News articles about Valvoline (NYSE:VVV) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Valvoline earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 46.29678962955 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Valvoline (VVV) opened at 22.57 on Tuesday. The stock has a 50 day moving average price of $23.05 and a 200-day moving average price of $22.83. Valvoline has a 12 month low of $18.30 and a 12 month high of $24.98. The stock has a market cap of $4.62 billion and a P/E ratio of 16.36.
Valvoline (NYSE:VVV) last released its earnings results on Tuesday, April 25th. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.03. The business had revenue of $514 million during the quarter, compared to analysts’ expectations of $501.04 million. Valvoline’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.33 EPS. On average, analysts forecast that Valvoline will post $1.39 EPS for the current fiscal year.
A number of equities research analysts have recently commented on the company. Zacks Investment Research downgraded Valvoline from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $23.00 price objective (up previously from $22.00) on shares of Valvoline in a research report on Saturday, June 3rd. Finally, Seaport Global Securities raised Valvoline from a “neutral” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Wednesday, June 7th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Valvoline has a consensus rating of “Hold” and an average target price of $26.18.
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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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