Latest news with #VMI
Yahoo
23-05-2025
- Business
- Yahoo
Why Is Valmont (VMI) Up 9.3% Since Last Earnings Report?
A month has gone by since the last earnings report for Valmont Industries (VMI). Shares have added about 9.3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Valmont due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. It turns out, estimates revision have trended downward during the past month. Currently, Valmont has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Valmont has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Valmont Industries, Inc. (VMI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
19-05-2025
- Politics
- Yahoo
‘I'm leaving here with my head held high': community celebration held for outgoing VMI superintendent
LEXINGTON, Va. (WFXR) — First Baptist Church in Lexington hosted a community celebration for outgoing VMI superintendent Major General Cedric T. Wins on Sunday afternoon. Wins was the school's first African American superintendent and its 15th overall, holding the position since 2021. A 1985 graduate of the Institute, the community gathered to reflect on Wins' accomplishments across those four years at the helm of his alma mater. 'I'm just a little humbled by it and overwhelmed at the same time,' said Wins. 'I guess it shows that people really do feel like we had an opportunity to make a difference.' 'The community wanted to come together and tell him and show him how much they appreciated him,' said First Baptist Church pastor Rev. McKinley Williams. 'Regardless of a board vote, it wasn't reflective of the community.' Wins will step away from his post on June 30, after the school's Board of Visitors voted 10-6 against renewing his contract in February. Following the decision, then board president John Adams released the following statement: 'The BOV is supremely grateful to Major General Wins for his service to the Institute during some very difficult times. The foundation he has provided us will ensure VMI continues to fulfill its vital mission of educating future leaders. We would also like to extend our thanks to Mrs. Cassandra Wins for her support of VMI.' WFXR reached out to incoming board president Col. James Inman for comment following Sunday's event but have not yet received a response. The decision to part ways came as a surprise to Wins, who felt he had put VMI on the right track during his tenure. 'Obviously yes, there was some disappointment,' he said. 'But I tend to look at things on the bright side. I'm a half full kind of guy. And I know that when one door closes, another one will open.' Wins was known for his diversity, equity, and inclusion efforts at the school, particularly after a state report said VMI failed to address institutional racism and sexism. His efforts faced pushback from some conservative alumni. 'I'm leaving here with my head certainly held high, feeling as though I was able to accomplish some things in a short period of time,' Wins said. The Board of Visitors passed a resolution in May granting Wins the status of superintendent emeritus, applauding his work in leading the Institute through the COVID-19 pandemic, reversing declining enrollment trends, and increasing school funding. VMI's Board of Visitors says it is continuing the search for its next superintendent. Brigadier General Dallas Clark will replace Wins on July 1 in an interim capacity. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-05-2025
- Business
- Yahoo
2 Reasons to Watch VMI and 1 to Stay Cautious
Valmont has followed the market's trajectory closely. The stock is down 5.2% to $322.34 per share over the past six months while the S&P 500 has lost 1%. This was partly driven by its softer quarterly results and might have investors contemplating their next move. Following the drawdown, is this a buying opportunity for VMI? Find out in our full research report, it's free. Credited with an invention in the 1950s that improved crop yields, Valmont (NYSE:VMI) provides engineered products and infrastructure services for the agricultural industry. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. Valmont's EPS grew at an astounding 19.4% compounded annual growth rate over the last five years, higher than its 8.1% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, Valmont's margin expanded by 7.9 percentage points over the last five years. The company's improvement shows it's heading in the right direction, and we can see it became a less capital-intensive business because its free cash flow profitability rose more than its operating profitability. Valmont's free cash flow margin for the trailing 12 months was 13.8%. In addition to reported revenue, organic revenue is a useful data point for analyzing Building Materials companies. This metric gives visibility into Valmont's core business because it excludes one-time events such as mergers, acquisitions, and divestitures along with foreign currency fluctuations - non-fundamental factors that can manipulate the income statement. Over the last two years, Valmont's organic revenue averaged 3.5% year-on-year declines. This performance was underwhelming and implies it may need to improve its products, pricing, or go-to-market strategy. It also suggests Valmont might have to lean into acquisitions to grow, which isn't ideal because M&A can be expensive and risky (integrations often disrupt focus). Valmont's merits more than compensate for its flaws. After the recent drawdown, the stock trades at 17.3× forward P/E (or $322.34 per share). Is now a good time to initiate a position? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Yahoo
08-05-2025
- Entertainment
- Yahoo
SXSW Title ‘Odyssey' Heading To Cannes Market Kaleidoscope
