Media stories about Valvoline (NYSE:VVV) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Valvoline earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 47.8061724608103 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- Investors can’t just brush off: Digital Realty Trust, Inc. (DLR), Valvoline Inc. (VVV) – Market Movers (financialqz.com)
- Valvoline Inc. (NYSE: VVV) – Eye-Catching Shares – Alpha Beta Stock (alphabetastock.com)
- Valvoline Inc. (VVV) SVP Sells $93,518.00 in Stock (americanbankingnews.com)
- Valvoline: A Dominant, Recession-Resistant Consumer Franchise … – Seeking Alpha (seekingalpha.com)
- ValuEngine Downgrades Valvoline (VVV) to Hold (americanbankingnews.com)
Several research analysts have recently commented on VVV shares. Zacks Investment Research raised shares of Valvoline from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Saturday, October 21st. Morgan Stanley lifted their price objective on shares of Valvoline from $25.00 to $26.00 and gave the company an “equal weight” rating in a research note on Friday, November 10th. ValuEngine cut shares of Valvoline from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. SunTrust Banks reissued a “hold” rating and issued a $25.00 price objective on shares of Valvoline in a research note on Friday, November 10th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a $22.00 price objective (up from $20.00) on shares of Valvoline in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $25.29.
Shares of Valvoline (NYSE VVV) opened at $24.15 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.65 and a debt-to-equity ratio of -8.84. The firm has a market cap of $4,890.00 and a price-to-earnings ratio of 17.68. Valvoline has a 52 week low of $19.57 and a 52 week high of $25.07.
Valvoline (NYSE:VVV) last posted its earnings results on Wednesday, November 8th. The basic materials company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The business had revenue of $547.00 million for the quarter, compared to the consensus estimate of $528.14 million. Valvoline had a negative return on equity of 137.91% and a net margin of 14.59%. The company’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 earnings per share. equities research analysts predict that Valvoline will post 1.27 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.0745 per share. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from Valvoline’s previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a dividend yield of 1.23%. Valvoline’s payout ratio is presently 20.13%.
In other news, insider Anthony R. Puckett sold 4,294 shares of the stock in a transaction on Monday, November 20th. The shares were sold at an average price of $24.33, for a total value of $104,473.02. Following the transaction, the insider now owns 6,192 shares of the company’s stock, valued at approximately $150,651.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Thomas A. Gerrald II sold 3,800 shares of the stock in a transaction on Friday, December 1st. The stock was sold at an average price of $24.61, for a total transaction of $93,518.00. Following the completion of the transaction, the senior vice president now directly owns 77 shares in the company, valued at approximately $1,894.97. The disclosure for this sale can be found here. Insiders own 0.07% of the company’s stock.
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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.
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