Jefferies raised the price target for the Valvoline Inc. (NYSE:VVV) stock from “a Hold” to “a Buy”. The rating was released on April 19, 2021. We previously noted in another research note published on February 04, 2021 by Monness Crespi & Hardt that reiterated the stock to a Buy with a price target of $30 for VVV stock. The stock was upgraded by JP Morgan, who disclosed in a research note on August 05, 2020, from Neutral to Overweight and set the price objective to $26. In their research brief published June 04, 2020, SunTrust analysts upgraded the Valvoline Inc. stock from Hold to Buy with a price target of $23.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.46 during the last quarter as opposed to a consensus estimate of $0.37, which indicates the company beat its estimate by $0.09, which implies that the company surprised the market by 24.30%. It appears that the average earnings per share estimate for the current quarter (ending in Jun 2021) is $0.4. This is an average of 7 analysts’ earnings, where the high earnings per share estimate is $0.44 and the low earnings per share estimate is $0.34. According to 4 analyst estimates, an average revenue estimate of $705.56M is projected for the current quarter with a high revenue estimate of $762M and a low estimate of $683.4M.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Valvoline Inc. (NYSE:VVV) raised 7.33% to close Thursday’s market session at $31.19, higher as compared to yesterday’s close. The stock price fluctuated between $30.02 and $31.29 throughout the trading session with the volume trading being 2616583 shares, which represented a significant variation when compared to the three months average volume of 1.51 million shares. The firm’s stock price fluctuated 9.25% within the last five trades and 18.19% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 65.03% in the last 6 months and 29.96% was added to its value over the previous 3 months. VVV stock is trading at a margin of 13.92%, 18.33% and 35.85% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, VVV deals in the Energy domain. The stock is trading 6.20 percent below its 52-week high and 110.60 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 93.76. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Valvoline Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 18.60 percent and the profit margin is 13.80 percent, and the company has reported a gross margin of 36.70 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $5.61 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Valvoline Inc. (NYSE:VVV) is 17.58. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 16.91. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 2.34 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.20 percent of Valvoline Inc. shares are owned by insiders, and 96.50 percent are held by financial institutions. Puckett Anthony R., the SVP, President, Quick Lubes at Valvoline Inc. (VVV) has sold 6,212 shares of firm on Feb 25 at a price of $25.01 against the total amount of $0.16 million. In another inside trade, Moughler Craig A., SVP and CSCO of Valvoline Inc. (NYSE:VVV) sold 1,600 shares of the firm on Dec 01 for a total worth of $37200.0 at a price of $23.25. An inside trade which took place on Nov 30, SVP, President, Quick Lubes of Valvoline Inc. Puckett Anthony R. sold 1,600 shares of firm against total price of $36352.0 at the cost of $22.72 per share.