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

Shares of Vontier Co. (NYSE:VNT) have received an average rating of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $43.17.

A number of equities analysts recently issued reports on VNT shares. Citigroup lowered their price objective on shares of Vontier from $45.00 to $36.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Barclays dropped their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. Finally, Robert W. Baird boosted their price objective on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th.

Vontier Trading Up 3.2 %

Shares of VNT stock opened at $33.26 on Friday. Vontier has a fifty-two week low of $27.22 and a fifty-two week high of $41.61. The stock’s fifty day moving average price is $32.29 and its two-hundred day moving average price is $35.84. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The company has a market cap of $4.93 billion, a PE ratio of 12.09, a P/E/G ratio of 1.23 and a beta of 1.28.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.06. The business had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. Vontier had a return on equity of 43.22% and a net margin of 14.17%. Vontier’s revenue was down 1.9% compared to the same quarter last year. During the same period last year, the firm posted $0.74 earnings per share. Equities analysts predict that Vontier will post 3.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Vontier

A number of institutional investors have recently made changes to their positions in VNT. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Vontier by 5.5% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company’s stock worth $121,208,000 after acquiring an additional 173,542 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Vontier by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company’s stock worth $97,260,000 after purchasing an additional 75,775 shares during the period. Mackenzie Financial Corp increased its position in shares of Vontier by 0.8% during the fourth quarter. Mackenzie Financial Corp now owns 2,540,329 shares of the company’s stock worth $92,646,000 after buying an additional 20,649 shares during the period. Ameriprise Financial Inc. raised its stake in Vontier by 4.0% during the fourth quarter. Ameriprise Financial Inc. now owns 2,515,579 shares of the company’s stock worth $91,740,000 after buying an additional 96,554 shares during the last quarter. Finally, River Road Asset Management LLC lifted its holdings in Vontier by 6.2% in the fourth quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company’s stock valued at $91,253,000 after buying an additional 145,574 shares during the period. 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.