VI

Valmont Industries

VMI
NYSEIndustrials
$546.81
USD
+18.25(+3.45%)
At close: Jun 12, 20:00 UTC

Open

$546.26

Prev. Close

$545.86

High

$547.02

Low

$545.74

Market Snapshot

Market Cap

$10.68B

P/E Ratio

28.8

EPS

17.30

Revenue

$4.08B

Why VMI moved

Valmont Industries is experiencing increased demand due to a growing infrastructure backlog, impacting its operations and prompting scrutiny over insider selling activities.

About

Valmont Industries, Inc. engages in the manufacture of products and services for infrastructure and agriculture markets. The company is headquartered in Omaha, Nebraska. The company went IPO on 2002-08-30. The firm operates through two segments: Infrastructure and Agriculture. The Infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, lighting, transportation, telecommunications, and solar, along with coatings services to protect metal products. Its Infrastructure segment is comprised of five primary product lines: Utility; Lighting and Transportation (L&T); Coatings; Telecommunications, and Solar. The Agriculture segment consists of the manufacture of center pivot and linear irrigation equipment components for agricultural markets, including aftermarket parts and tubular products, and advanced technology solutions for precision agriculture. The firm manufactures and distributes center pivot and lateral move irrigation equipment, along with service parts under its Valley brand.

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