Valvoline (VVV) Expected to Post Q3 2016 Earnings of $0.28 Per Share
Valvoline (NYSE:VVV) – Analysts at Seaport Global Securities issued their Q3 2016 earnings per share estimates for shares of Valvoline in a note issued to investors on Monday. Seaport Global Securities analyst M. Harrison forecasts that the brokerage will post earnings of $0.28 per share for the quarter. Seaport Global Securities has a “Buy” rating and a $27.00 price objective on the stock. Seaport Global Securities also issued estimates for Valvoline’s Q4 2016 earnings at $0.26 EPS, Q1 2017 earnings at $0.29 EPS, Q2 2017 earnings at $0.33 EPS and Q3 2017 earnings at $0.30 EPS.
A number of other analysts have also recently weighed in on the stock. Monness Crespi & Hardt began coverage on shares of Valvoline in a report on Tuesday. They set a “buy” rating and a $27.00 target price for the company. Gabelli began coverage on shares of Valvoline in a report on Wednesday, September 21st. They set a “buy” rating and a $29.00 target price for the company.
Shares of Valvoline (NYSE:VVV) opened at 23.50 on Thursday. Valvoline has a 1-year low of $23.00 and a 1-year high of $24.51. The firm’s 50-day moving average price is $23.62 and its 200 day moving average price is $23.62.
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