Vontier (VNT) Set to Announce Earnings on Thursday

Vontier (NYSE:VNT - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.69 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.08). The company had revenue of $696.40 million for the quarter, compared to the consensus estimate of $746.43 million. Vontier had a return on equity of 49.17% and a net margin of 13.43%. Vontier's quarterly revenue was down 8.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.67 EPS. On average, analysts expect Vontier to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Vontier Price Performance

Shares of Vontier stock traded up $0.06 during midday trading on Thursday, hitting $34.29. 472,937 shares of the company were exchanged, compared to its average volume of 784,699. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.69 and a quick ratio of 1.26. The firm has a market cap of $5.27 billion, a P/E ratio of 13.20, a PEG ratio of 1.53 and a beta of 1.27. Vontier has a 52 week low of $28.84 and a 52 week high of $45.62. The firm has a 50 day simple moving average of $33.89 and a 200-day simple moving average of $37.26.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.10 annualized dividend and a yield of 0.29%. Vontier's payout ratio is 3.86%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VNT. Robert W. Baird cut their price objective on Vontier from $44.00 to $42.00 and set a "neutral" rating for the company in a research report on Friday, August 2nd. Barclays cut their price objective on Vontier from $50.00 to $44.00 and set an "overweight" rating for the company in a research report on Monday, August 5th. Evercore ISI cut their price objective on Vontier from $45.00 to $40.00 and set an "outperform" rating for the company in a research report on Monday, August 19th. Finally, Argus downgraded Vontier from a "buy" rating to a "hold" rating in a research report on Tuesday, August 20th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $44.25.

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.