| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 49 | 18.8x | 17.8x | Around median | |
Growth | 47 | 3.8% | 7.1% | Around median | |
Quality | 70 | 21.1% | 4.5% | Top tier | |
Safety | 82 | 0.7x | 2.6x | Top tier | |
Capital Return | 42 | 0.59% | 2.12% | Around median | |
Momentum | 66 | 31.9% | 2.9% | Around median | |
Sentiment | 77 | 5 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Valmont Industries manufactures engineered products serving infrastructure and agriculture, generating revenue through two main segments. The Infrastructure segment includes electric utility solutions, galvanizing coatings, lighting and transportation products, and telecommunications equipment, while the Agriculture segment includes irrigation equipment, replacement parts, and technology services related to farmers’ productivity. In Q2 fiscal 2026, Infrastructure accounted for approximately 78% of quarterly sales at $879 million, compared with approximately 22% for Agriculture at $244 million.
In Q2 fiscal 2026, net sales increased 6.5% year over year to $1.12 billion, and gross profit according to EDGAR data reached approximately $340.8 million, equivalent to a gross margin of about 30.4%. Net income was $119.9 million and diluted earnings per share were $6.14, while adjusted operating income increased to $166.1 million and adjusted operating margin expanded 130 basis points to 14.8%. The Infrastructure segment led performance with sales growth of 14.8% and an operating margin of 17.6%, while Agriculture sales declined 15.8% despite a 90-basis-point improvement in its operating margin to 16.5%.
Fiscal 2025 figures provide a broader comparison base, as Valmont recorded revenue of $4.1 billion, gross profit of $1.2 billion, net income of $350.3 million, and earnings per share of $16.79. In Q2 fiscal 2026, strength in electric utilities and coatings served as a buffer against weakness in telecommunications and agriculture; North American electric utility sales grew 33.9% and coatings grew 16.6%, while telecommunications declined 26.1% and international agriculture declined 28.9%.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus on VMI is neutral, with an average price target of $639 and a target range of $600 to $678. Both the average target and the lowest target are above the 52-week range high of $585.71, while the stock’s 52-week range extends from $360.41 to $585.71; this valuation balances the raised fiscal 2026 outlook and strength in electric utilities on one hand against weakness in agriculture and telecommunications and input-cost inflation on the other.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
The North American electric utility business is the clearest driver, after its sales increased 33.9% in Q2 fiscal 2026 due to pricing and higher volumes. Management links demand to electric grid modernization, rising energy consumption, data centers, and electrification. As a result, the company raised its fiscal 2026 Infrastructure sales outlook to $3.4 billion–$3.5 billion.
Net sales reached $1.12 billion in Q2 fiscal 2026, a year-over-year increase of 6.5%. The company recorded gross profit of $340.8 million and net income of $119.9 million, while diluted earnings per share were $6.14. Adjusted operating income also increased to $166.1 million, and adjusted operating margin expanded 130 basis points to 14.8%.
Agriculture sales declined 15.8% to $244 million in Q2 fiscal 2026, with international sales falling 28.9% due to lower Middle East volumes. Management cited pressure on farmer economics in North America and Brazil, as well as project delays in the Middle East due to regional conflict. Nevertheless, replacement parts sales increased approximately 6% and technology services 7%, while the segment margin improved 90 basis points to 16.5%.
The company expects sales of between $4.3 billion and $4.45 billion in fiscal 2026, equivalent to growth of approximately 6.7% at the midpoint. It expects adjusted diluted earnings per share of between $22.25 and $23.50, or growth of approximately 20% at the midpoint. The company maintained its capital expenditure outlook at $170 million–$200 million, with a significant portion allocated to expanding electric utility capacity.
The operating risks include weakness in agriculture and telecommunications, whose sales declined 15.8% and 26.1%, respectively, in Q2 fiscal 2026. Steel prices have also increased 27%–30% and diesel prices 45% since the beginning of fiscal 2026 according to management, creating timing pressure before costs can be passed through via pricing. Electric utilities also face a production capacity constraint, while the company expects the Agriculture margin to decline to the low teens in the second half of fiscal 2026.
The company generated operating cash flow of $148 million in Q2 fiscal 2026 and ended the period with approximately $139 million in cash and net debt leverage close to one times. It invested $36 million in capital expenditures and repaid the remaining $60 million on its credit facility. It also returned $75 million to shareholders, including $60 million in share repurchases and $15 million in dividends, with approximately $451 million remaining under the repurchase authorization.
