Valvoline (NYSE:VVV) Sets New 1-Year Low After Earnings Miss

Valvoline (NYSE:VVV) reached a new 52-week low during trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $30.71 and last traded at $30.1980, with a volume of 43419 shares traded. The stock had previously closed at $31.42.

The basic materials company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.02). The business had revenue of $435.50 million for the quarter, compared to the consensus estimate of $455.70 million. Valvoline had a net margin of 16.43% and a return on equity of 84.85%. During the same quarter in the previous year, the business earned $0.46 earnings per share. Valvoline has set its FY 2026 guidance at 1.600-1070.000 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on VVV. TD Cowen lowered their target price on Valvoline from $45.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday. The Goldman Sachs Group decreased their price target on Valvoline from $47.00 to $41.00 and set a “buy” rating on the stock in a research note on Thursday. Royal Bank Of Canada lowered their price objective on Valvoline from $48.00 to $44.00 and set an “outperform” rating for the company in a research report on Thursday. Wall Street Zen cut shares of Valvoline from a “hold” rating to a “sell” rating in a report on Friday, September 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Valvoline in a research note on Wednesday. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Valvoline has a consensus rating of “Moderate Buy” and an average price target of $38.85.

Hedge Funds Weigh In On Valvoline

Several hedge funds have recently made changes to their positions in the business. Cooke & Bieler LP bought a new position in shares of Valvoline during the second quarter valued at approximately $110,501,000. Boston Partners purchased a new position in Valvoline during the 1st quarter valued at $82,748,000. Norges Bank bought a new position in Valvoline in the 2nd quarter worth $57,739,000. Mawer Investment Management Ltd. raised its holdings in Valvoline by 118.8% in the 2nd quarter. Mawer Investment Management Ltd. now owns 2,678,878 shares of the basic materials company’s stock worth $101,449,000 after purchasing an additional 1,454,458 shares in the last quarter. Finally, Channing Capital Management LLC lifted its position in shares of Valvoline by 189.8% in the 2nd quarter. Channing Capital Management LLC now owns 2,163,631 shares of the basic materials company’s stock worth $81,937,000 after purchasing an additional 1,417,156 shares during the period. 96.13% of the stock is owned by hedge funds and other institutional investors.

Valvoline Stock Performance

The company’s 50-day moving average price is $34.63 and its 200 day moving average price is $36.19. The stock has a market capitalization of $3.96 billion, a PE ratio of 14.48 and a beta of 1.20. The company has a debt-to-equity ratio of 3.37, a quick ratio of 0.60 and a current ratio of 0.73.

Valvoline Company Profile

Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.