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How to buy Valmont Industries stock in Canada | $248.4

Own Valmont Industries shares in just a few minutes.

Valmont Industries, Inc
NYSE: VMI - USD
METAL FABRICATION
$228.86
-$0.91 (-0.40%)
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Jing Jun Ma
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Valmont Industries is a metal fabrication business based in the US. Valmont Industries stocks (VMI.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $226.8 – an increase of 1.91% over the previous week. Valmont Industries employs 10,844 staff and has a trailing 12-month revenue of around $3 billion.

How to buy Valmont Industries stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: VMI in this case.
  5. Research Valmont Industries stocks. The platform should provide the latest information available.
  6. Buy your Valmont Industries stocks. It's that simple.

What's in this guide?

  1. Can I buy shares in Valmont Industries?
  2. Has coronavirus impacted Valmont Industries shares?
  3. Valmont Industries shares summary
  4. Compare share dealing platforms
  5. Is Valmont Industries stock a buy or sell?
  6. Valmont Industries performance over time
  7. Can I short Valmont Industries shares?
  8. Are Valmont Industries shares over-valued?
  9. Valmont Industries's financials
  10. How volatile are Valmont Industries shares?
  11. Does Valmont Industries pay a dividend?
  12. Have Valmont Industries shares ever split?
  13. Other common questions

How has Coronavirus impacted Valmont Industries's stock price?

Since the stock market crash in March caused by coronavirus, Valmont Industries's stock price has had significant positive movement.

Its last market close was $248.4, which is 45.99% up on its pre-crash value of $134.15 and 200.73% up on the lowest point reached during the March crash when the stocks fell as low as $82.6.

If you had bought $1,000 worth of Valmont Industries stocks at the start of February 2020, those stocks would have been worth $630.48 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,708.99.

Valmont Industries stock price

Use our graph to track the performance of VMI stocks over time.

Valmont Industries stocks at a glance

Information last updated 2021-07-22.
Latest market close$248.4
52-week range$116.5469 - $264.5094
50-day moving average $232.9374
200-day moving average $231.8093
Wall St. target price$249
PE ratio 32.0618
Dividend yield $1.85 (0.81%)
Earnings per share (TTM) $7.149

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is it a good time to buy Valmont Industries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Valmont Industries price performance over time

Historical closes compared with the last close of $248.4

1 month (2021-06-28) 7.32%
3 months (2021-04-28) 0.78%

Is Valmont Industries under- or over-valued?

Valuing Valmont Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Valmont Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Valmont Industries's P/E ratio

Valmont Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Valmont Industries stocks trade at around 32x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that they're over-valued.

Valmont Industries's PEG ratio

Valmont Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.31. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Valmont Industries's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Valmont Industries's EBITDA

Valmont Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$366.9 million.

The EBITDA is a measure of a Valmont Industries's overall financial performance and is widely used to measure a its profitability.

Valmont Industries financials

Revenue TTM USD$3 billion
Operating margin TTM 9.46%
Gross profit TTM USD$772.3 million
Return on assets TTM 6.14%
Return on equity TTM 13.09%
Profit margin 5.1%
Book value $57.64
Market capitalisation USD$4.9 billion

TTM: trailing 12 months

How to short and sell Valmont Industries stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "VMI.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 220,646 Valmont Industries stocks held short by investors – that's known as Valmont Industries's "short interest". This figure is 13.4% down from 254,843 last month.

There are a few different ways that this level of interest in shorting Valmont Industries stocks can be evaluated.

Valmont Industries's "short interest ratio" (SIR)

Valmont Industries's "short interest ratio" (SIR) is the quantity of Valmont Industries stocks currently shorted divided by the average quantity of Valmont Industries stocks traded daily (recently around 132123.35329341). Valmont Industries's SIR currently stands at 1.67. In other words for every 100,000 Valmont Industries stocks traded daily on the market, roughly 1670 stocks are currently held short.

However Valmont Industries's short interest can also be evaluated against the total number of Valmont Industries stocks, or, against the total number of tradable Valmont Industries stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Valmont Industries's short interest could be expressed as 0.01% of the outstanding stocks (for every 100,000 Valmont Industries stocks in existence, roughly 10 stocks are currently held short) or 0.0106% of the tradable stocks (for every 100,000 tradable Valmont Industries stocks, roughly 11 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Valmont Industries.

Find out more about how you can short Valmont Industries stock.

Valmont Industries stock dividends

22%

Dividend payout ratio: 21.69% of net profits

Recently Valmont Industries has paid out, on average, around 21.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.87% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Valmont Industries shareholders could enjoy a 0.87% return on their shares, in the form of dividend payments. In Valmont Industries's case, that would currently equate to about $1.85 per share.

While Valmont Industries's payout ratio might seem low, this can signify that Valmont Industries is investing more in its future growth.

Valmont Industries's most recent dividend payout was on 14 July 2021. The latest dividend was paid out to all shareholders who bought their stocks by 23 June 2021 (the "ex-dividend date").

Have Valmont Industries stocks ever split?

Valmont Industries stocks were split on a 2:1 basis on 1 June 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Valmont Industries stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Valmont Industries stocks which in turn could have impacted Valmont Industries's stock price.

Valmont Industries stock price volatility

Over the last 12 months, Valmont Industries's stocks have ranged in value from as little as $116.5469 up to $264.5094. A popular way to gauge a stock's volatility is its "beta".

VMI.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Valmont Industries's is 1.191. This would suggest that Valmont Industries's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Valmont Industries overview

Valmont Industries, Inc. produces and sells fabricated metal products in the United States, Australia, Denmark, and internationally. The company operates through four segments: Engineered Support Structures, Utility Support Structures, Coatings, and Irrigation. The Engineered Support Structures segment manufactures and distributes engineered metal, steel, wood, aluminum, and composite poles, towers, and components for lighting, traffic, and wireless communication markets; engineered access systems; integrated structure solutions for smart cities; and highway safety products. The Utility Support Structures segment manufactures engineered steel and concrete pole structures for utility transmission, distribution, substations, and renewable energy generation equipment; and inspection services. The Coatings segment provides hot-dipped galvanizing, anodizing, powder coating, and e-coating services to preserve and protect metal products. The Irrigation segment manufactures and distributes mechanical irrigation equipment, and related parts and services under the Valley brand name for the agricultural industry; and tubular products for industrial customers. This segment also provides water management solutions and technology for precision agriculture. The company serves municipalities and government entities, commercial lighting fixtures manufacturing companies, contractors, telecommunications and utility companies, and large farms, as well as the general manufacturing sector. Valmont Industries, Inc. was founded in 1946 and is headquartered in Omaha, Nebraska.

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Valmont Industries in the news

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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