Vontier (NYSE:VNT) Sets New 12-Month Low - Time to Sell?

Vontier Co. (NYSE:VNT - Get Free Report)'s share price reached a new 52-week low on Thursday . The company traded as low as $30.17 and last traded at $30.31, with a volume of 225977 shares. The stock had previously closed at $33.65.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Wolfe Research raised Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price objective for the company in a research note on Thursday, December 12th. Citigroup dropped their price objective on shares of Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Barclays lowered their target price on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They set a "buy" rating and a $47.00 price target on the stock. Finally, Robert W. Baird raised their price objective on shares of Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $44.50.

Vontier Stock Performance

The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 10.19, a P/E/G ratio of 1.23 and a beta of 1.28. The firm's 50-day moving average is $35.67 and its two-hundred day moving average is $36.34.

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Vontier (NYSE:VNT - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The business had revenue of $776.80 million for the quarter. As a group, sell-side analysts expect that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were given a $0.025 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.36%. Vontier's dividend payout ratio (DPR) is presently 3.64%.

Hedge Funds Weigh In On Vontier

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Global X Japan Co. Ltd. boosted its holdings in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after purchasing an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Vontier during the 3rd quarter valued at approximately $40,000. Lazard Asset Management LLC acquired a new position in Vontier in the fourth quarter valued at approximately $73,000. Farther Finance Advisors LLC grew its position in Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after acquiring an additional 700 shares during the period. Finally, Covestor Ltd increased its stake in Vontier by 66.8% during the fourth quarter. Covestor Ltd now owns 2,437 shares of the company's stock worth $89,000 after acquiring an additional 976 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

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.