Vulcan Materials (VMC) Stock Faces Valuation Questions After Resilient Margins
Vulcan Materials (NYSE: VMC) stock dropped 4% despite steady Q2 results, with aggregates cash gross profit per ton remaining above US$12 and adjusted EBITDA at US$654 million. The company's valuation, currently in the low 30s P/E, raises questions about whether consistent pricing and reaffirmed …