Valvoline (NYSE:VVV – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.570-1.670 for the period, compared to the consensus EPS estimate of 1.800. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.8 billion.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Wells Fargo & Company decreased their target price on shares of Valvoline from $50.00 to $46.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Royal Bank of Canada decreased their price target on shares of Valvoline from $54.00 to $48.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Stephens initiated coverage on Valvoline in a report on Tuesday, October 15th. They set an “overweight” rating and a $49.00 price objective for the company. Robert W. Baird initiated coverage on Valvoline in a report on Thursday, August 15th. They issued an “outperform” rating and a $48.00 target price on the stock. Finally, Baird R W upgraded Valvoline to a “strong-buy” rating in a research note on Thursday, August 15th. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $47.75.
View Our Latest Analysis on VVV
Valvoline Price Performance
Valvoline declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, July 30th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the basic materials company to repurchase up to 7.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.
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.
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