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Valvoline Inc (VVV) Volatility At 3.88%, Should You Add A Position?

Valvoline Inc (NYSE: VVV) is 2.39% higher on its value in year-to-date trading and has touched a low of $33.86 and a high of $48.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VVV stock was last observed hovering at around $38.65 in the last trading session, with the day’s loss setting it -0.17%.

Currently trading at $38.48, the stock is -7.53% and -7.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing -0.44% at the moment leaves the stock -8.67% off its SMA200. VVV registered 11.44% gain for a year compared to 6-month gain of -6.26%. The firm has a 50-day simple moving average (SMA 50) of $41.4312 and a 200-day simple moving average (SMA200) of $42.12385.

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The stock witnessed a -7.92% loss in the last 1 month and extending the period to 3 months gives it a -7.14%, and is -9.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.88% over the week and 2.35% over the month.

Valvoline Inc (VVV) has around 10900 employees, a market worth around $4.96B and $1.62B in sales. Current P/E ratio is 23.76 and Fwd P/E is 19.65. Profit margin for the company is 13.06%. Distance from 52-week low is 13.64% and -20.27% from its 52-week high. The company has generated returns on investments over the last 12 months (13.78%).

The EPS is expected to grow by 3.97% this year

560.0 institutions hold shares in Valvoline Inc (VVV), with institutional investors hold 102.05% of the company’s shares. The shares outstanding are 134.80M, and float is at 128.06M with Short Float at 5.42%. Institutions hold 101.42% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.87 million shares valued at $555.89 million. The investor’s holdings represent 9.9135 of the VVV Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.27 million shares valued at $530.19 million to account for 9.4552 of the shares outstanding. The other top investors are WASATCH ADVISORS LP which holds 8.34 million shares representing 6.4251 and valued at over $360.28 million, while FMR LLC holds 5.0485 of the shares totaling 6.55 million with a market value of $283.09 million.

Valvoline Inc (VVV) Insider Activity

The most recent transaction is an insider sale by O’Daniel Julie Marie, the company’s Chief Legal Officer. SEC filings show that O’Daniel Julie Marie sold 2,500 shares of the company’s common stock on Aug 21 ’24 at a price of $41.11 per share for a total of $0.1 million. Following the sale, the insider now owns 14044.0 shares.

Still, SEC filings show that on Nov 28 ’23, Dobbins Robert Travis (Chief Technology Officer) disposed off 2,000 shares at an average price of $34.49 for $68973.0. The insider now directly holds 12,478 shares of Valvoline Inc (VVV).

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