Valmont Industries, Inc.
Texas (May 16, 2013) Wax Ink has issued a No Investment Interest rating for Valmont Industries, Inc. (NYSE: VMI) based on a recent baseline equity review which placed fair value between $83-$96.
The recent close of $153.56 is approximately 207% above the fair value buy target for the stock and approximately 49% above the fair value close target for the stock. The recent close is also 11% below analysts’ $172.50 median target for the stock.
The recent close represents an 40% increase in price since the last baseline equity review was conducted in July 2011.
The stock currently has a trailing twelve-month PE Ratio of 14, and a PEG Ratio of 1.1 basis estimated forward earnings growth of 13%.
In the past 52 weeks, share prices have moved between a high of $164.93 and a low of $106.52, placing equilibrium at $145.02.
With the recent close, the stock is trading 7% below the 52 week high, 31% above the 52 week low, 6% above equilibrium, and has an average daily trading volume of 215 thousand shares.
Valmont Industries, Inc.manufactures and sells fabricated metal products in the United States, Australia, China, France, and internationally.
All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.
Wax Ink currently has no investment position in the company mentioned in this alert.
Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.