Valvoline (NYSE:VVV) Hits New 12-Month Low – Here’s Why

Valvoline (NYSE:VVV) shares reached a new 52-week low on Monday . The stock traded as low as $26.69 and last traded at $26.6160, with a volume of 5271305 shares. The stock had previously closed at $26.76.

Analysts Set New Price Targets

VVV has been the topic of several recent analyst reports. TD Cowen restated a “buy” rating on shares of Valvoline in a report on Wednesday, August 19th. Weiss Ratings raised Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Royal Bank Of Canada raised their price objective on shares of Valvoline from $46.00 to $49.00 and gave the stock an “outperform” rating in a research report on Friday, September 11th. Wells Fargo & Company lifted their price objective on shares of Valvoline from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Finally, New Street Research set a $47.00 target price on shares of Valvoline in a research note on Monday, July 20th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $43.06.

Valvoline Trading Down 1.5%

The business has a fifty day moving average of $34.55 and a 200-day moving average of $34.90. The company has a debt-to-equity ratio of 3.77, a quick ratio of 0.58 and a current ratio of 0.70. The company has a market capitalization of $3.36 billion, a P/E ratio of 33.04 and a beta of 0.99.

Valvoline (NYSE:VVV) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.07. Valvoline had a net margin of 5.17% and a return on equity of 65.12%. The firm had revenue of $544.60 million for the quarter, compared to the consensus estimate of $543.21 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The business’s revenue was up 24.1% on a year-over-year basis. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. Analysts anticipate that Valvoline will post 1.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jonathan L. Caldwell sold 2,851 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $40.00, for a total value of $114,040.00. Following the completion of the sale, the insider owned 20,918 shares in the company, valued at $836,720. This represents a 11.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jordan M. Denny bought 1,506 shares of the stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average price of $33.20 per share, with a total value of $49,999.20. Following the acquisition, the chief accounting officer owned 4,121 shares of the company’s stock, valued at $136,817.20. The trade was a 57.59% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.66% of the company’s stock.

Institutional Investors Weigh In On Valvoline

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. MAC Alpha Capital Management LP boosted its stake in shares of Valvoline by 22.0% in the 2nd quarter. MAC Alpha Capital Management LP now owns 139,356 shares of the basic materials company’s stock worth $5,511,000 after buying an additional 25,100 shares during the last quarter. Bullseye Investment Management LLC purchased a new stake in shares of Valvoline during the second quarter valued at approximately $54,000. Junto Capital Management LP purchased a new stake in shares of Valvoline during the second quarter valued at approximately $81,689,000. Integrated Wealth Concepts LLC bought a new stake in Valvoline during the second quarter worth $35,000. Finally, NewEdge Advisors LLC boosted its position in Valvoline by 8.1% in the second quarter. NewEdge Advisors LLC now owns 10,679 shares of the basic materials company’s stock worth $422,000 after purchasing an additional 796 shares during the last quarter. Hedge funds and other institutional investors own 96.13% of the company’s stock.

About Valvoline

Valvoline Inc (NYSE: VVV) is an automotive maintenance company focused on quick, convenient vehicle services. Through its company-operated and franchised service centers, the company provides oil changes and other routine maintenance designed to help extend vehicle performance and reliability.

Its services generally include conventional and synthetic oil changes, tire rotations, battery replacement, air-filter and wiper-blade replacement, fluid services, and other preventive maintenance.