Valvoline Inc (NYSE:VVV) shares traded -2.46% down during most recent session to reach at the closing price of $20.62. The stock exchanged hands 866512 shares versus average trading capacity of 1.6 Million shares, yielding a market cap of $3.94 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $22.18 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Valvoline Inc (NYSE:VVV) high price target of $27 and with a conservative view have low price target of $19.
Bank of America “Downgrades” Valvoline Inc (NYSE:VVV) in a research note issued to investors on 11/06/18 to Underperform with price target of $20.
Additionally on 10/03/18 Jefferies “Initiates Coverage On” Valvoline Inc (NYSE:VVV) to Buy setting price target at $27 and on 9/14/18 JP Morgan “Downgrades” the stock to Underweight at $20. Furthermore on 8/02/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $23.
On the other hand the company has Relative Strength Index (RSI 14) of 52.33 along with Average True Range (ATR 14) of 0.68, Consequently Valvoline Inc (NYSE:VVV)’s weekly and monthly volatility is 3.03%, 3.38% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, Valvoline Inc (NYSE:VVV) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Valvoline Inc (NYSE:VVV)’s minimum EPS for the current quarter is at $0.28 and can go high up to $0.34. The consensus mean EPS for the current quarter is at $0.31 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.29 earnings per share for the same quarter during last year.
Previously Valvoline Inc (NYSE:VVV) reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $-0.01. The company posted an earnings surprise of -2.9%.
Valvoline Inc (NYSE:VVV)’s revenue estimates for the current quarter are $585.73 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $594.54 Million in contradiction of low revenue estimates of $575 Million. For the current year the company’s revenue estimates are $2.45 Billion compared to low analyst estimates of $2.4 Billion and high estimates of $2.47 Billion according to 10 number of analysts.
Currently Valvoline Inc (NYSE:VVV)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -5.37%, as well as three-month change in the institutional ownership was recorded 1.38%.
Valvoline Inc (NYSE:VVV)’s trailing twelve month revenues are $2.29 Billion, whereas its price to sales ratio for the same period is 1.72. Its book value per share for the most recent quarter is $-1.87 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.5, however its price to cash per share ratio for the same period is 41.03. The stock has 5 year expected PEG ratio of 2.14 whereas its trailing twelve month P/E ratio is 16.75.