Barclays Issues Pessimistic Forecast for Vontier (NYSE:VNT) Stock Price

Vontier (NYSE:VNT) had its target price lowered by stock analysts at Barclays from $46.00 to $45.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 30.04% from the stock’s previous close.

A number of other brokerages have also recently issued reports on VNT. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a report on Thursday, December 12th. Citigroup dropped their price objective on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. UBS Group assumed coverage on shares of Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price on the stock. Finally, Robert W. Baird increased their price target on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Vontier presently has an average rating of “Moderate Buy” and an average target price of $44.50.

Vontier Stock Performance

Shares of VNT stock opened at $34.61 on Wednesday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The firm has a market capitalization of $5.15 billion, a price-to-earnings ratio of 12.59, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. Vontier has a one year low of $31.22 and a one year high of $45.62. The company has a 50 day moving average price of $36.75 and a 200 day moving average price of $36.40.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The business had revenue of $776.80 million during the quarter. Sell-side analysts anticipate that Vontier will post 3.13 EPS for the current year.

Institutional Investors Weigh In On Vontier

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Global X Japan Co. Ltd. grew its position in shares of Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after buying an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Vontier during the 3rd quarter valued at $40,000. Lazard Asset Management LLC acquired a new position in Vontier during the 4th quarter worth $73,000. Farther Finance Advisors LLC increased its position in shares of Vontier by 44.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock worth $83,000 after purchasing an additional 700 shares during the last quarter. Finally, Covestor Ltd raised its stake in shares of Vontier by 66.8% in the 4th quarter. Covestor Ltd now owns 2,437 shares of the company’s stock valued at $89,000 after purchasing an additional 976 shares in the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Company Profile

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.