Vontier Corporation (NYSE:VNT) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Vontier Corporation has received a consensus rating of "Moderate Buy" from analysts, with 6 buy ratings and 2 hold ratings among 8 analysts covering the stock.
• The company's stock recently opened at $40.35 and has a 1-year target price of approximately $47.14 as estimated by analysts.
• Vontier reported earnings of $0.79 per share for the last quarter, exceeding expectations, and its revenue increased by 11.1% year-over-year.

Shares of Vontier Corporation (NYSE:VNT - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eight analysts that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $47.1429.

Several research firms have recently issued reports on VNT. Barclays restated an "overweight" rating on shares of Vontier in a report on Monday, August 4th. Citigroup restated a "buy" rating and set a $45.00 price objective (up previously from $37.00) on shares of Vontier in a report on Monday, July 14th. Evercore ISI boosted their price objective on shares of Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. The Goldman Sachs Group restated a "neutral" rating on shares of Vontier in a report on Thursday, July 31st. Finally, Robert W. Baird boosted their price objective on shares of Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th.

Vontier Stock Down 0.5%

Vontier stock opened at $40.35 on Tuesday. The company has a market capitalization of $5.92 billion, a P/E ratio of 15.34, a P/E/G ratio of 1.35 and a beta of 1.31. The firm's fifty day simple moving average is $38.03 and its 200-day simple moving average is $35.76. 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 has a 1-year low of $27.22 and a 1-year high of $42.00.

Vontier (NYSE:VNT - Get Free Report) last released 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 business had revenue of $773.50 million for the quarter, compared to the consensus estimate of $734.23 million. Vontier had a net margin of 12.99% and a return on equity of 41.96%. Vontier's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.63 EPS. Sell-side analysts forecast that Vontier will post 3.13 earnings per share for the current fiscal year.

Institutional Trading of Vontier

Several institutional investors have recently made changes to their positions in VNT. Seizert Capital Partners LLC boosted its position in Vontier by 2.3% in the second quarter. Seizert Capital Partners LLC now owns 122,658 shares of the company's stock valued at $4,526,000 after buying an additional 2,756 shares in the last quarter. LSV Asset Management boosted its position in Vontier by 6.8% in the second quarter. LSV Asset Management now owns 1,512,447 shares of the company's stock valued at $55,809,000 after buying an additional 96,500 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Vontier by 22.7% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 115,147 shares of the company's stock valued at $4,249,000 after buying an additional 21,276 shares in the last quarter. Creative Planning boosted its position in Vontier by 54.5% in the second quarter. Creative Planning now owns 53,952 shares of the company's stock valued at $1,991,000 after buying an additional 19,028 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Vontier by 6.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 38,000 shares of the company's stock valued at $1,402,000 after buying an additional 2,455 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

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.

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