Valvoline (VVV) Expected to Announce Quarterly Earnings on Thursday

Valvoline (NYSE:VVV - Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $398.80 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Valvoline Stock Down 1.8 %

Shares of Valvoline stock traded down $0.67 during midday trading on Friday, hitting $37.07. The company had a trading volume of 1,790,168 shares, compared to its average volume of 1,378,848. The company has a 50 day moving average of $37.23 and a 200 day moving average of $40.28. The stock has a market capitalization of $4.76 billion, a P/E ratio of 22.88 and a beta of 1.45. Valvoline has a 52-week low of $33.86 and a 52-week high of $48.26. The company has a debt-to-equity ratio of 5.77, a quick ratio of 0.61 and a current ratio of 0.72.

Analyst Ratings Changes

Several brokerages have recently weighed in on VVV. Stifel Nicolaus initiated coverage on Valvoline in a report on Friday, December 20th. They set a "hold" rating and a $42.00 price target for the company. Mizuho decreased their target price on shares of Valvoline from $46.00 to $42.00 and set an "outperform" rating for the company in a report on Monday, January 6th. Robert W. Baird cut their price target on shares of Valvoline from $48.00 to $46.00 and set an "outperform" rating on the stock in a report on Wednesday, November 20th. Royal Bank of Canada decreased their price objective on shares of Valvoline from $52.00 to $46.00 and set an "outperform" rating for the company in a report on Wednesday, November 20th. Finally, Stephens began coverage on Valvoline in a research note on Tuesday, October 15th. They set an "overweight" rating and a $49.00 target price on the stock. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.89.

Insider Buying and Selling at Valvoline

In other news, CTO Robert Travis Dobbins sold 1,914 shares of Valvoline stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $40.00, for a total transaction of $76,560.00. Following the transaction, the chief technology officer now owns 14,956 shares in the company, valued at $598,240. This trade represents a 11.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Charles M. Sonsteby acquired 10,000 shares of Valvoline stock in a transaction dated Monday, November 25th. The stock was bought at an average price of $39.50 per share, with a total value of $395,000.00. Following the completion of the purchase, the director now directly owns 26,437 shares in the company, valued at $1,044,261.50. This represents a 60.84 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.66% of the company's stock.

About Valvoline

Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.