Valvoline (VVV) to Release Quarterly Earnings on Thursday

Valvoline (NYSE:VVV) is projected to announce its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to post earnings of $0.31 per share and revenue of $398.80 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Valvoline Stock Performance

NYSE VVV opened at $36.63 on Wednesday. Valvoline has a fifty-two week low of $33.86 and a fifty-two week high of $48.26. The company has a market cap of $4.70 billion, a P/E ratio of 22.61 and a beta of 1.45. The company has a debt-to-equity ratio of 5.77, a quick ratio of 0.61 and a current ratio of 0.72. The business’s 50 day moving average price is $37.14 and its 200-day moving average price is $40.05.

Insider Buying and Selling

In other Valvoline news, CTO Robert Travis Dobbins sold 1,914 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $40.00, for a total value of $76,560.00. Following the sale, the chief technology officer now owns 14,956 shares of the company’s stock, valued at approximately $598,240. This represents a 11.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lori Ann Flees acquired 2,500 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average cost of $39.64 per share, with a total value of $99,100.00. Following the completion of the purchase, the chief executive officer now owns 38,428 shares in the company, valued at approximately $1,523,285.92. This represents a 6.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.66% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Royal Bank of Canada dropped their price objective on Valvoline from $52.00 to $46.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 20th. Robert W. Baird decreased their price objective on Valvoline from $48.00 to $46.00 and set an “outperform” rating for the company in a report on Wednesday, November 20th. Mizuho cut their price target on shares of Valvoline from $46.00 to $42.00 and set an “outperform” rating on the stock in a research note on Monday, January 6th. Stephens assumed coverage on Valvoline in a report on Tuesday, October 15th. They issued an “overweight” rating and a $49.00 price objective on the stock. Finally, Wells Fargo & Company decreased their target price on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating for the company in a research report on Wednesday, November 20th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $44.89.

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.