Vontier (NYSE:VNT) PT Raised to $25.00 at Credit Suisse Group

Vontier (NYSE:VNT – Get Rating) had its price objective hoisted by Credit Suisse Group from $21.00 to $25.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Credit Suisse Group’s price objective would indicate a potential downside of 0.95% from the company’s previous close.

A number of other analysts also recently weighed in on the stock. Citigroup boosted their target price on shares of Vontier from $22.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, February 17th. TheStreet upgraded shares of Vontier from a “d+” rating to a “c-” rating in a report on Monday, February 13th. Wolfe Research downgraded shares of Vontier from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 1st. The Goldman Sachs Group upped their price target on shares of Vontier from $22.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, February 21st. Finally, Bank of America downgraded shares of Vontier from a “buy” rating to a “neutral” rating and cut their price target for the company from $30.00 to $21.00 in a report on Monday, December 12th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Vontier currently has a consensus rating of “Hold” and a consensus target price of $26.83.

Vontier Stock Performance

Shares of NYSE VNT opened at $25.24 on Friday. The company has a debt-to-equity ratio of 4.46, a quick ratio of 1.12 and a current ratio of 1.49. The company has a market cap of $3.92 billion, a P/E ratio of 10.26, a P/E/G ratio of 3.18 and a beta of 1.27. The firm’s fifty day moving average is $24.11 and its two-hundred day moving average is $20.84. Vontier has a 52-week low of $16.55 and a 52-week high of $28.45.

Vontier (NYSE:VNT – Get Rating) last posted its earnings results on Thursday, February 16th. The company reported $0.81 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.81. Vontier had a net margin of 12.60% and a return on equity of 92.95%. The firm had revenue of $871.90 million for the quarter, compared to the consensus estimate of $791.92 million. During the same period in the previous year, the firm posted $0.83 EPS. As a group, analysts anticipate that Vontier will post 2.81 EPS for the current fiscal year.

Institutional Investors Weigh In On Vontier

Several large investors have recently added to or reduced their stakes in the stock. Front Street Capital Management Inc. boosted its position in Vontier by 45.8% in the 4th quarter. Front Street Capital Management Inc. now owns 232,959 shares of the company’s stock valued at $4,503,000 after buying an additional 73,200 shares during the period. DGS Capital Management LLC purchased a new stake in Vontier in the 4th quarter valued at about $390,000. State of Wyoming purchased a new stake in Vontier in the 4th quarter valued at about $213,000. T. Rowe Price Investment Management Inc. purchased a new stake in Vontier in the 4th quarter valued at about $127,000,000. Finally, Legal & General Group Plc boosted its position in Vontier by 1.0% in the 4th quarter. Legal & General Group Plc now owns 229,493 shares of the company’s stock valued at $4,436,000 after buying an additional 2,335 shares during the period. 92.48% of the stock is owned by hedge funds and other institutional investors.

Vontier Company Profile

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Vontier Corporation engages in the research and development, manufacture, sale, and distribution of technical equipment, components, software, and services for manufacturing, repairing, and servicing in the mobility infrastructure industry worldwide. The company offers a range of solutions, including environmental sensors, fueling equipment, field payment hardware, point-of sale, workflow and monitoring software, vehicle tracking and fleet management, software solutions for traffic light control, and vehicle mechanics', and technicians' equipment.