Valvoline (NYSE:VVV) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Valvoline has received a consensus rating of "Moderate Buy" from analysts, with six assigning a hold rating and nine issuing buy ratings.
• The average 12-month price target for Valvoline is currently $42.77, reflecting recent upgrades from several equity research analysts.
• Insider trading shows CFO J Kevin Willis purchasing 12,725 shares of Valvoline at an average price of $39.41, increasing his ownership significantly.

Shares of Valvoline (NYSE:VVV - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the fifteen brokerages that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $42.7692.

A number of equities research analysts have recently commented on the company. The Goldman Sachs Group upgraded Valvoline from a "hold" rating to a "buy" rating and increased their price objective for the company from $40.00 to $45.00 in a research report on Tuesday, June 3rd. Zacks Research raised Valvoline to a "hold" rating in a report on Tuesday, August 12th. Wells Fargo & Company increased their price target on Valvoline from $42.00 to $44.00 and gave the company an "overweight" rating in a research report on Thursday, August 7th. Piper Sandler boosted their price objective on Valvoline from $44.00 to $50.00 and gave the stock an "overweight" rating in a report on Monday, September 8th. Finally, Stephens raised their target price on shares of Valvoline from $40.00 to $44.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th.

Insider Transactions at Valvoline

In other Valvoline news, CFO J Kevin Willis bought 12,725 shares of Valvoline stock in a transaction dated Thursday, August 14th. The stock was bought at an average price of $39.41 per share, for a total transaction of $501,492.25. Following the completion of the acquisition, the chief financial officer directly owned 12,725 shares of the company's stock, valued at approximately $501,492.25. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.66% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Valvoline

A number of institutional investors have recently modified their holdings of the stock. Coldstream Capital Management Inc. grew its holdings in shares of Valvoline by 3.7% during the 2nd quarter. Coldstream Capital Management Inc. now owns 7,419 shares of the basic materials company's stock valued at $281,000 after acquiring an additional 262 shares in the last quarter. Cetera Investment Advisers boosted its position in Valvoline by 1.3% during the fourth quarter. Cetera Investment Advisers now owns 21,425 shares of the basic materials company's stock valued at $775,000 after purchasing an additional 277 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in Valvoline by 1.0% in the second quarter. Orion Porfolio Solutions LLC now owns 28,510 shares of the basic materials company's stock valued at $1,080,000 after purchasing an additional 277 shares in the last quarter. L. Roy Papp & Associates LLP grew its stake in Valvoline by 2.0% in the second quarter. L. Roy Papp & Associates LLP now owns 18,440 shares of the basic materials company's stock valued at $698,000 after purchasing an additional 360 shares in the last quarter. Finally, Isthmus Partners LLC increased its holdings in Valvoline by 4.2% in the first quarter. Isthmus Partners LLC now owns 9,544 shares of the basic materials company's stock worth $332,000 after buying an additional 387 shares during the last quarter. Institutional investors and hedge funds own 96.13% of the company's stock.

Valvoline Stock Performance

NYSE:VVV opened at $40.47 on Friday. Valvoline has a twelve month low of $31.01 and a twelve month high of $43.74. The company has a current ratio of 0.73, a quick ratio of 0.60 and a debt-to-equity ratio of 3.37. The company has a 50-day moving average of $38.12 and a 200-day moving average of $36.22. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of 18.82 and a beta of 1.21.

Valvoline (NYSE:VVV - Get Free Report) last released its earnings results on Wednesday, August 6th. The basic materials company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.01. The business had revenue of $439.00 million for the quarter, compared to the consensus estimate of $436.35 million. Valvoline had a net margin of 16.43% and a return on equity of 84.85%. The business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.45 EPS. Analysts forecast that Valvoline will post 1.63 earnings per share for the current fiscal year.

About Valvoline

Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.

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