Vontier (VNT) Scheduled to Post Quarterly Earnings on Thursday

Vontier (NYSE:VNT) will release its earnings data before the market opens on Thursday, October 31st. Analysts expect Vontier to post earnings of $0.69 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.08). The business had revenue of $696.40 million for the quarter, compared to the consensus estimate of $746.43 million. Vontier had a net margin of 13.43% and a return on equity of 49.17%. Vontier’s revenue was down 8.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 earnings per share. On average, analysts expect Vontier to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Vontier Stock Performance

NYSE VNT opened at $33.91 on Wednesday. The business has a 50-day moving average price of $33.87 and a 200-day moving average price of $37.00. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 12.29, a price-to-earnings-growth ratio of 1.50 and a beta of 1.27. Vontier has a twelve month low of $28.97 and a twelve month high of $45.62. The company has a quick ratio of 1.26, a current ratio of 1.69 and a debt-to-equity ratio of 2.14.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.10 annualized dividend and a yield of 0.29%. Vontier’s payout ratio is 3.62%.

Analyst Ratings Changes

Several research firms have recently commented on VNT. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Evercore ISI decreased their price target on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Robert W. Baird cut their price objective on Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Finally, Barclays decreased their target price on Vontier from $50.00 to $44.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $44.25.

About Vontier

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.