Vontier Corporation (NYSE: VNT) is -8.03% lower on its value in year-to-date trading and has touched a low of $31.22 and a high of $45.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VNT stock was last observed hovering at around $34.20 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $33.54, the stock is -1.25% and -8.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing -1.93% at the moment leaves the stock -8.07% off its SMA200. VNT registered -24.58% loss for a year compared to 6-month gain of 0.81%. The firm has a 50-day simple moving average (SMA 50) of $36.5734 and a 200-day simple moving average (SMA200) of $36.4859.
The stock witnessed a -11.34% loss in the last 1 month and extending the period to 3 months gives it a -8.91%, and is -1.03% 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 2.11% over the week and 2.89% over the month.
Vontier Corporation (VNT) has around 8000 employees, a market worth around $4.99B and $2.98B in sales. Current P/E ratio is 12.21 and Fwd P/E is 9.78. Profit margin for the company is 14.17%. Distance from 52-week low is 7.43% and -26.48% from its 52-week high. The company has generated returns on investments over the last 12 months (13.28%).
The EPS is expected to grow by 7.39% this year
654.0 institutions hold shares in Vontier Corporation (VNT), with institutional investors hold 102.84% of the company’s shares. The shares outstanding are 149.30M, and float is at 147.70M with Short Float at 1.97%. Institutions hold 102.35% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.5 million shares valued at $630.12 million. The investor’s holdings represent 10.6766 of the VNT Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 14.58 million shares valued at $557.12 million to account for 9.4457 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 13.71 million shares representing 8.8807 and valued at over $523.79 million, while FRANKLIN RESOURCES INC holds 5.6421 of the shares totaling 8.71 million with a market value of $332.78 million.
