Zacks Funding Analysis Downgrades Valvoline (VVV) To Sell
Zacks Investment Analysis minimize shares of Valvoline (NYSE:VVV) from a hold score to a sell rating in a research note published on Tuesday, November 28th.
A variety of other equities research analysts have also not too long ago current heating oil price in ct issued reviews on the inventory. Morgan Stanley upped their price goal on shares of Valvoline from $25.00 to $26.00 and gave the inventory an equal weight rating in a report on Friday, November 10th. Seaport Global Securities lowered shares of Valvoline from a purchase rating to a impartial rating and set a $26.00 goal worth for the company. in a analysis report on Wednesday, November 22nd. SunTrust Banks reissued a hold score and set a $25.00 goal worth on shares of Valvoline in a research report on Friday, November tenth. Finally, J P Morgan Chase & Co reissued a neutral rating and set a $22.00 goal worth (up previously from $20.00) on shares of Valvoline in a analysis report on Wednesday, August ninth. One equities analysis analyst has rated the inventory with a promote score, six have given a hold ranking and one has assigned a buy score to the company’s stock. Valvoline presently has a consensus rating of Hold and a consensus value target of $25.29.
Valvoline (NYSE VVV) traded down $zero.01 throughout midday trading on Tuesday, reaching $24.51. 1,203,017 shares of the company’s inventory traded fingers, in comparison with its common volume of Petroleum 1,361,880. Valvoline has a 12-month low of $20.Forty and a 12-month excessive of $25.07. The corporate has a debt-to-fairness ratio of -8.Eighty four, a fast ratio of 1.29 and a present ratio of 1.Sixty five. The stock has a market cap of $4,965.98, a PE ratio of 17.Sixty four, a worth-to-earnings-growth ratio of 2.32 and a beta of 1.Sixty two.
Valvoline (NYSE:VVV) final posted its quarterly earnings knowledge on Wednesday, November 8th. The fundamental materials firm reported $0.33 earnings per share for the quarter, lacking the consensus estimate of $zero.34 by ($0.01). Valvoline had a detrimental return on fairness of 137.91% and a net margin of 14.59%. The agency had revenue of $547.00 million for the quarter, in comparison with analysts’ expectations of $528.14 million. Throughout the same quarter in the earlier 12 months, the agency posted $0.35 earnings per share. The company’s revenue for the quarter was up 10.7% on a yr-over-12 months basis. equities research analysts expect that Valvoline will put up 1.27 earnings per share for the present fiscal year.
The agency also recently announced a quarterly dividend, which shall be paid on Friday, December 15th. Traders of document on Friday, December 1st will be paid a $0.0745 dividend. The ex-dividend date is Thursday, November 30th. This represents a $zero.30 dividend on an annualized basis and a yield of 1.22%. This is a lift from Valvoline’s previous quarterly dividend of $zero.05. Valvoline’s payout ratio is presently 20.Thirteen%.
In associated information, SVP Thomas A. Gerrald II bought three,800 shares of the company’s inventory in a transaction dated current heating oil price in ct Friday, December 1st. The shares have been bought at a median value of $24.Sixty one, for a complete worth of $ninety three,518.00. Following the sale, the senior vice president now owns 77 shares of the company’s stock, valued at $1,894.97. The transaction was disclosed in a legal filing with the SEC, which is accessible via this hyperlink. Additionally, insider Anthony R. Puckett sold 4,294 shares of the company’s inventory in a transaction dated Monday, November 20th. The shares had been bought at a mean value of $24.33, for a complete transaction of $104,473.02. Following the completion of the sale, the insider now immediately owns 6,192 shares in the corporate, valued at roughly $a hundred and fifty,651.36. The disclosure for this sale will be discovered here. Insiders personal 0.07% of the company’s inventory.
Numerous institutional traders have recently modified their holdings of VVV. Chicago Companions Funding Group LLC grew its stake in shares of Valvoline by 600.2% through the third quarter. Chicago Partners Investment Group LLC now owns 6,four hundred shares of the essential supplies company’s inventory valued at $150,000 after buying a further 5,486 shares during the final quarter. California Public Employees Retirement System grew its stake in shares of Valvoline by 1.6% through the third quarter. California Public Workers Retirement System now owns 374,500 shares of the basic materials company’s stock valued at $eight,782,000 after purchasing an additional 6,000 shares through the last quarter. Patten Group Inc. grew its stake in shares of Valvoline by 900.3% in the course of the third quarter. Patten Group Inc. now owns 98,831 shares of the essential supplies company’s current heating oil price in ct inventory valued at $1,341,000 after purchasing a further 88,951 shares throughout the last quarter. Zions Bancorporation grew its stake in shares of Valvoline by 70.4% throughout the third quarter. Zions Bancorporation now owns eleven,907 shares of the essential materials company’s stock valued at $279,000 after purchasing an additional 4,918 shares in the course of the final quarter. Lastly, Janus Henderson Group PLC grew its stake in shares of Valvoline by 17.2% during the third quarter. Janus Henderson Group PLC now owns 5,875,735 shares of the essential materials company’s stock valued at $137,784,000 after purchasing an extra 860,388 shares during the final quarter. Ninety two.19% of the stock is at the moment owned by hedge funds and other institutional buyers.
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