Vontier Co. (NYSE:VNT) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Vontier Co. (NYSE:VNT) have been given an average recommendation of “Moderate Buy” by the seven research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $45.00.

A number of brokerages have issued reports on VNT. Argus increased their price target on Vontier from $39.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. UBS Group lifted their target price on Vontier from $42.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Citigroup increased their price objective on shares of Vontier from $45.00 to $51.00 and gave the company a “buy” rating in a report on Monday, April 8th. Evercore ISI boosted their target price on shares of Vontier from $40.00 to $47.00 and gave the stock an “outperform” rating in a report on Tuesday, February 20th. Finally, Bank of America upgraded shares of Vontier from a “neutral” rating to a “buy” rating and lifted their price target for the company from $37.00 to $40.00 in a report on Thursday, January 11th.

Vontier Trading Down 1.5 %

NYSE:VNT opened at $40.56 on Thursday. The firm has a market capitalization of $6.26 billion, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 1.15 and a beta of 1.33. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.57 and a quick ratio of 1.23. The business has a fifty day moving average price of $42.54 and a 200-day moving average price of $37.39. Vontier has a one year low of $27.21 and a one year high of $45.62.

Vontier (NYSE:VNT) last released its earnings results on Thursday, May 2nd. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. The company had revenue of $755.80 million for the quarter, compared to analysts’ expectations of $754.50 million. Vontier had a net margin of 14.02% and a return on equity of 54.84%. The firm’s revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.68 EPS. Sell-side analysts forecast that Vontier will post 3.15 EPS for the current year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were given a dividend of $0.025 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.25%. Vontier’s dividend payout ratio (DPR) is currently 3.62%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VNT. Rise Advisors LLC purchased a new position in shares of Vontier in the 1st quarter worth approximately $27,000. Opal Wealth Advisors LLC purchased a new position in Vontier during the 1st quarter valued at $30,000. Riverview Trust Co bought a new position in Vontier in the 1st quarter valued at $33,000. Benjamin F. Edwards & Company Inc. purchased a new stake in Vontier in the fourth quarter worth $35,000. Finally, ORG Partners LLC bought a new stake in shares of Vontier during the first quarter worth $35,000. Institutional investors 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.