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

Vontier Co. (NYSE:VNT) has received an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $44.75.

A number of analysts recently weighed in on the stock. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a research report on Thursday, December 12th. Barclays upped their price target on shares of Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday. UBS Group initiated coverage on shares of Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Finally, Citigroup reduced their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th.

Vontier Price Performance

VNT stock opened at $39.32 on Tuesday. Vontier has a 1 year low of $31.22 and a 1 year high of $45.62. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. The stock’s 50 day moving average price is $37.69 and its 200 day moving average price is $36.14. The firm has a market cap of $5.91 billion, a P/E ratio of 15.06, a PEG ratio of 1.75 and a beta of 1.26.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $776.80 million for the quarter. Vontier had a return on equity of 45.48% and a net margin of 13.54%. On average, sell-side analysts expect that Vontier will post 2.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Global X Japan Co. Ltd. raised its holdings in shares of Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after purchasing an additional 431 shares in the last quarter. International Assets Investment Management LLC raised its holdings in Vontier by 2,976.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after acquiring an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. bought a new position in Vontier in the 3rd quarter worth $37,000. Wilmington Savings Fund Society FSB bought a new position in Vontier in the 3rd quarter worth $40,000. Finally, Covestor Ltd raised its holdings in Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after acquiring an additional 395 shares during the period. Institutional investors and hedge funds own 95.83% of the company’s stock.

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.