Vontier Corporation (VNT): Uncovering A True Diamond In The Rough

Vontier Corporation (NYSE:VNT) currently has a daily average trading volume of 837.67K but it saw 937940 shares traded in last market. With a market cap of 5.09B USD, the company’s current market price of $33.11 came falling about -0.87 while comparing to the previous closing price of $33.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $45.62 and as low as $28.84. In the recent trading on the day, stock has struck highest price mark of $33.065 while lowest mark touched by it was $33.63.

Taking a look at 20-day trading activity of Vontier Corporation (VNT) gives us an average price of $34.19, while its current price level is -27.42% below from 52-week high level whereas it is 14.79% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $36.54 while that of 200 days or SMA-200 reads an average of $38.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.11% during that period while stretching the period over a month that decreases to 1.98%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.28 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on January 11, 2024 while assigning a price target range of $37-$40. UBS issued its recommendations for the stock as it initiated the price target for the stock is $38.

Over the week, VNT’s stock price is moving -4.44% down while it is 0.95% when we observe its performance for the past one month. Year-to-date it is -4.17% down and over the past year, the stock is showing an upside performance of 7.82%.

Currently, Vontier Corporation’s total number of outstanding shares is 154.30M. Company’s return on investment (ROI) stands at 12.45% and return on equity (ROE) at 47.14%. It has a price to earnings ratio (P/E ratio) of 12.77 while having a 10.46 of forward P/E ratio. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 5.01 while price to sale or P/S ratio amounts to 1.69. Its return on asset (ROA) is 9.56% on average.