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Research Alert: CFRA Maintains Sell Opinion On Shares Of Vulcan Materials Company
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Research Alert: CFRA Maintains Sell Opinion On Shares Of Vulcan Materials Company
May 1, 2026 11:43 AM

02:20 PM EDT, 05/01/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target by $12 to $266 on an EV/EBITDA of 16.0x our 2026 EBITDA estimate, a discount to its five-year forward average of 16.4x. We lower our 2026 EPS by $0.12 to $9.13 and our 2027 EPS by $0.07 to $10.72. Diesel costs are expected to be a headwind, with an estimated $25M direct impact in Q2. Elevated fuel costs over a sustained period could lead to construction budget constraints and prohibitive financing costs in a higher-for-longer interest rate environment. Labor challenges remain a concern in terms of both availability and cost. While Vulcan markets are seeing much more favorable public construction trends than national averages, the September 2026 IIJA expiration carries spillover risk even to the most favorable markets. If reauthorization faces delays or results in a continuing resolution, states may slow new project lettings despite having access to remaining funds. We think valuation is far too stretched and does not fully reflect macro risks despite strong company fundamentals.

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