WallStreetZenWallStreetZen

How to Buy Vulcan Materials Co Stock

Vulcan Materials Co

Vulcan Materials Co is a building material company located in Alabama, United States, which is part of the Basic Materials sector, and is traded under the ticker VMC on the NYSE exchange.

Vulcan Materials Co stock last closed at $211.16, down 0.79% from the previous day, and has increased 17.52% in one year. It has underperformed other stocks in the Building Materials industry by 0.15 percentage points. Vulcan Materials Co stock is currently +32.17% from its 52-week low of $159.76, and -8.09% from its 52-week high of $229.75.

At the moment, there are 132.87M VMC shares outstanding. The market cap of VMC is $28.06B. In the last 24 hours, 802,153 VMC shares were traded.

How to Buy Vulcan Materials Co Stock

Not sure how to invest in Vulcan Materials Co stock? Here's how.
  1. Decide where to buy Vulcan Materials Co stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Vulcan Materials Co stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your payment method and add your information.
  4. Research Vulcan Materials Co stock: The Vulcan Materials Co ticker symbol is VMC. Is Vulcan Materials Co stock a good investment? Should you buy shares of VMC? How do VMC's underlying business fundamentals look? Do top analysts think Vulcan Materials Co is a good buy? Why has VMC's stock price moved recently? (Hint: Our stock market research website can help you evaluate if VMC is a good stock to buy).
  5. Place your VMC buy order: Decide if you will purchase VMC shares at the current market price or use a limit order to purchase VMC shares at a specific price.
  6. Track your VMC investment: Create a watchlist to track your position in Vulcan Materials Co stock.

Step 1: Decide where to buy Vulcan Materials Co stock

You need a brokerage account in order to access the NYSE market and buy VMC shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our experience, eToro is the best brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to world markets: From Tech to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro offers a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've selected the right brokerage, you need to fill out some personal information so you can invest in VMC today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal info to start a new trading account.
  1. Submit your information by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you have filled out your info on the best stock market app for beginners, you can securely and quickly fund your account:

Watch the tutorial below for more details depositing money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Vulcan Materials Co stock

Once you have selected the best place to buy Vulcan Materials Co stock, it's absolutely critical to analyze their stock before you invest, so you actually comprehend the risk as well as the opportunity.

Vulcan Materials Co stock quick numbers

VMC Price
$211.16
1w %
0.63%
1y %
17.52%
5y %
95.59%
P/E
34x
P/B
3.77x
P/S
3.66x
PEG
1.75x
Revenue
$7.68B
Earnings
$825.20M
Fore. Rev. Growth
5.4%
Fore. Earn. Growth
19.41%
Market Cap
$28.06B
Next Earnings
N/A
Next Dividend
Nov 29, 2023

VMC Overview

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on VMC's stock page.

Is VMC stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge VMC's fair value.

Using relative valuations methods:

  • VMC could be overvalued based on its P/E ratio of 34x, relative to Building Materials industry P/E ratio of 23.26x
  • VMC could be overvalued based on its P/B ratio of 3.77x, relative to Building Materials industry P/B ratio of 2.6x
  • VMC may be overvalued based on its PEG ratio of 1.75x

You can access more valuation research on VMC's stock here.

A look at VMC Cashflows and Balance Sheet

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the VMC balance sheet.
  • VMC earnings of $1.24B is not enough to cover its interest payments.
  • VMC profit margin has gone up from 8.3% to 10.7% in the past year.
  • VMC's operating cash flow of $1.46B allows it to safely service it's debt of $4.39B.

Negative Financial Indicators:

  • VMC has a relatively high debt to equity ratio of 0.96.
  • There are more long-term liabilities than short-term assets on the VMC balance sheet.
  • Total VMC debt is higher than 5 years ago, relative to shareholder equity.

Is VMC stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 10 sell side analysts who research VMC, the consensus analyst rating on VMC is a Strong Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

Most Recent VMC Analyst Upgrades/Downgrades

Trey Grooms, a top 3% analyst from Stephens & Co. maintains VMC with a strong buy rating and raises their VMC price target from $230.00 to $260.00, on Aug 4, 2023.

Stephens & Co.'s Trey Grooms raised their price target on Vulcan Materials Co (NYSE: VMC) by 13% from $230 to $260 on 2023/08/04. The analyst maintained their Strong Buy rating on the stock.

Grooms' update followed an assessment of Vulcan Materials' 2023/08/03 Q2 2023 earnings report and participation in the earnings call.

The analyst highlighted the following Q2 results:

  • Higher-than-anticipated sales.
  • Greater profitability.
  • Higher-than-anticipated volumes of aggregates and asphalt.
  • Substantially higher gross margins.

