News coverage about Valvoline (NYSE:VVV) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Valvoline earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 46.3302956712004 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Valvoline (NYSE:VVV) opened at 23.20 on Wednesday. Valvoline has a 1-year low of $18.30 and a 1-year high of $24.98. The stock has a 50 day moving average price of $23.24 and a 200-day moving average price of $23.06. The stock has a market capitalization of $4.75 billion and a PE ratio of 16.81.
Valvoline (NYSE:VVV) last released its quarterly earnings results on Tuesday, April 25th. The basic materials company reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.03. The company had revenue of $514 million during the quarter, compared to the consensus estimate of $501.04 million. The company’s revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.33 earnings per share. On average, analysts forecast that Valvoline will post $1.39 earnings per share for the current year.
VVV has been the topic of several recent research reports. Zacks Investment Research raised Valvoline from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Wednesday, June 7th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $23.00 price target (up from $22.00) on shares of Valvoline in a research note on Saturday, June 3rd. Finally, Seaport Global Securities raised Valvoline from a “neutral” rating to a “buy” rating and set a $26.00 price target on the stock in a research note on Wednesday, June 7th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $26.18.
Valvoline Inc (Valvoline) is engaged in the production and distribution of automotive, commercial and industrial lubricants, and automotive chemicals. The Company operates through three segments: Core North America, Quick Lubes and International. The Core North America segment sells Valvoline, and other branded and private label products in the United States and Canada to both consumers performing their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as, to installer customers using Valvoline products to service vehicles owned by Do-It-For-Me (DIFM) consumers.
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