Vontier Co. (NYSE:VNT) Given Average Recommendation of “Moderate Buy” by Analysts

Vontier Co. (NYSE:VNT) has earned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $45.13.

A number of research firms have weighed in on VNT. Barclays decreased their price objective on Vontier from $50.00 to $44.00 and set an “overweight” rating on the stock in a report on Monday. Robert W. Baird lowered their price target on Vontier from $44.00 to $42.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd.

Institutional Trading of Vontier

Several large investors have recently made changes to their positions in the business. Rise Advisors LLC acquired a new position in Vontier during the 1st quarter worth about $27,000. Opal Wealth Advisors LLC acquired a new position in shares of Vontier during the first quarter worth approximately $30,000. Riverview Trust Co bought a new stake in shares of Vontier during the first quarter valued at approximately $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Vontier in the fourth quarter valued at approximately $35,000. Finally, ORG Partners LLC bought a new position in Vontier in the 1st quarter worth approximately $35,000. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of NYSE VNT opened at $33.41 on Friday. The firm has a market capitalization of $5.14 billion, a price-to-earnings ratio of 12.11, a PEG ratio of 1.44 and a beta of 1.29. Vontier has a one year low of $28.84 and a one year high of $45.62. The business has a fifty day simple moving average of $38.35 and a 200 day simple moving average of $39.88. The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 2.14.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.08). Vontier had a net margin of 13.43% and a return on equity of 49.17%. The business had revenue of $696.40 million during the quarter, compared to analyst estimates of $746.43 million. During the same quarter in the prior year, the company posted $0.67 EPS. The company’s quarterly revenue was down 8.9% compared to the same quarter last year. Sell-side analysts expect that Vontier will post 2.88 EPS for the current year.

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.