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Investing.com - Stifel has reiterated its Buy rating on Valmont Industries (NYSE:VMI) stock with a $400 price target following the company’s quarterly earnings beat. According to InvestingPro data, the stock appears fairly valued and has delivered an impressive 15.79% return year-to-date.
The industrial company reported strong performance across multiple segments, with notable strength in Utility, Telecom (BCBA:TECO2m), and International Agriculture divisions contributing to the positive results.
Following the earnings beat, Valmont raised its EPS guidance by $0.50 at the midpoint and outlined long-term targets that include reaching $25-$30 EPS within 3-4 years.
The company has completed the realignment of its Solar and Access Systems businesses and eliminated management layers in its organizational structure, changes expected to generate $22 million in annualized savings by 2026, with $8 million in savings anticipated in the second half of 2025.
Stifel noted these organizational changes should position Valmont to execute more effectively over the long term while delivering on its financial targets.
In other recent news, Valmont Industries reported its second-quarter 2025 earnings, surpassing market expectations. The company achieved an adjusted earnings per share of $4.88, exceeding the forecasted $4.71. Additionally, Valmont’s revenue outperformed predictions, totaling $1.05 billion compared to the anticipated $1.03 billion. In a related development, DA Davidson raised its price target for Valmont Industries from $325 to $400, while maintaining a Neutral rating on the stock. This adjustment reflects the firm’s increased estimates based on Valmont’s three-to-four-year potential, as outlined in its earnings report. These recent developments highlight significant financial achievements and analyst perspectives surrounding Valmont Industries.
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