Vontier Co. (NYSE:VNT) Receives $44.25 Average Target Price from Analysts

Vontier Co. (NYSE:VNT) has received a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $44.25.

VNT has been the subject of several research analyst reports. Robert W. Baird decreased their price target on shares of Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Barclays decreased their target price on Vontier from $50.00 to $44.00 and set an “overweight” rating for the company in a research report on Monday, August 5th. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Finally, Evercore ISI reduced their price objective on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, August 19th.

Vontier Price Performance

VNT opened at $33.88 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.69 and a debt-to-equity ratio of 2.14. The business has a fifty day moving average of $34.54 and a 200 day moving average of $38.56. Vontier has a 52-week low of $28.84 and a 52-week high of $45.62. The stock has a market cap of $5.23 billion, a P/E ratio of 12.28, a PEG ratio of 1.46 and a beta of 1.28.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.08). The company had revenue of $696.40 million during the quarter, compared to analysts’ expectations of $746.43 million. Vontier had a return on equity of 49.17% and a net margin of 13.43%. The company’s quarterly revenue was down 8.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.67 EPS. As a group, sell-side analysts anticipate that Vontier will post 2.88 EPS for the current year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend was Thursday, September 5th. Vontier’s dividend payout ratio is currently 3.62%.

Institutional Trading of Vontier

Several hedge funds and other institutional investors have recently made changes to their positions in VNT. Rise Advisors LLC purchased a new position in Vontier during the 1st quarter worth $27,000. Opal Wealth Advisors LLC purchased a new stake in shares of Vontier during the first quarter worth about $30,000. Riverview Trust Co purchased a new stake in shares of Vontier during the first quarter worth about $33,000. ORG Partners LLC purchased a new position in shares of Vontier in the 1st quarter valued at approximately $35,000. Finally, Headlands Technologies LLC acquired a new stake in Vontier in the 1st quarter worth approximately $46,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

About Vontier

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.