Vontier Co. (NYSE:VNT) Receives $44.50 Average Target Price from Analysts

Vontier Co. (NYSE:VNT) has received a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $44.50.

A number of brokerages recently commented on VNT. Evercore ISI dropped their price target on Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Robert W. Baird lowered their target price on Vontier from $44.00 to $42.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Argus lowered shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Finally, Barclays lifted their price objective on shares of Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th.

Institutional Trading of Vontier

Institutional investors have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Vontier during the first quarter worth $205,000. Susquehanna Fundamental Investments LLC bought a new position in Vontier in the 1st quarter worth about $971,000. Choate Investment Advisors grew its holdings in Vontier by 4.7% during the 1st quarter. Choate Investment Advisors now owns 90,375 shares of the company’s stock valued at $4,099,000 after buying an additional 4,088 shares in the last quarter. Inspire Investing LLC increased its position in shares of Vontier by 17.6% during the first quarter. Inspire Investing LLC now owns 45,120 shares of the company’s stock valued at $2,047,000 after buying an additional 6,768 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in shares of Vontier in the first quarter worth about $46,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Stock Performance

Shares of VNT stock opened at $39.52 on Friday. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The firm has a 50-day moving average of $34.48 and a 200-day moving average of $36.86. Vontier has a one year low of $31.22 and a one year high of $45.62. The company has a market cap of $5.94 billion, a P/E ratio of 15.46, a P/E/G ratio of 1.87 and a beta of 1.25.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The firm had revenue of $750.00 million during the quarter, compared to analyst estimates of $729.23 million. During the same quarter last year, the business posted $0.73 EPS. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Equities research analysts forecast that Vontier will post 2.89 EPS for the current fiscal year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.25%. The ex-dividend date is Thursday, November 21st. Vontier’s dividend payout ratio (DPR) is currently 3.83%.

Vontier Company Profile

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.