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

Shares of Vontier Co. (NYSE:VNT) have been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $44.63.

A number of brokerages have weighed in on VNT. UBS Group started coverage on Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price for the company. Barclays reduced their price target on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Citigroup reduced their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a report on Thursday, December 12th.

Vontier Stock Performance

Shares of VNT stock opened at $38.00 on Friday. Vontier has a 12 month low of $31.22 and a 12 month high of $45.62. The stock has a market cap of $5.71 billion, a PE ratio of 14.56, a price-to-earnings-growth ratio of 1.73 and a beta of 1.26. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The company’s fifty day moving average price is $37.77 and its 200-day moving average price is $36.24.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. The company had revenue of $750.00 million for the quarter, compared to analysts’ expectations of $729.23 million. Vontier had a net margin of 13.54% and a return on equity of 45.48%. Vontier’s revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.73 EPS. On average, equities 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, December 12th. Shareholders of record on Thursday, November 21st were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.10 annualized dividend and a yield of 0.26%. Vontier’s payout ratio is 3.83%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its stake in Vontier by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company’s stock worth $86,776,000 after purchasing an additional 18,091 shares during the period. Mackenzie Financial Corp boosted its stake in Vontier by 9.8% in the 2nd quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company’s stock worth $97,078,000 after purchasing an additional 227,388 shares during the period. River Road Asset Management LLC boosted its stake in Vontier by 21.4% in the 3rd quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock worth $79,510,000 after purchasing an additional 415,750 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Vontier by 3.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,474,988 shares of the company’s stock worth $49,766,000 after purchasing an additional 42,357 shares during the period. Finally, Janus Henderson Group PLC boosted its position in shares of Vontier by 11.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,311,344 shares of the company’s stock valued at $44,246,000 after acquiring an additional 132,312 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors.

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.