Analysts Set Valvoline Inc. (NYSE:VVV) Target Price at $46.25

Shares of Valvoline Inc. (NYSE:VVV) have earned a consensus rating of “Buy” from the nine analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $46.25.

Several research analysts recently issued reports on VVV shares. Wells Fargo & Company decreased their price target on shares of Valvoline from $46.00 to $44.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. Robert W. Baird reduced their price objective on Valvoline from $48.00 to $46.00 and set an “outperform” rating for the company in a research report on Wednesday, November 20th. Morgan Stanley reduced their price objective on shares of Valvoline from $46.00 to $42.00 and set an “overweight” rating for the company in a research note on Wednesday, November 20th. Stephens began coverage on shares of Valvoline in a report on Tuesday, October 15th. They issued an “overweight” rating and a $49.00 price objective for the company. Finally, Mizuho lowered their price objective on shares of Valvoline from $50.00 to $46.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 20th.

Valvoline Price Performance

Shares of VVV stock opened at $37.78 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.72 and a debt-to-equity ratio of 5.77. The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 23.32 and a beta of 1.43. The business’s fifty day moving average is $40.54 and its 200 day moving average is $41.62. Valvoline has a twelve month low of $33.86 and a twelve month high of $48.26.

Insider Activity

In other Valvoline news, Director Charles M. Sonsteby purchased 10,000 shares of the company’s stock in a transaction on Monday, November 25th. The stock was acquired at an average cost of $39.50 per share, for a total transaction of $395,000.00. Following the purchase, the director now directly owns 26,437 shares of the company’s stock, valued at $1,044,261.50. This trade represents a 60.84 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Lori Ann Flees acquired 2,500 shares of Valvoline stock in a transaction dated Wednesday, November 27th. The shares were bought at an average price of $39.64 per share, for a total transaction of $99,100.00. Following the transaction, the chief executive officer now owns 38,428 shares of the company’s stock, valued at approximately $1,523,285.92. The trade was a 6.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.34% of the company’s stock.

Hedge Funds Weigh In On Valvoline

Several institutional investors have recently bought and sold shares of VVV. Blue Trust Inc. raised its position in Valvoline by 57.9% during the second quarter. Blue Trust Inc. now owns 728 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 267 shares during the period. MAI Capital Management boosted its stake in shares of Valvoline by 2.4% during the 3rd quarter. MAI Capital Management now owns 11,624 shares of the basic materials company’s stock worth $486,000 after purchasing an additional 268 shares during the period. UMB Bank n.a. boosted its position in shares of Valvoline by 92.1% during the third quarter. UMB Bank n.a. now owns 630 shares of the basic materials company’s stock valued at $26,000 after buying an additional 302 shares during the period. State of New Jersey Common Pension Fund D boosted its holdings in Valvoline by 0.7% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 47,602 shares of the basic materials company’s stock valued at $1,992,000 after acquiring an additional 313 shares during the period. Finally, Evergreen Capital Management LLC grew its holdings in shares of Valvoline by 6.1% in the second quarter. Evergreen Capital Management LLC now owns 6,292 shares of the basic materials company’s stock worth $272,000 after purchasing an additional 359 shares during the last quarter. Institutional investors own 96.13% of the company’s stock.

Valvoline Company Profile

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.