Vontier Corporation (VNT) Down -25.73% From Its 52-Week High, But Growth Potential Is Changing Over Time

Vontier Corporation (NYSE:VNT) currently has a daily average trading volume of 901.41K but it saw 955914 shares traded in last market. With a market cap of 5.21B USD, the company’s current market price of $33.88 came rising about 1.04 while comparing to the previous closing price of $33.53. 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 $32.91 while lowest mark touched by it was $33.9.

Taking a look at 20-day trading activity of Vontier Corporation (VNT) gives us an average price of $33.44, while its current price level is -25.73% below from 52-week high level whereas it is 17.46% 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 $33.61 while that of 200 days or SMA-200 reads an average of $38.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.89% during that period while stretching the period over a month that decreases to 1.84%. 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 52.78 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 2.57% up while it is 6.04% when we observe its performance for the past one month. Year-to-date it is -1.94% down and over the past year, the stock is showing an upside performance of 7.76%.

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 13.06 while having a 10.68 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 5.13 while price to sale or P/S ratio amounts to 1.73. Its return on asset (ROA) is 9.56% on average.