Barclays Issues Pessimistic Forecast for Vontier (NYSE:VNT) Stock Price

Vontier (NYSE:VNT) had its target price lowered by analysts at Barclays from $46.00 to $45.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price target indicates a potential upside of 34.19% from the stock’s previous close.

VNT has been the topic of several other reports. UBS Group began coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective on the stock. Robert W. Baird lifted their price target on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 18th. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a report on Thursday, December 12th. Finally, Citigroup dropped their target price on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $44.50.

Vontier Stock Performance

NYSE:VNT opened at $33.54 on Wednesday. The company’s 50-day moving average is $36.63 and its two-hundred day moving average is $36.36. Vontier has a 1-year low of $31.22 and a 1-year high of $45.62. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $776.80 million for the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Analysts forecast that Vontier will post 3.13 EPS for the current year.

Hedge Funds Weigh In On Vontier

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

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.