Vontier Co. (NYSE:VNT) Receives $44.75 Average Target Price from Analysts

Vontier Co. (NYSE:VNT - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $45.43.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VNT. Global X Japan Co. Ltd. raised its holdings in Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after buying an additional 431 shares during the period. International Assets Investment Management LLC raised its holdings in Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock valued at $35,000 after buying an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. purchased a new position in Vontier in the third quarter valued at approximately $37,000. Wilmington Savings Fund Society FSB purchased a new position in Vontier in the third quarter valued at approximately $40,000. Finally, Covestor Ltd raised its holdings in Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company's stock valued at $49,000 after buying an additional 395 shares during the period. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Price Performance

NYSE VNT traded down $0.87 during trading hours on Tuesday, reaching $37.76. The company's stock had a trading volume of 1,645,229 shares, compared to its average volume of 769,413. The stock has a market cap of $5.61 billion, a PE ratio of 13.73, a PEG ratio of 1.28 and a beta of 1.26. Vontier has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The company's 50-day moving average is $37.71 and its two-hundred day moving average is $36.24. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51.

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

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.025 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.26%. Vontier's payout ratio is 3.64%.

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.