Added to YB: 2024-08-08
Pitch date: 2024-07-08
VMI [bullish]
Valmont Industries, Inc.
+84.6%
current return
Author Info
No bio for this author
Company Info
Valmont Industries, Inc. operates as a manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally.
Market Cap
$9.3B
Pitch Price
$260.93
Price Target
N/A
Dividend
0.64%
EV/EBITDA
14.16
P/E
18.86
EV/Sales
2.39
Sector
Construction and Engineering
Category
turnaround
Royce Investment Four Long-term Small-Cap Portfolio Holding: Valmont Industries, Inc.
VMI: Infrastructure & ag equipment maker. Strong demand in utility grid, solar, lighting & transport infra. Irrigation & 5G demand down on lower US farm income. Transformation to streamlined, high-return co. under new leadership. Near-term irrigation pressure seen as temporary. Rebounding in 2023.
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