Grooms predicted that prices and profits will rise in 2024, thanks to 2023's midyear "price actions."

Earnings Report

For Q2 2023, Vulcan Materials reported:

  • EPS of $2.29, which beat the Zacks Consensus Estimate of $1.91 and, by 49.7%, Q2 2022’s $1.53.
  • Revenue of $2.11B, which beat the Zacks Consensus Estimate by 2.47% and, by 8.2%, Q2 2022’s $1.95B.
  • EBITDA of $595M, up 32.3% Y/Y.

For FY 2023, management guided:

  • Net income attributable to Vulcan of $855M to $935M.
  • EBITDA of $1.9B to $2B.
  • Aggregates shipments down 1% to 4% from FY 2022’s 236.3M tons.

Chairman & CEO Tom Hill commented in the earnings call: “Regardless of the demand environment, our focus is to consistently improve unit profitability and grow earnings so that we create value for our shareholders.

“We’re well positioned to do exactly that this year and deliver approximately 20% Y/Y improvement in both our cash gross profit per ton and adjusted EBITDA.”

Mike Dahl, a top 20% analyst from RBC Capital maintains VMC with a buy rating and raises their VMC price target from $212.00 to $236.00, on Aug 4, 2023.

James Hardiman, a top 14% analyst from Citigroup maintains VMC with a strong buy rating and raises their VMC price target from $256.00 to $260.00, on Aug 4, 2023.

Anthony Pettinari, a top 2% analyst from Citigroup maintains VMC with a strong buy rating and raises their VMC price target from $232.00 to $256.00, on Jul 14, 2023.

Philip Ng, a top 27% analyst from Jefferies maintains VMC with a strong buy rating and raises their VMC price target from $225.00 to $265.00, on Jul 13, 2023.

You can dig deeper into what analysts are forecasting on the Vulcan Materials Co stock forecast page.

Metrics for Advanced VMC Traders

SMA10
211.98
SMA20
209.44
SMA50
206.74
SMA100
213.25
SMA200
200.16
MACD
1.57
MACD Signal
1.36
MACD Histogram
0.2
RSI
53.63
Stochastic %K
42.75
Stochastic %D
42.26
StochRSI %K
22.98
StochRSI %D
22.5

VMC Performance Metrics

Last year, VMC earnings were $825.20M. During the last five year, VMC's earnings have gone up by 2.72% per year. This was slower than the Building Materials industry average of 7.15%.

Last year, VMC revenue was $7.68B. Over the last 5 year, VMC's revenue has grown by 12.44% per year. This was faster than the Building Materials industry average of 8.4%.

Dig into VMC's earnings and revenue performance here.

Who is buying/selling VMC?

In the last year, insiders at VMC have sold more shares than they have bought.

Jerry F. Perkins Jr., Senior Vice President of VMC, was the latest VMC insider to sell. They sold $166,023.72 worth of VMC shares on Nov 13, 2023.

Learn more about who owns VMC stock here.

Can I rely on VMC as an income stream?

Vulcan Materials Co pays a dividend of 0.81%, compared to the Building Materials industry's average dividend yield of 3.36%. If you owned $1,000 worth of VMC stock, you would have received $8.15 in the past 12 months.

Vulcan Materials Co dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Vulcan Materials Co dividend yield and history here.

What others are saying about VMC

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your VMC buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.

Click the Open Trade button and your broker will place your order.

If you require additional info about buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Track your VMC investment

Now that you own some shares in VMC, you'll want to stay up-to-date on your new company.

Create a watchlist to get notified of the latest news about your VMC stock.

VMC Feed

How to Buy Stock in Vulcan Materials Co

To summarize, here are the 6 steps for buying Vulcan Materials Co stock:

  1. Decide where to buy Vulcan Materials Co stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Vulcan Materials Co stock
  5. Place your VMC buy order
  6. Track your VMC investment

If you need a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Vulcan Materials Co, add VMC to your watchlist below.

NYSE: VMC
$211.16-1.69 (-0.79%)
Updated Nov 28, 2023
Open eToro Account
NYSE: VMC
$211.16-1.69 (-0.79%)
Updated Nov 28, 2023
Open eToro Account

FAQ

How much does it cost to buy one Vulcan Materials Co share?

As of Nov 28, 2023, it costs $211.16 to buy one share of Vulcan Materials Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.474 shares of VMC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Vulcan Materials Co stock?

According to 10 Wall Street analysts who monitor Vulcan Materials Co, their consensus recommendation is to buy Vulcan Materials Co stock.

What is the best way to buy Vulcan Materials Co stock?

One way to place an order for Vulcan Materials Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.