Vontier Corporation (NYSE:VNT) Given Consensus Rating of "Moderate Buy" by Brokerages

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 brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $47.1429.

VNT has been the topic of a number of recent analyst reports. Citigroup reissued a "buy" rating and issued a $45.00 price target (up previously from $37.00) on shares of Vontier in a report on Monday, July 14th. Barclays reissued an "overweight" rating on shares of Vontier in a research report on Monday, August 4th. UBS Group upped their price objective on shares of Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Robert W. Baird raised their target price on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. Finally, Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd.

Institutional Trading of Vontier

Large investors have recently added to or reduced their stakes in the business. Brooklyn Investment Group boosted its position in shares of Vontier by 586.2% in the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after purchasing an additional 721 shares during the period. Olde Wealth Management LLC purchased a new position in shares of Vontier in the first quarter worth $36,000. Parkside Financial Bank & Trust raised its stake in shares of Vontier by 39.0% in the second quarter. Parkside Financial Bank & Trust now owns 973 shares of the company's stock valued at $36,000 after acquiring an additional 273 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of Vontier by 75.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock valued at $45,000 after acquiring an additional 529 shares during the period. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of Vontier in the second quarter valued at $53,000. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Performance

Shares of NYSE VNT traded down $0.55 during midday trading on Tuesday, hitting $42.53. The company's stock had a trading volume of 53,875 shares, compared to its average volume of 985,080. The stock has a fifty day moving average price of $38.43 and a 200 day moving average price of $35.89. Vontier has a one year low of $27.22 and a one year high of $43.32. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $6.24 billion, a price-to-earnings ratio of 16.16, a P/E/G ratio of 1.44 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. The business 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 revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.63 EPS. On average, research analysts forecast that Vontier will post 3.13 EPS for the current fiscal year.

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.