Analysts Set Vontier Co. (NYSE:VNT) Target Price at $45.00

Shares of Vontier Co. (NYSE:VNT - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the seven analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $45.00.

A number of equities analysts have weighed in on the company. The Goldman Sachs Group boosted their price target on Vontier from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 20th. Evercore ISI raised their price target on Vontier from $40.00 to $47.00 and gave the company an "outperform" rating in a report on Tuesday, February 20th. Argus upped their price objective on shares of Vontier from $39.00 to $50.00 and gave the company a "buy" rating in a report on Monday, March 18th. Citigroup increased their price objective on shares of Vontier from $45.00 to $51.00 and gave the company a "buy" rating in a research report on Monday, April 8th. Finally, Bank of America raised shares of Vontier from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $37.00 to $40.00 in a report on Thursday, January 11th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VNT. Rise Advisors LLC bought a new position in Vontier in the 1st quarter valued at about $27,000. Opal Wealth Advisors LLC acquired a new position in Vontier during the first quarter valued at approximately $30,000. Riverview Trust Co bought a new stake in Vontier during the first quarter worth $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Vontier in the 4th quarter valued at $35,000. Finally, FinTrust Capital Advisors LLC increased its stake in shares of Vontier by 1,985.7% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 1,168 shares of the company's stock valued at $36,000 after purchasing an additional 1,112 shares during the last quarter. Institutional investors own 95.83% of the company's stock.

Vontier Stock Down 1.2 %

Shares of NYSE:VNT traded down $0.49 during trading on Friday, hitting $41.57. 603,111 shares of the company were exchanged, compared to its average volume of 822,310. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of 17.25, a P/E/G ratio of 1.21 and a beta of 1.31. The company has a current ratio of 1.39, a quick ratio of 1.08 and a debt-to-equity ratio of 2.44. Vontier has a fifty-two week low of $26.23 and a fifty-two week high of $45.62. The firm has a fifty day moving average price of $42.05 and a two-hundred day moving average price of $36.24.

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.02. The firm had revenue of $789.00 million for the quarter, compared to analyst estimates of $780.92 million. Vontier had a net margin of 12.18% and a return on equity of 60.00%. The company's quarterly revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.81 earnings per share. As a group, research analysts anticipate that Vontier will post 3.15 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 7th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend was Wednesday, March 6th. Vontier's dividend payout ratio (DPR) is currently 4.15%.

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.