Vontier Co. (NYSE:VNT) Receives Average Rating of “Moderate Buy” from Analysts

Vontier Co. (NYSE:VNT) has earned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $44.67.

VNT has been the subject of a number of recent research reports. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a research note on Thursday, December 12th. Robert W. Baird upped their price objective on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Citigroup lowered their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Barclays upped their price objective on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Finally, UBS Group initiated coverage on Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective for the company.

Vontier Price Performance

Shares of NYSE VNT opened at $34.35 on Friday. Vontier has a twelve month low of $31.22 and a twelve month high of $45.62. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The business has a 50 day simple moving average of $36.91 and a 200-day simple moving average of $36.36.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. As a group, equities research analysts expect that Vontier will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.29%. Vontier’s payout ratio is 3.64%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Global X Japan Co. Ltd. lifted its holdings in shares of Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after buying an additional 431 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier in the third quarter valued at $40,000. Covestor Ltd lifted its holdings in shares of Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after buying an additional 395 shares during the period. Lazard Asset Management LLC acquired a new stake in shares of Vontier in the fourth quarter valued at $73,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after buying an additional 700 shares during the period. 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.