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Investing.com - Stifel has lowered its price target on Vulcan Materials Company (NYSE:VMC) to $306.00 from $309.00 while maintaining a Buy rating on the stock. According to InvestingPro data, the company, currently valued at $37.5 billion, is trading near its 52-week high of $298.31, with analyst targets ranging from $190 to $340.
The adjustment follows Vulcan’s quarterly results, which missed expectations due to lower-than-expected aggregates volume. Weather conditions impacted volume by 2-3 million tons, while reported pricing increased 5% year-over-year, though mix-adjusted pricing was up 8%. Despite these challenges, InvestingPro analysis shows the company maintains a "GREAT" financial health score of 3.01, supported by strong profitability metrics.
Despite these challenges, Vulcan’s margins exceeded expectations, driven by favorable price-cost dynamics, lower diesel expenses, and benefits from the company’s Vulcan Way of Operating initiative. Aggregates cash gross profit per ton increased 9% year-over-year, with unit cash costs held to a 2% increase.
Vulcan Materials maintained its 2025 guidance and expressed confidence in public infrastructure demand building into the second half of the year. The company also noted emerging positive signs in private non-residential construction, particularly in data centers.
July saw a double-digit volume increase as weather conditions improved, according to the company’s report to Stifel analysts.
In other recent news, Vulcan Materials Company reported its second-quarter 2025 earnings, showing a slight miss in both earnings per share (EPS) and revenue compared to analyst forecasts. The company announced an EPS of $2.45, which did not meet the expected $2.60. Additionally, Vulcan Materials reported actual revenue of $2.1 billion, falling short of the anticipated $2.21 billion. These earnings results are significant developments for investors as they assess the company’s financial performance. Furthermore, analysts’ forecasts play a crucial role in shaping investor expectations, and the company’s performance relative to these projections can influence market sentiment. Investors often look to such earnings reports to gauge the company’s financial health and future prospects. These recent developments highlight the importance of closely monitoring Vulcan Materials’ financial results and market reactions.
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