Vontier Co. (NYSE:VNT) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of Vontier Co. (NYSE:VNT - Get Free Report) have been given an average rating of "Moderate Buy" by the seven brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $44.67.

Several equities analysts have recently issued reports on the company. UBS Group assumed coverage on Vontier in a research note on Tuesday, December 10th. They set a "buy" rating and a $47.00 target price on the stock. Barclays lifted their price target on Vontier from $45.00 to $46.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Citigroup dropped their price target on Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target on the stock in a research report on Thursday, December 12th. Finally, Robert W. Baird lifted their price target on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday, February 18th.

Vontier Price Performance

Shares of NYSE VNT traded down $0.13 during trading hours on Friday, reaching $33.31. 688,836 shares of the stock traded hands, compared to its average volume of 809,852. The company has a market capitalization of $4.95 billion, a P/E ratio of 12.11, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. Vontier has a 52-week low of $31.22 and a 52-week high of $45.62. The company's 50-day simple moving average is $37.01 and its two-hundred day simple moving average is $36.39.

Remove Ads

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. The business had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. Equities research analysts forecast that Vontier will post 3.13 EPS for the current year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.30%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier's dividend payout ratio is currently 3.64%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Fuller & Thaler Asset Management Inc. raised its stake in shares of Vontier by 5.5% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company's stock worth $121,208,000 after purchasing an additional 173,542 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Vontier by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company's stock worth $97,260,000 after purchasing an additional 75,775 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Vontier by 0.7% in the third quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company's stock worth $86,776,000 after purchasing an additional 18,091 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of Vontier by 0.8% in the fourth quarter. Mackenzie Financial Corp now owns 2,540,329 shares of the company's stock worth $92,646,000 after purchasing an additional 20,649 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Vontier by 4.0% in the fourth quarter. Ameriprise Financial Inc. now owns 2,515,579 shares of the company's stock worth $91,740,000 after purchasing an additional 96,554 shares during the last quarter. Hedge funds and other 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.