The market value of VMI is $5.01B. In the past 24 hours, 112,286 VMI shares were traded.
How to Buy Valmont Industries Stock
Wondering how to invest in Valmont Industries stock? Here's how.
- Choose where to buy Valmont Industries stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Valmont Industries stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Research Valmont Industries stock: The Valmont Industries ticker symbol is VMI. Is Valmont Industries stock a good investment? Should you buy shares of VMI? How do VMI's underlying business fundamentals look? Do top analysts think Valmont Industries is a good buy? Why has VMI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if VMI is a good stock to buy).
- Execute your VMI buy order: Decide if you will purchase VMI shares at the current market price or use a limit order to purchase VMI stock at a given price.
- Get the latest news on your investment in VMI: Create a watchlist to keep track of your new investment in Valmont Industries shares.
Step 1: Choose where to buy Valmont Industries stock
You will need an online brokerage account in order to access the NYSE market and buy VMI stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal information so you are able to invest in VMI stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal details to open your new brokerage account.
- Send your application by pressing the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you have opened your account on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing money into your new brokerage account.
Step 4: Research Valmont Industries stock
After you have identified the best place to buy Valmont Industries stock, it's very important to analyze their stock before you invest, so you can understand the risk and upside.
Valmont Industries shares quick numbers
Fundamentals of Valmont Industries
WallStreetZen was designed to help average investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on VMI's stock page.
How is VMI stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge VMI's intrinsic value.
Using relative valuations ratios:
- VMI may be overvalued based on its P/E ratio of 18.3x, relative to Conglomerates industry P/E ratio of 10.99x
- VMI may be undervalued based on its P/B ratio of 3.1x, relative to Conglomerates industry P/B ratio of 4.33x
- VMI could be overvalued based on its PEG ratio of 1.63x
You can access more valuation analysis on VMI's stock here.
VMI Financial Health Summary
Pros:
- There are more short-term assets than short-term liabilities on the VMI balance sheet.
- There are more short-term assets than long-term liabilities on the VMI balance sheet.
- VMI profit margin has gone up from 5.5% to 6.4% in the past year.
- VMI earnings of $449.02M is not enough to cover its interest payments.
- Total VMI debt is lower than 5 years ago, relative to shareholder equity.
- VMI's operating cash flow of $367.79M allows it to safely service it's debt of $1.12B.
Cons:
- VMI has a relatively high debt to equity ratio of 1.21.
Is VMI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on VMI, the consensus analyst rating on VMI is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent VMI Analyst Forecasts
Brent Thielman, a top 2% analyst from DA Davidson maintains VMI with a hold rating and lowers their VMI price target from $310.00 to $290.00, on Jul 31, 2023.
Nathan Jones, a top 4% analyst from Stifel Nicolaus reiterates VMI with a strong buy rating and maintains their VMI price target from $352.00 to $352.00, on Jul 13, 2023.
You can dive deeper into what analysts are saying on the Valmont Industries stock forecast page.
VMI Trading Indicators
VMI Growth Metrics
Last year, VMI earnings were $276.36M. During the past five year, VMI's earnings have increased by 23.13% per year. This was faster than the Conglomerates industry average of 22.99%.
Last year, VMI revenue was $4.34B. In the past five year, VMI's revenue has gone up by 9.33% per year. This was faster than the Conglomerates industry average of -0.99%.
Learn more about VMI's earnings and revenue performance here.
Are VMI executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at VMI have sold more shares than they have bought.
Diane M. Larkin, EVP Global Operations of VMI, was the latest VMI insider to sell. They sold $28,880.28 worth of VMI shares on Jun 29, 2023.
Learn more about who owns VMI shares here.
Does VMI provide a stable income stream?
Valmont Industries pays a dividend of 0.73%, compared to the Conglomerates industry's average dividend yield of 33.69%. If you owned $1,000 of VMI stock, you would have received $7.35 in the past 12 months.
Valmont Industries dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Valmont Industries dividend yield and history here.
What do other traders have to say about VMI?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your VMI buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, use a limit order.
Click the Open button and your broker will place the order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your investment in VMI
Now that you own some VMI stock, you'll want to stay up-to-date on your new company.
Start a watchlist to monitor your VMI stock.
VMI Feed
How to Buy Stock in Valmont Industries
To summarize, here are the 6 steps to buy Valmont Industries stock:
- Choose where to buy Valmont Industries stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Valmont Industries stock
- Execute your VMI buy order
- Get the latest news on your investment in VMI
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Valmont Industries, click the button below.
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