Vontier Co. (VNT) To Go Ex-Dividend on November 21st

Vontier Co. (NYSE:VNT) declared a quarterly dividend on Wednesday, November 6th,NASDAQ Dividends reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.025 per share on Thursday, December 12th. This represents a $0.10 annualized dividend and a yield of 0.27%. The ex-dividend date is Thursday, November 21st.

Vontier has a dividend payout ratio of 3.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Vontier to earn $3.16 per share next year, which means the company should continue to be able to cover its $0.10 annual dividend with an expected future payout ratio of 3.2%.

Vontier Stock Performance

NYSE:VNT opened at $37.62 on Tuesday. The firm has a market capitalization of $5.65 billion, a P/E ratio of 14.41, a P/E/G ratio of 1.78 and a beta of 1.25. Vontier has a twelve month low of $31.22 and a twelve month high of $45.62. The company has a fifty day moving average of $35.04 and a 200-day moving average of $36.78. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The company had revenue of $750.00 million for the quarter, compared to analysts’ expectations of $729.23 million. During the same quarter in the prior year, the firm earned $0.73 EPS. The business’s revenue was down 2.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Vontier will post 2.89 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VNT shares. Argus cut Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Evercore ISI dropped their price objective on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Robert W. Baird decreased their target price on shares of Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Finally, Barclays raised their price target on shares of Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

About Vontier

Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.