Media coverage about Valvoline (NYSE:VVV) has trended somewhat positive on Saturday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Valvoline earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 45.3995288675369 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s analysis:
- Valvoline Announces Opening of Company-Owned Quick-Lube Center in Greater Knoxville, Tennessee (finance.yahoo.com)
- Valvoline Inc.: Valvoline to Acquire Oil Changers, its Second Quick-Lube Acquisition in Canada (twst.com)
- Valvoline completes its second quick-lube acquisition in Canada (seekingalpha.com)
- Valvoline (VVV) Announces Acquisition of Oil Changers Inc. (streetinsider.com)
- Valvoline Undertakes Moves to Strengthen Quick-Lube Model (finance.yahoo.com)
NYSE VVV opened at $21.86 on Friday. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 17.10, a PEG ratio of 1.46 and a beta of 0.97. The company has a debt-to-equity ratio of -4.27, a current ratio of 1.86 and a quick ratio of 1.40. Valvoline has a 1-year low of $19.86 and a 1-year high of $25.63.
Valvoline (NYSE:VVV) last released its quarterly earnings results on Wednesday, August 1st. The basic materials company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.03). The firm had revenue of $577.00 million for the quarter, compared to analysts’ expectations of $591.49 million. Valvoline had a net margin of 10.10% and a negative return on equity of 124.61%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 EPS. research analysts forecast that Valvoline will post 1.29 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 31st will be issued a dividend of $0.0745 per share. This represents a $0.30 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, August 30th. Valvoline’s dividend payout ratio is presently 21.58%.
Several research firms recently issued reports on VVV. Morgan Stanley cut their target price on Valvoline from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Thursday, August 2nd. ValuEngine upgraded Valvoline from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th. Zacks Investment Research cut Valvoline from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. Seaport Global Securities reiterated a “hold” rating and set a $25.00 target price on shares of Valvoline in a research report on Tuesday, August 7th. Finally, Monness Crespi & Hardt cut their target price on Valvoline from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, August 3rd. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $25.43.
In other Valvoline news, insider Anthony R. Puckett sold 6,132 shares of the firm’s stock in a transaction that occurred on Tuesday, July 10th. The stock was sold at an average price of $21.72, for a total transaction of $133,187.04. Following the completion of the transaction, the insider now owns 5,445 shares in the company, valued at approximately $118,265.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.07% of the company’s stock.
Valvoline Company Profile
Valvoline Inc manufactures and markets engine and automotive maintenance products and services. It operates through three segments: Core North America, Quick Lubes, and International. The company offers lubricants for passenger car/light duty and heavy duty; antifreeze/coolants for original equipment manufacturers; functional and maintenance chemicals, such as brake fluids and power steering fluids, as well as specialty coatings for automotive and industrial applications comprising rust prevention and sound absorption; and oil and air filters for light-duty vehicles.
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