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VMC Stock Analysis — Vulcan Materials Company

Sector: Industrials

AI Verdict

Vulcan trades at 30.5x next year’s earnings while EPS is expected to grow 12.6%—you’re paying a premium the numbers don’t yet support, but the local quarry moat makes that growth more credible than most.

Competitive Moat

Vulcan Materials dominates the U.S. aggregates market, supplying essential crushed stone, sand, and gravel for infrastructure and construction projects. Its moat comes from hard-to-replicate quarry assets near major metro areas, making local competitors unlikely and transport costs a barrier to entry.

Summary

Vulcan’s pricing power in aggregates is its key lever as infrastructure spending ramps up.

Where It Stands

Vulcan returned 7.64% over the past year, trades at 30.5x forward earnings versus the industrials median of 20x, and its RSI of 47.3 signals a neutral, cooling-off phase.

Key Metrics

Analyst Consensus

19 Buy · 8 Hold · 1 Sell (28 analysts)

Bull Case

Analysts expect 12.6% EPS growth next year, and the 30.5x forward P/E reflects the market’s willingness to pay up for steady infrastructure-linked demand.

Bear Case

With a trailing PEG of 2.55 and a forward P/E 50% above the sector median, any disappointment in earnings could trigger a sharp de-rating.

Catalyst to Watch

Watch for federal infrastructure bill project awards or state-level spending updates, as these directly impact aggregate demand and earnings visibility.

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