Vontier (NYSE:VNT) Reaches New 12-Month Low – Time to Sell?

Vontier Co. (NYSE:VNT) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $30.17 and last traded at $30.31, with a volume of 225977 shares. The stock had previously closed at $33.65.

Wall Street Analysts Forecast Growth

VNT has been the topic of a number of research analyst reports. Robert W. Baird upped 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. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a report on Thursday, December 12th. UBS Group began coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price on the stock. Citigroup decreased their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Barclays dropped their price objective on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 26th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

Vontier Stock Down 9.6 %

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 company has a market capitalization of $4.52 billion, a PE ratio of 11.06, a P/E/G ratio of 1.23 and a beta of 1.26. The company’s 50-day moving average is $36.22 and its 200 day moving average is $36.41.

Vontier (NYSE:VNT) last announced 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 company had revenue of $776.80 million during the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. As a group, analysts anticipate that Vontier Co. will post 3.13 EPS for the current year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date was Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is 3.64%.

Institutional Trading of Vontier

Institutional investors have recently made changes to their positions in the stock. Townsquare Capital LLC bought a new position in Vontier during the third quarter valued at approximately $205,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Vontier by 0.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 459,835 shares of the company’s stock valued at $15,515,000 after buying an additional 3,336 shares during the period. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Vontier by 18.6% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 10,094 shares of the company’s stock worth $341,000 after buying an additional 1,581 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Vontier by 55.5% in the third quarter. Benjamin Edwards Inc. now owns 12,017 shares of the company’s stock worth $405,000 after acquiring an additional 4,288 shares during the period. Finally, Holocene Advisors LP purchased a new stake in Vontier during the third quarter valued at $1,349,000. 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.