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

Vontier Co. (NYSE:VNT) has received a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $44.63.

VNT has been the subject of several recent analyst reports. UBS Group started coverage on Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price for the company. Citigroup reduced their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a research note on Thursday, December 12th. Finally, Barclays cut their target price on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VNT. Wedge Capital Management L L P NC raised its stake in shares of Vontier by 18.5% in the third quarter. Wedge Capital Management L L P NC now owns 374,117 shares of the company’s stock valued at $12,623,000 after acquiring an additional 58,362 shares during the last quarter. Integrated Investment Consultants LLC increased its holdings in Vontier by 14.7% during the 4th quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company’s stock valued at $2,461,000 after purchasing an additional 8,657 shares in the last quarter. Mackenzie Financial Corp raised its position in Vontier by 9.8% in the 2nd quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company’s stock valued at $97,078,000 after purchasing an additional 227,388 shares during the last quarter. Holocene Advisors LP acquired a new position in Vontier in the third quarter worth $1,349,000. Finally, Marshall Wace LLP bought a new stake in shares of Vontier during the second quarter worth $1,874,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Price Performance

Shares of NYSE:VNT opened at $38.63 on Friday. The business has a fifty day simple moving average of $37.76 and a 200 day simple moving average of $36.26. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. Vontier has a 1 year low of $31.22 and a 1 year high of $45.62. The firm has a market cap of $5.80 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 1.75 and a beta of 1.26.

Vontier (NYSE:VNT) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The firm had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. During the same period in the prior year, the company posted $0.73 earnings per share. Vontier’s revenue for the quarter was down 2.0% on a year-over-year basis. As a group, sell-side analysts predict that Vontier will post 2.88 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st were given a dividend of $0.025 per share. The ex-dividend date was Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.26%. Vontier’s dividend payout ratio (DPR) is currently 3.83%.

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.