Valvoline Inc. (NYSE:VVV) Receives Average Recommendation of “Moderate Buy” from Analysts

Valvoline Inc. (NYSE:VVV) has been assigned an average rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $44.25.

Several analysts have commented on the company. Piper Sandler assumed coverage on Valvoline in a report on Wednesday, June 12th. They issued an “overweight” rating and a $49.00 price objective on the stock. Citigroup lifted their target price on shares of Valvoline from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $48.00 price target on shares of Valvoline in a research note on Friday, June 7th.

Valvoline Trading Down 0.3 %

Valvoline stock opened at $45.87 on Tuesday. The firm has a market cap of $5.91 billion, a PE ratio of 36.41 and a beta of 1.44. Valvoline has a 12 month low of $29.15 and a 12 month high of $48.26. The stock’s 50 day simple moving average is $42.48 and its two-hundred day simple moving average is $41.47. The company has a current ratio of 0.73, a quick ratio of 0.69 and a debt-to-equity ratio of 15.83.

Valvoline (NYSE:VVV) last released its quarterly earnings data on Wednesday, May 8th. The basic materials company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. Valvoline had a net margin of 11.78% and a return on equity of 136.59%. The company had revenue of $388.70 million during the quarter, compared to analysts’ expectations of $390.75 million. During the same quarter in the previous year, the company earned $0.23 earnings per share. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. Analysts anticipate that Valvoline will post 1.61 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Park Place Capital Corp purchased a new stake in shares of Valvoline in the 4th quarter valued at approximately $26,000. Blue Trust Inc. increased its stake in Valvoline by 57.9% during the second quarter. Blue Trust Inc. now owns 728 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 267 shares during the last quarter. GAMMA Investing LLC purchased a new stake in Valvoline in the fourth quarter valued at $35,000. Mather Group LLC. lifted its stake in shares of Valvoline by 1,617.0% in the 2nd quarter. Mather Group LLC. now owns 807 shares of the basic materials company’s stock valued at $36,000 after purchasing an additional 760 shares during the last quarter. Finally, Principal Securities Inc. purchased a new position in shares of Valvoline during the 4th quarter worth $39,000. Institutional investors and hedge funds own 96.13% of the company’s stock.

Valvoline Company Profile

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.