VMI Valmont Industries Dashboard

Valmont Industries Inc. is a global leader, designing and manufacturing engineered products and services that support global infrastructure development and agricultural productivity. Its products for infrastructure serve highway, transportation, wireless communication, electric transmission, and industrial construction and energy markets. Its irrigation equipment and services for large-scale agriculture improve farm productivity while conserving fresh water resources. In addition, Valmont provides coatings services that protect against corrosion and improve the service life of steel and other metal products.

Company profile

Ticker

VMI

Exchange

NYSE

Website

www.valmont.com

CEO

Stephen Kaniewski

Incorporated

Delaware

Location

Nebraska

Fiscal year end

Dec 25

Sector

Manufacturing > Fabricated Structural Metal Manufacturing

Industry (SIC)

Fabricated Structural Metal Products

Arcosa • HC2 • Gulf Island Fabrication • Proto Labs • Telidyne • Techprecision • Metwood • Innovest Global ...

SEC CIK

0000102729

Corporate docs

Articles of Incorporation & Bylaws

IRS number

470351813

VMI stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Boenning & Scattergood Upgrades Valmont Industries to Outperform, Announces $350 Price Target

22 Jul 21

Boenning & Scattergood analyst Ryan Connors upgrades Valmont Industries (NYSE:VMI) from Neutral to Outperform and announces $350 price target.

Valmont Industries: Q2 Earnings Insights

21 Jul 21

Shares of Valmont Industries (NYSE:VMI) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 53.00% year over year to $3.06, which beat the estimate of $2.50.

Valmont Industries Q2 Adj. EPS $3.06 Beats $2.50 Estimate, Sales $894.60M Beat $814.85M Estimate

21 Jul 21

Valmont Industries (NYSE:VMI) reported quarterly earnings of $3.06 per share which beat the analyst consensus estimate of $2.50 by 22.4 percent. This is a 53 percent increase over earnings of $2.00 per share from the

Valmont Industries's Earnings Outlook

20 Jul 21

A Look Into Valmont Industries Debt

19 Jul 21

Press releases

Pro users get this 30m faster

Valmont Board Declares Quarterly Dividend

27 Jul 21

Valmont Industries, Inc. (NYSE:VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that its Board of

Valmont Reports Second Quarter 2021 Results and Increases 2021 Full-Year Guidance

21 Jul 21

Valmont Industries, Inc. Announces Second Quarter 2021 Earnings Call

7 Jul 21

Valmont Industries, Inc. (NYSE:VMI), a leading global provider of engineered products and services for infrastructure and irrigation equipment for agriculture, will host its second quarter 2021 earnings conference call

Valmont Board Declares Quarterly Dividend

7 Jun 21

Prospera Technologies Named a Cool Vendor in the 2021 Gartner 'Cool Vendors in AI for Computer Vision'

7 Jun 21

Calendar

29 Jul 21

3 Aug 21

25 Dec 21

Financial summary

Financial statements Chart VMI financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	199.29M	199.29M	199.29M	199.29M	199.29M	199.29M
Cash burn (monthly)	64.06M	12.84M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	82.97M	16.63M	n/a	n/a	n/a	n/a
Cash remaining	116.32M	182.66M	n/a	n/a	n/a	n/a
Runway (months of cash)	1.8	14.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

VMI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
29 Jun 21	Diane M Larkin	Common Stock	Payment of exercise	Dispose F	No	No	230.39	66	15.21K	1,331
1 Jun 21	Aaron M Schapper	Common Stock	Sell	Dispose S	No	No	251	1,004	252K	7,480
28 May 21	Laterreur Claudio	Common Stock	Payment of exercise	Dispose F	No	No	248	8	1.98K	1,520
27 Apr 21	Joan Robinson-Berry	Common Stock	Grant	Aquire A	No	No	0	549	0	549
27 Apr 21	Ritu Favre	Common Stock	Grant	Aquire A	No	No	0	549	0	549

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

VMI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

86.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	294	283	+3.9%
Opened positions	48	56	-14.3%
Closed positions	37	19	+94.7%
Increased positions	77	65	+18.5%
Reduced positions	126	106	+18.9%

