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

Vontier Co. (NYSE:VNT) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $43.88.

A number of research analysts recently weighed in on the stock. Citigroup raised their target price on shares of Vontier from $44.00 to $46.00 and gave the company a “buy” rating in a report on Monday. Barclays lifted their price objective on shares of Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Evercore ISI lowered their price target on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, August 19th.

Vontier Stock Up 0.6 %

Shares of VNT stock opened at $38.89 on Thursday. The company’s fifty day simple moving average is $36.60 and its two-hundred day simple moving average is $36.62. Vontier has a 52 week low of $31.22 and a 52 week high of $45.62. The stock has a market cap of $5.84 billion, a P/E ratio of 14.95, a PEG ratio of 1.81 and a beta of 1.24. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10.

Vontier (NYSE:VNT) last posted its 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 company had revenue of $750.00 million for the quarter, compared to the consensus estimate of $729.23 million. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 earnings per share. Analysts predict that Vontier will post 2.89 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a dividend of $0.025 per share. The ex-dividend date is Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier’s dividend payout ratio is presently 3.83%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. SG Americas Securities LLC boosted its holdings in Vontier by 651.9% during the 2nd quarter. SG Americas Securities LLC now owns 29,895 shares of the company’s stock valued at $1,142,000 after acquiring an additional 25,919 shares during the period. Wedge Capital Management L L P NC boosted its stake in shares of Vontier by 18.5% during the third quarter. Wedge Capital Management L L P NC now owns 374,117 shares of the company’s stock valued at $12,623,000 after purchasing an additional 58,362 shares during the period. Stanley Capital Management LLC bought a new position in shares of Vontier in the second quarter worth about $17,954,000. Cornercap Investment Counsel Inc. bought a new stake in Vontier during the 2nd quarter valued at about $1,060,000. Finally, Mackenzie Financial Corp boosted its position in Vontier by 9.8% in the 2nd quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company’s stock valued at $97,078,000 after buying an additional 227,388 shares during the period. Institutional investors own 95.83% of the company’s stock.

Vontier Company Profile

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.