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

Shares of Vontier Co. (NYSE:VNT) have been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $44.25.

A number of equities analysts recently commented on the company. Barclays dropped their price target on Vontier from $50.00 to $44.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Evercore ISI decreased their price objective on Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Finally, Robert W. Baird decreased their price objective on Vontier from $44.00 to $42.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd.

Vontier Price Performance

Shares of Vontier stock opened at $35.30 on Wednesday. The stock has a 50 day moving average of $33.81 and a 200 day moving average of $37.40. Vontier has a 12 month low of $28.84 and a 12 month high of $45.62. The firm has a market cap of $5.43 billion, a PE ratio of 13.63, a PEG ratio of 1.55 and a beta of 1.27. The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 2.14.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.08). Vontier had a net margin of 13.43% and a return on equity of 49.17%. The firm had revenue of $696.40 million for the quarter, compared to the consensus estimate of $746.43 million. During the same period in the previous year, the company posted $0.67 earnings per share. Vontier’s quarterly revenue was down 8.9% on a year-over-year basis. On average, research analysts expect that Vontier will post 2.88 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 5th were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.10 annualized dividend and a dividend yield of 0.28%. Vontier’s payout ratio is 3.86%.

Institutional Investors Weigh In On Vontier

Several hedge funds and other institutional investors have recently modified their holdings of the business. Rise Advisors LLC purchased a new position in Vontier during the 1st quarter worth $27,000. Opal Wealth Advisors LLC purchased a new position in Vontier during the 1st quarter worth $30,000. Riverview Trust Co purchased a new position in Vontier during the 1st quarter worth $33,000. ORG Partners LLC purchased a new position in Vontier during the 1st quarter worth $35,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Vontier during the 2nd quarter worth $44,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

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.