13F shares	Current	Prev Q	Change
Total value	4.38B	3.23B	+35.6%
Total shares	18.46M	18.47M	-0.1%
Total puts	33.1K	19.2K	+72.4%
Total calls	73.8K	46.3K	+59.4%
Total put/call ratio	0.4	0.4	+8.2%

Largest owners	Shares	Value	Change
Vanguard	1.92M	$456.82M	+2.8%
BLK Blackrock	1.8M	$426.93M	+3.8%
ATAC Neuberger Berman	1.05M	$249.88M	+16.5%
IVZ Invesco	792.85K	$188.44M	+73.2%
IPXAF Impax Asset Management	756.44K	$179.78M	-20.3%
Dimensional Fund Advisors	573.65K	$136.34M	-0.7%
Artisan Partners Limited Partnership	569.88K	$135.44M	NEW
STT State Street	555.27K	$132.25M	+2.3%
Schroder Investment Management	521.65K	$123.98M	-4.7%
BK Bank Of New York Mellon	507.33K	$120.58M	-11.4%

Largest transactions	Shares	Bought/sold	Change
Artisan Partners Limited Partnership	569.88K	+569.88K	NEW
IVZ Invesco	792.85K	+335.1K	+73.2%
Wellington Management	135.66K	-308.57K	-69.5%
Norges Bank	0	-304.95K	EXIT
Cramer Rosenthal MCGLYNN	507.27K	-285.48K	-36.0%
WDR Waddell & Reed Financial	324.48K	+256.78K	+379.2%
Lord, Abbett & Co.	238.83K	+238.83K	NEW
Amundi Pioneer Asset Management	267.61K	-203.11K	-43.1%
IPXAF Impax Asset Management	756.44K	-192.35K	-20.3%
Brown Advisory	169.91K	+169.91K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Amerityre • Telidyne

Risks

The ultimate consumers of our products operate in cyclical industries that have been subject to significant downturns which have adversely impacted our sales in the past and may again in the future.
Changes in prices and reduced availability of key commodities such as steel, aluminum, zinc, natural gas and fuel may increase our operating costs and likely reduce our net sales and profitability.
Demand for our infrastructure products and coating services is highly dependent upon the overall level of infrastructure spending.
We are subject to currency fluctuations from our international sales, which can negatively impact our reported earnings.
Failure to comply with any applicable anti-corruption legislation could result in fines, criminal penalties and an adverse effect on our business.
We could incur substantial costs as the result of violations of, or liabilities under, environmental laws.
We assumed an underfunded pension liability as part of the 2010 Delta acquisition and the combined company may be required to increase funding of the plan and/or be subject to restrictions on the use of excess cash.
We face strong competition in our markets.
We may not realize the improved operating results that we anticipate from acquisitions we may make in the future, and we may experience difficulties in integrating the acquired businesses or may inherit significant liabilities related to such businesses.
Regulatory and business developments regarding climate change could adversely impact our operations and demand for our products.

Management Discussion

The increase in net sales in 2020, as compared with 2019, was due to higher sales in the Utility and Irrigation segments that were offset by lower sales in the ESS and Coatings segments. The changes in net sales in 2020, as compared with 2019, were as follows:
Volume effects are estimated based on a physical production or sales measure. Since products we sell are not uniform in nature, pricing and mix relate to a combination of changes in sales prices and the attributes of the product sold. Accordingly, pricing and mix changes do not necessarily result in operating income changes.
Increased project sales for offshore and other complex steel structures, solar tracking solutions, and international Irrigation is the primary contributor to the increase in sales volume for fiscal 2020, as compared to 2019. Average steel prices for both hot rolled coil and plate were lower in North America and China in fiscal 2020, as compared to 2019, contributing to lower average selling prices for the Utility segment.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: agronomy, arbitration, artificial, Aviv, commenced, COVID, depreciation, diligence, drone, inflow, innovation, intelligence, Israel, learning, lease, linear, local, machine, mandated, Northern, outlook, pivot, PivoTrac, property, Prospera, recoverability, slight, strategy, Tel, term, vision, wind, worth

Removed: Argentina, Australia, China, construction, declined, final, France, impacted, India, Malaysia, reduced, unfavorable, weaker, Zealand

From filing 10-Q 2021 Q2