Valvoline (VVV) to Release Earnings on Thursday

Valvoline (NYSE:VVV) will likely be announcing its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $398.80 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Valvoline Stock Down 1.4 %

Valvoline stock opened at $36.61 on Tuesday. Valvoline has a twelve month low of $33.86 and a twelve month high of $48.26. The firm has a 50 day moving average price of $37.20 and a 200-day moving average price of $40.12. The company has a market capitalization of $4.70 billion, a P/E ratio of 22.60 and a beta of 1.45. The company has a quick ratio of 0.61, a current ratio of 0.72 and a debt-to-equity ratio of 5.77.

Analyst Ratings Changes

VVV has been the topic of several recent analyst reports. Stifel Nicolaus initiated coverage on shares of Valvoline in a research note on Friday, December 20th. They issued a “hold” rating and a $42.00 target price on the stock. Wells Fargo & Company lowered their target price on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 20th. Stephens initiated coverage on shares of Valvoline in a research note on Tuesday, October 15th. They issued an “overweight” rating and a $49.00 target price on the stock. Mizuho lowered their target price 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. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $38.00 target price (down from $42.00) on shares of Valvoline in a research note on Tuesday, January 21st. Three 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, Valvoline has a consensus rating of “Moderate Buy” and a consensus price target of $44.89.

Insider Activity at Valvoline

In other Valvoline news, CTO Robert Travis Dobbins sold 1,914 shares of Valvoline stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $40.00, for a total value of $76,560.00. Following the transaction, the chief technology officer now directly owns 14,956 shares of the company’s stock, valued at approximately $598,240. The trade was a 11.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles M. Sonsteby purchased 10,000 shares of the business’s stock in a transaction on Monday, November 25th. The stock was purchased at an average cost of $39.50 per share, for a total transaction of $395,000.00. Following the completion of the acquisition, the director now directly owns 26,437 shares of the company’s stock, valued at approximately $1,044,261.50. The trade was a 60.84 % increase in their position. The disclosure for this purchase can be found here. 0.66% of the stock is owned by insiders.

About Valvoline

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.