EXCLUSIVE: Kaleidoscope Film Distribution has picked up world sales rights (excluding UK & Ireland and airlines) fonr Gerard Johnson's (Tony) Odyssey, which debuted at this year's SXSW Film Festival. Kaleidoscope will introduce the flick to buyers in Cannes. More from Deadline Alec Baldwin & Nick Cannon Flick 'Hollywood Heist' Heading To Cannes Market With VMI Michelle Rodriguez & Richard Gere Lead Survival Thriller 'Left Seat' For 'Highest 2 Lowest' Producer Jason Michael Berman & Mandalay; Anton & WME Launch For Cannes Market Paul Walter Hauser, Lili Reinhart, Tim Roth, Jake Lacy, Jai Courtney & Kerry Bishé Set For Comedic Thriller 'The Very Best People' Written by Johnson and Austin Collings, Odyssey follows an ambitious real estate agent called Natasha Flynn who lives every day on the verge of total success–or ruin. Her luxurious lifestyle of flashy clothes and hard partying is an unaffordable mask for the lonely void she's tried to fill with the hustle for success. Then, when a shady lender forces her complicity in a criminal scheme to settle a debt, Natasha seeks out a dangerous old friend for help. As pressure from colleagues and collectors escalates, so begins a wild ride through the city's criminal underworld. The film stars Polly Maberly (Muscle) alongside Mikael Persbrandt (Sex Education, The Kingdom, In A Better World), Guy Burnet (Oppenheimer, Ray Donovan), Charley Palmer Rothwell (Legend, Industry), Jasmine Blackborow (The Gentlemen, Marie Antoinette), Tom Davis (Murder in Successville, Free Fire) and Purab Kohli (Matrix Resurrections). 'We're very excited to be working with Gerard Johnson and the rest of the team on his latest film, as we are big fans of his previous work and the film is going to be a visceral delight for our partners and buyers globally after its SXSW premiere,' Kaleidoscope CEO Spencer Pollard said in a statement. Johnson added: 'Odyssey is true to the warped world we find ourselves in. It's a mirror to the madness—cutthroat ambition, corporate greed, and a culture that's losing its soul.' Best of Deadline Book-To-Movie Adaptations Coming Out In 2025 TV Show Book Adaptations Arriving In 2025 So Far Everything We Know About 'Emily In Paris' Season 5 So Far
Yahoo
06-05-2025
- Politics
- Yahoo
After ousting first Black superintendent, VMI appoints interim as search continues for new leader
An aerial view of Virginia Military Institute. (Courtesy of Virginia Military Institute) The Virginia Military Institute Board of Visitors named Brigadier General Dallas Clark acting superintendent Saturday afternoon, but didn't set a firm date for when a new superintendent will be selected. It's the first significant decision the school has made concerning its leadership since the board drew scrutiny for opting not to extend the contract of the institution's first Black superintendent in February. Clark, a graduate of VMI, has been working with the institution intermittently as the institute planning officer and deputy superintendent for finance and support at VMI, overseeing several offices, including finance and budget, auxiliary services, and facilities management. Clark's appointment comes after the board launched a search for a new superintendent following its vote against offering an extension past June to Ret. Major General Cedric Wins, the first Black superintendent. The institution desegregated in 1968. The board cast the controversial 6-10 vote without any reasoning, saying only it was 'supremely grateful' for Wins' service after being appointed superintendent in 2020, when the institution was facing public allegations of racism. The Washington Post first reported the accusations, and a state-commissioned investigation later confirmed deep-rooted racial and gender disparities at the school. A resolution read by the board stated that Wins assumed the duties of superintendent 'amid a tumultuous time.' Still, VMI successfully navigated 'a worldwide pandemic, social unrest, and a decade-long decline in admissions applications under his leadership,' the resolution stated. Highlights of Wins' tenure included the school receiving the second-largest number of applications in the institution's history and increasing state funding and major funding for capital projects. Tensions between the superintendent and some of those connected with the institution escalated in 2022 when Wins requested funding to expand Title IX and bolster diversity, equity, and inclusion efforts. His effort ignited backlash from a faction of alumni, parents and students tied to the Spirit of VMI PAC, a political action committee that urged supporters to 'reject the woke assault on VMI.' Wins did not comment immediately after the Feb. 28 vote but later defended his leadership, opining that his tenure ended because of 'bias, emotion and ideology' rather than sound judgment. A class of 1986 graduate, Vince Allen, commended the board on Saturday for rolling back the diversity, equity and inclusion efforts. 'The BOV has displayed great courage in facing political pressure in trying to undo the damage done to VMI,' Allen said. 'I encourage continued effort to restore the honor, the ideals and traditions of VMI.' Other speakers, including class of 1975 graduate Ronald Norman, expressed disappointment with the board's decision against Wins, who 'did nothing, but great things for this institute,' Norman said. 'Like some, maybe you blame him for things that occurred even before he got here, if so, odds were stacked against him from day one, no matter how great his performance,' Norman said. 'Did this board make fair and impartial decisions for the good of VMI, or were they personal and hidden agendas?' Cadet Isaiah Glover said Wins inspired him to attend VMI after watching his 2021 Business Insider interview, and experiencing the 'inclusive culture' through sports and the various programs. He hoped VMI would be 'just as inclusive' for future cadets. Thomas Gottwald, interim board president, did not respond to comments about Wins, but commented on Glover's remarks about inclusion. 'I'll tell you, sir, that there's not a person on this board that doesn't share your desire to have an inclusive culture here at VMI for everyone,' Gottwald said. 'The proof's in the pudding. So, I'm telling you you can judge it by our actions.' As of April 22, the superintendent search committee learned around 35 people have expressed interest in becoming the next superintendent. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
