Shares of Valvoline (NYSE:VVV – Get Free Report) have received a consensus rating of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $43.06.
Several analysts have recently weighed in on the stock. Zacks Research downgraded shares of Valvoline from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Barclays lifted their price target on shares of Valvoline from $35.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Benchmark began coverage on shares of Valvoline in a research report on Wednesday, August 19th. They issued a “buy” rating and a $48.00 price target for the company. Weiss Ratings upgraded shares of Valvoline from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Valvoline in a report on Thursday, July 16th.
Read Our Latest Research Report on VVV
Valvoline Price Performance
Valvoline (NYSE:VVV – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.07. The firm had revenue of $544.60 million during the quarter, compared to the consensus estimate of $543.21 million. Valvoline had a return on equity of 65.12% and a net margin of 5.17%.The firm’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.47 earnings per share. Valvoline has set its FY 2026 guidance at 1.700-1.750 EPS. As a group, equities research analysts forecast that Valvoline will post 1.76 EPS for the current fiscal year.
Valvoline announced that its Board of Directors has initiated a share repurchase plan on Tuesday, September 29th that permits the company to repurchase $175.00 million in shares. This repurchase authorization permits the basic materials company to repurchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.
Insider Buying and Selling
In other news, CAO Jordan Denny purchased 1,506 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were bought at an average price of $33.20 per share, with a total value of $49,999.20. Following the completion of the transaction, the chief accounting officer directly owned 4,121 shares in the company, valued at approximately $136,817.20. This represents a 57.59% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Julie O’Daniel sold 3,700 shares of Valvoline stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $33.81, for a total value of $125,097.00. Following the transaction, the insider directly owned 14,279 shares in the company, valued at approximately $482,772.99. This trade represents a 20.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.66% of the company’s stock.
Institutional Trading of Valvoline
Several institutional investors and hedge funds have recently bought and sold shares of the business. B. Metzler seel. Sohn & Co. AG purchased a new position in Valvoline during the 2nd quarter worth $3,715,000. Fiduciary Management Inc. WI raised its holdings in shares of Valvoline by 4.6% in the fourth quarter. Fiduciary Management Inc. WI now owns 4,972,363 shares of the basic materials company’s stock valued at $144,497,000 after buying an additional 220,642 shares during the last quarter. Norges Bank purchased a new stake in shares of Valvoline in the fourth quarter valued at about $39,651,000. Vaughan Nelson Investment Management L.P. boosted its stake in shares of Valvoline by 6.7% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 2,881,998 shares of the basic materials company’s stock worth $97,066,000 after buying an additional 182,060 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Valvoline during the second quarter worth about $3,640,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.
Valvoline Company Profile
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.
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