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 $209.57, down 1.44% from the previous day, and has decreased 28.33% in one year. It has underperformed other stocks in the Conglomerates industry by 0.11 percentage points. Valmont Industries stock is currently +11.1% from its 52-week low of $188.63, and -30.96% from its 52-week high of $303.57.
There are currently 20.22M shares of VMI outstanding. The market value of VMI is $4.24B. In the past 24 hours, 169,521 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.
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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 30.59x, relative to Conglomerates industry P/E ratio of 14.46x
- VMI may be undervalued based on its P/B ratio of 3.13x, relative to Conglomerates industry P/B ratio of 4.79x
- VMI could be undervalued based on its PEG ratio of 0.71x
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 earnings of $297.78M is not enough to cover its interest payments.
- VMI's operating cash flow of $306.78M allows it to safely service it's debt of $1.27B.
Cons:
- VMI profit margin has gone down from 5.8% to 3.6% in the past year.
- Total VMI debt is higher than 5 years ago, relative to shareholder equity.
- VMI has a relatively high debt to equity ratio of 1.52.
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 Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Valmont Industries stock forecast page.
VMI Momentum
VMI Performance Metrics
Last year, VMI earnings were $150.85M. During the last five year, VMI's earnings have gone up by 8.48% per year. This was faster than the Conglomerates industry average of 2.44%.
Last year, VMI revenue was $4.17B. During the last 5 year, VMI's revenue has grown by 8.65% per year. This was faster than the Conglomerates industry average of -0.28%.
Find out more about VMI's earnings and revenue performance here.
Latest Insiders Trades at VMI
Over the past 12 months, executives and large shareholders at VMI have sold more shares than they have bought.
Daas Kaj Den, Director of VMI, was the latest VMI insider to sell. They sold $36,784.99 worth of VMI shares on Apr 24, 2024.
Research more about who owns VMI stock here.
Can I get consistent income from VMI stock?
Valmont Industries pays a dividend of 1.15%, compared to the Conglomerates industry's average dividend yield of 3.09%. If you owned $1,000 of VMI stock, you would have been paid $11.45 last year.
Valmont Industries dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Valmont Industries dividend yield and history here.
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Step 5: Execute your VMI buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open Trade button and your broker will place your order.
If you require additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in VMI
Now that you own some VMI shares, you'll want to keep up with your investment.
Make a watchlist to get alerted to the latest events about your VMI stock.
VMI Feed
How to Buy Stock in Valmont Industries
To reiterate, here are the 6 steps for buying 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 require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Valmont Industries, click below.
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