VMC Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Vulcan Materials Co. (VMC) has shown recent weakness, closing at $220.90 on March 7, 2025, after a 6.07% decline. The stock is currently trading near its 52-week low of $225.36, with an RSI of 29.97, indicating oversold conditions. This could signal a potential rebound as selling pressure may be exhausting.
Fibonacci Levels:
The Fibonacci pivot point is at $238.28, with resistance levels at $251.98 and $260.45. Support levels are at $224.57 and $216.10. The stock is currently trading below the pivot, but a break above $238.28 could indicate a bullish reversal.
Analyst Sentiment:
Stifel has resumed coverage with a Buy rating and a $287 price target, citing strong market conditions for construction materials. This suggests confidence in VMC's long-term growth.
Price Prediction:
Based on the oversold RSI and potential for a technical rebound, VMC is expected to rise to $238.28 in the next trading week. This target aligns with the Fibonacci pivot level, indicating a short-term bullish outlook.
Recommendation:
Buy VMC with a target price of $238.28. The stock's oversold conditions and analyst sentiment support a rebound.
VMC Similar Chart Price Prediction
The price of VMC is predicted to go up -3.8%, based on the high correlation periods with DRIO. The similarity of these two price pattern on the periods is 98.49%.
VMC
DRIO
Down: -3.8%Similarity: 98.49%
VMC Revenue Forecast
VMC EPS Forecast
VMC FAQs
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VMC VS S&P500
Vulcan has a favorable geographic footprint in states that have a strong need for increased road work and the capability to fund it.
Not-in-my-backyard tendencies make the permitting process incredibly difficult for new quarries, forming high barriers to entry and protecting Vulcan's business from incoming entrants.
Vulcan's exposure to publicly funded infrastructure and repair activity has proved to be resilient during an economic downcycle.
VMC Analyst's Forecast
Brian Brophy
Stifel
Strong Buy
2025-03-04
Price Target
$287
Upside
+22.2%
Stifel resumed coverage of Vulcan Materials with a Buy rating and $287 price target. The firm likes the long-term construction materials market structure, which it believes supports mid- to high-single digit annual pricing growth in aggregates and mid-single digits in cement over the cycle. These pricing gains should outpace costs, creating line of sight to margin expansion for the group, the analyst tells investors in a research note. Stifel likes Vulcan's strategic focus on aggregates with the highest portion of mix amongst public peers.
Anthony Pettinari
Citigroup
Strong Buy
2025-01-06
Price Target
$325 → $301
Upside
+16.95%
Trey Grooms
Stephens & Co.
Buy
2025-01-02
Price Target
$325
Upside
+27.17%
