Vontier Co. (NYSE:VNT) Receives Average Recommendation of "Moderate Buy" from Analysts

Vontier Co. (NYSE:VNT - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine ratings firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $44.44.

Several research analysts have recently commented on VNT shares. Barclays boosted their price target on Vontier from $44.00 to $46.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Citigroup upped their target price on Vontier from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target for the company in a research report on Thursday, December 12th. Finally, UBS Group started coverage on Vontier in a research report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price objective on the stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Covestor Ltd boosted its position in Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company's stock worth $49,000 after acquiring an additional 395 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in Vontier by 9.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company's stock worth $154,000 after purchasing an additional 404 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Vontier by 10.9% during the 3rd quarter. Blue Trust Inc. now owns 4,171 shares of the company's stock worth $141,000 after purchasing an additional 410 shares during the last quarter. Ritholtz Wealth Management grew its holdings in Vontier by 3.3% in the 2nd quarter. Ritholtz Wealth Management now owns 13,129 shares of the company's stock valued at $502,000 after buying an additional 420 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of Vontier by 6.2% in the 2nd quarter. Benjamin Edwards Inc. now owns 7,729 shares of the company's stock worth $295,000 after acquiring an additional 448 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Stock Down 1.1 %

Vontier stock traded down $0.39 on Monday, hitting $36.22. 410,533 shares of the stock traded hands, compared to its average volume of 813,834. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The firm has a market cap of $5.44 billion, a P/E ratio of 13.88, a price-to-earnings-growth ratio of 1.85 and a beta of 1.24. The business's fifty day simple moving average is $37.78 and its 200 day simple moving average is $36.47. Vontier has a 1 year low of $31.22 and a 1 year high of $45.62.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The firm had revenue of $750.00 million during the quarter, compared to analyst estimates of $729.23 million. During the same quarter in the prior year, the firm earned $0.73 EPS. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Vontier will post 2.89 earnings per share for the current year.

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.28%. Vontier's dividend payout ratio (DPR) is 3.83%.

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.