Vontier (NYSE:VNT) Stock Price Expected to Rise, UBS Group Analyst Says

Key Points

• UBS Group has increased its price objective for Vontier (NYSE:VNT) stock from $47.00 to $50.00, suggesting a potential upside of 19.79% from its previous close.
• After recent earnings results, Vontier reported $0.79 earnings per share, surpassing estimates, and indicated a revenue increase of 11.1% year-over-year.
• A majority of analysts rate Vontier as a "buy" or "strong buy," with a consensus target price currently set at $47.14 for the stock.

Vontier (NYSE:VNT - Get Free Report) had its price target raised by analysts at UBS Group from $47.00 to $50.00 in a research report issued to clients and investors on Tuesday, August 5th, Marketbeat reports. The brokerage presently has a "buy" rating on the stock. UBS Group's target price would indicate a potential upside of 19.14% from the stock's current price.

VNT has been the topic of a number of other reports. Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Barclays raised their target price on shares of Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Argus raised shares of Vontier from a "hold" rating to a "buy" rating and set a $47.00 target price on the stock in a research note on Tuesday, August 5th. Robert W. Baird raised their target price on shares of Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. Finally, Citigroup reissued a "buy" rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a research note on Monday, July 14th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Vontier has an average rating of "Moderate Buy" and a consensus target price of $47.14.

Vontier Trading Up 4.0%

Shares of Vontier stock opened at $41.97 on Tuesday. The firm has a market capitalization of $6.16 billion, a PE ratio of 15.96, a P/E/G ratio of 1.34 and a beta of 1.31. Vontier has a twelve month low of $27.22 and a twelve month high of $42.05. The firm's 50-day moving average price is $38.14 and its 200 day moving average price is $35.80. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The firm had revenue of $773.50 million for the quarter, compared to analyst estimates of $734.23 million. Vontier had a net margin of 12.99% and a return on equity of 41.96%. Vontier's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the company posted $0.63 EPS. On average, sell-side analysts predict that Vontier will post 3.13 EPS for the current fiscal year.

Institutional Trading of Vontier

Institutional investors have recently made changes to their positions in the company. Brooklyn Investment Group raised its position in shares of Vontier by 586.2% during the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock valued at $28,000 after buying an additional 721 shares during the period. Parkside Financial Bank & Trust increased its holdings in Vontier by 39.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company's stock valued at $36,000 after purchasing an additional 273 shares during the last quarter. Olde Wealth Management LLC acquired a new stake in Vontier in the 1st quarter valued at approximately $36,000. MassMutual Private Wealth & Trust FSB increased its holdings in Vontier by 75.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock valued at $45,000 after purchasing an additional 529 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in Vontier in the 2nd quarter valued at approximately $53,000. Hedge funds and other institutional investors 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.