Vontier Co. (NYSE:VNT) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Vontier Co. (NYSE:VNT) have earned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $44.63.

Several brokerages have recently commented on VNT. Barclays lowered their target price on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Citigroup dropped their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. UBS Group started coverage on Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price on the stock. Finally, Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a research note on Thursday, December 12th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Covestor Ltd lifted its stake in Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in shares of Vontier by 9.7% during the third quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company’s stock worth $154,000 after buying an additional 404 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Vontier by 10.9% in the 3rd quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock valued at $141,000 after acquiring an additional 410 shares during the last quarter. Global X Japan Co. Ltd. boosted its holdings in shares of Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after acquiring an additional 431 shares in the last quarter. Finally, National Bank of Canada FI grew its position in Vontier by 12.5% during the 3rd quarter. National Bank of Canada FI now owns 4,345 shares of the company’s stock worth $147,000 after acquiring an additional 482 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of NYSE VNT opened at $39.06 on Friday. Vontier has a one year low of $31.22 and a one year high of $45.62. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 14.97, a P/E/G ratio of 1.73 and a beta of 1.26. The stock’s fifty day moving average price is $37.80 and its two-hundred day moving average price is $36.24.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. The business had revenue of $750.00 million for the quarter, compared to analyst estimates of $729.23 million. Vontier had a net margin of 13.54% and a return on equity of 45.48%. Vontier’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.73 earnings per share. On average, equities analysts forecast that Vontier will post 2.88 EPS for the current year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 21st were given a dividend of $0.025 per share. The ex-dividend date was Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.26%. Vontier’s dividend payout ratio is currently 3.83%.

About Vontier

Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.