Vulcan Materials Investor Day Review
RBC Capital analysts provided their views on Vulcan Materials Company’s (NYSE:VMC) following the company’s Investor Day.
The company rolled out an ambitious set of long-term targets, anchored on an improved margin outlook driven by price, internal initiatives, and volume.
The long-term EBITDA target was raised to $2.7-3.0 billion, which represents a 43% increase at the midpoint from its prior $2 billion target and implies an over 70% increase from the $1.65 billion current 2022 guide midpoint. Recognizing the current macro uncertainty, this guide does not have a specific timeline.
| Symbol | Price | %chg |
|---|---|---|
| IMPC.JK | 660 | 0 |
| INTP.JK | 6125 | 0 |
| SMGR.JK | 2480 | 0 |
| CMNT.JK | 825 | 0 |
Vulcan Materials Investor Day Review
RBC Capital analysts provided their views on Vulcan Materials Company’s (NYSE:VMC) following the company’s Investor Day.
The company rolled out an ambitious set of long-term targets, anchored on an improved margin outlook driven by price, internal initiatives, and volume.
The long-term EBITDA target was raised to $2.7-3.0 billion, which represents a 43% increase at the midpoint from its prior $2 billion target and implies an over 70% increase from the $1.65 billion current 2022 guide midpoint. Recognizing the current macro uncertainty, this guide does not have a specific timeline.
