Vulcan Materials (VMC) Q2 Earnings Preview
Posted: Friday, July 30, 2010 3:39 PM EDT
By: Market Intelligence Center Staff
Vulcan Materials (NYSE: VMC) opened at $44.52. So far today, the stock has hit a low of $44.16 and a high of $45.55. VMC is now trading at $45.38, up $0.36 (0.8%). The stock hit its 52-Week high of $62.00 in September and set its 52-Week low of $41.80 in February. VMC will report Q2 earnings on Monday, with analysts expecting to see $0.24 per share, versus $0.14 during the same period last year. Technical indicators for the stock are neutral and S&P gives VMC a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on VMC the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 40 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Vulcan Materials (VMC) Stock ReportSee what our analysts have uncovered about Vulcan Materials (VMC).