Vontier Co. (NYSE:VNT) Receives $44.75 Average Target Price from Brokerages

Vontier Co. (NYSE:VNT) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $45.43.

A number of equities analysts recently commented on the company. Citigroup decreased their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. UBS Group assumed coverage on Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price on the stock. Robert W. Baird raised their target price on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 18th. Barclays raised their target price on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Finally, Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a report on Thursday, December 12th.

Vontier Price Performance

NYSE VNT opened at $37.76 on Tuesday. The business’s fifty day moving average price is $37.67 and its 200-day moving average price is $36.30. The stock has a market capitalization of $5.61 billion, a price-to-earnings ratio of 13.73, a PEG ratio of 1.23 and a beta of 1.26. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. Vontier has a 1-year low of $31.22 and a 1-year high of $45.62.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, equities analysts predict that Vontier will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier’s payout ratio is 3.64%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Global X Japan Co. Ltd. grew its position in Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 431 shares in the last quarter. International Assets Investment Management LLC grew its position in Vontier by 2,976.5% in the third 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 in the last quarter. Hazlett Burt & Watson Inc. purchased a new position in Vontier in the third quarter worth about $37,000. Wilmington Savings Fund Society FSB purchased a new position in Vontier in the third quarter worth about $40,000. Finally, Covestor Ltd grew its position in Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after acquiring an additional 395 shares in the last quarter. Hedge funds and other institutional investors 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.