Valvoline (NYSE:VVV) Receives $42.62 Average PT from Analysts

Shares of Valvoline (NYSE:VVV) have earned a consensus recommendation of “Moderate Buy” from the sixteen ratings firms that are presently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $42.6154.

A number of equities research analysts recently weighed in on VVV shares. Stephens increased their price objective on shares of Valvoline from $40.00 to $44.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Valvoline in a research report on Wednesday, October 8th. Piper Sandler increased their price target on Valvoline from $44.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, September 8th. Zacks Research raised Valvoline to a “hold” rating in a research note on Tuesday, August 12th. Finally, Wall Street Zen downgraded Valvoline from a “hold” rating to a “sell” rating in a report on Friday, September 26th.

Insider Activity at Valvoline

In other news, CFO J Kevin Willis purchased 12,725 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The shares were acquired at an average cost of $39.41 per share, for a total transaction of $501,492.25. Following the transaction, the chief financial officer directly owned 12,725 shares of the company’s stock, valued at approximately $501,492.25. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.66% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VVV. Coldstream Capital Management Inc. raised its holdings in Valvoline by 3.7% in the second quarter. Coldstream Capital Management Inc. now owns 7,419 shares of the basic materials company’s stock worth $281,000 after purchasing an additional 262 shares during the period. Orion Porfolio Solutions LLC increased its position in shares of Valvoline by 1.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 28,510 shares of the basic materials company’s stock valued at $1,080,000 after buying an additional 277 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Valvoline by 14.9% in the 3rd quarter. GAMMA Investing LLC now owns 2,348 shares of the basic materials company’s stock valued at $84,000 after buying an additional 304 shares in the last quarter. L. Roy Papp & Associates LLP raised its stake in Valvoline by 2.0% during the 2nd quarter. L. Roy Papp & Associates LLP now owns 18,440 shares of the basic materials company’s stock worth $698,000 after buying an additional 360 shares during the period. Finally, Isthmus Partners LLC lifted its holdings in Valvoline by 4.2% during the first quarter. Isthmus Partners LLC now owns 9,544 shares of the basic materials company’s stock worth $332,000 after acquiring an additional 387 shares in the last quarter. Institutional investors and hedge funds own 96.13% of the company’s stock.

Valvoline Price Performance

Shares of VVV stock opened at $31.61 on Monday. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 14.70 and a beta of 1.20. Valvoline has a 12 month low of $30.77 and a 12 month high of $43.74. The company has a quick ratio of 0.60, a current ratio of 0.73 and a debt-to-equity ratio of 3.37. The stock has a 50-day moving average price of $36.05 and a 200 day moving average price of $36.37.

Valvoline (NYSE:VVV) last released its earnings results on Wednesday, August 6th. The basic materials company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. Valvoline had a net margin of 16.43% and a return on equity of 84.85%. The company had revenue of $439.00 million for the quarter, compared to the consensus estimate of $436.35 million. During the same period in the prior year, the company posted $0.45 EPS. The company’s revenue was up 4.2% compared to the same quarter last year. Research analysts expect that Valvoline will post 1.63 EPS for the current year.

About Valvoline

Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.