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Vulcan Materials Co. (VMC)

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Despite being the largest producer of construction aggregates and a leading producer of other construction materials, Vulcan Materials (VMC) faces intense competition and a challenging environment.

The nearly stalled construction business has yet to show positive signs of recovery, jeopardizing the prospects of the building materials and other related products markets. In the most recent quarter, Vulcan failed to live up to the Zacks Consensus Estimate of $0.19 per share by posting a profit of only $0.08.

In addition, its cash position has also deteriorated. Based on the above conditions, we continue with our Underperform recommendation on the stock and set a target price of $36.00.

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