Valvoline (NYSE:VVV) had its price objective boosted by research analysts at JPMorgan Chase & Co. from $22.00 to $23.00 in a research report issued to clients and investors on Monday. The firm presently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 1.67% from the company’s current price.

Several other research analysts have also recently commented on the company. Zacks Investment Research reissued a “buy” rating and set a $27.00 target price on shares of Valvoline in a research note on Saturday. Morgan Stanley lowered their target price on Valvoline from $28.00 to $27.00 and set an “equal weight” rating for the company in a research note on Friday, February 9th. Longbow Research boosted their target price on Valvoline from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, December 21st. ValuEngine cut Valvoline from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Seaport Global Securities cut Valvoline from a “buy” rating to a “neutral” rating and set a $26.00 target price for the company. in a research note on Wednesday, November 22nd. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Valvoline presently has a consensus rating of “Hold” and a consensus price target of $25.86.

Valvoline (NYSE VVV) opened at $23.39 on Monday. Valvoline has a one year low of $20.99 and a one year high of $25.63. The company has a market capitalization of $4,637.52, a price-to-earnings ratio of 21.48, a P/E/G ratio of 2.02 and a beta of 0.84. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of -5.91.

Valvoline (NYSE:VVV) last released its earnings results on Wednesday, February 7th. The basic materials company reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.01. Valvoline had a negative return on equity of 148.14% and a net margin of 10.37%. The firm had revenue of $545.00 million during the quarter, compared to analysts’ expectations of $530.10 million. During the same period in the previous year, the firm posted $0.35 EPS. Valvoline’s revenue for the quarter was up 11.5% on a year-over-year basis. analysts anticipate that Valvoline will post 1.34 earnings per share for the current fiscal year.

In other news, insider Anthony R. Puckett sold 4,294 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $24.33, for a total transaction of $104,473.02. Following the completion of the transaction, the insider now directly owns 6,192 shares of the company’s stock, valued at approximately $150,651.36. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Thomas A. Gerrald II sold 3,800 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $24.61, for a total value of $93,518.00. Following the transaction, the senior vice president now directly owns 77 shares of the company’s stock, valued at $1,894.97. The disclosure for this sale can be found here. Corporate insiders own 0.59% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its position in shares of Valvoline by 6,818.0% during the 4th quarter. Renaissance Technologies LLC now owns 1,015,073 shares of the basic materials company’s stock worth $25,438,000 after acquiring an additional 1,000,400 shares in the last quarter. Golden Gate Private Equity Inc. boosted its position in shares of Valvoline by 15.7% during the 4th quarter. Golden Gate Private Equity Inc. now owns 153,300 shares of the basic materials company’s stock worth $3,842,000 after acquiring an additional 20,799 shares in the last quarter. ETRADE Capital Management LLC boosted its position in shares of Valvoline by 10.1% during the 4th quarter. ETRADE Capital Management LLC now owns 45,418 shares of the basic materials company’s stock worth $1,138,000 after acquiring an additional 4,150 shares in the last quarter. Channing Capital Management LLC boosted its position in shares of Valvoline by 9.7% during the 4th quarter. Channing Capital Management LLC now owns 502,983 shares of the basic materials company’s stock worth $12,604,000 after acquiring an additional 44,545 shares in the last quarter. Finally, WINTON GROUP Ltd boosted its position in shares of Valvoline by 173.1% during the 4th quarter. WINTON GROUP Ltd now owns 258,679 shares of the basic materials company’s stock worth $6,482,000 after acquiring an additional 163,954 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

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Valvoline Company Profile

Valvoline Inc (Valvoline) is engaged in the production and distribution of automotive, commercial and industrial lubricants, and automotive chemicals. The Company operates through three segments: Core North America, Quick Lubes and International. The Core North America segment sells Valvoline, and other branded and private label products in the United States and Canada to both consumers performing their own automotive maintenance, referred to as Do-It-Yourself (DIY) consumers, as well as, to installer customers using Valvoline products to service vehicles owned by Do-It-For-Me (DIFM) consumers.

Analyst Recommendations for Valvoline (NYSE:VVV)

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