Vontier (NYSE:VNT – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.05, Briefing.com reports. Vontier had a net margin of 12.18% and a return on equity of 60.00%. The business had revenue of $755.80 million for the quarter, compared to analysts’ expectations of $754.50 million. During the same period last year, the firm posted $0.68 earnings per share. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. Vontier updated its Q2 guidance to $0.67-$0.71 EPS and its FY24 guidance to $3.00-$3.15 EPS.
Vontier Trading Down 2.3 %
NYSE:VNT traded down $0.91 during mid-day trading on Friday, hitting $39.44. 759,426 shares of the company’s stock were exchanged, compared to its average volume of 764,975. Vontier has a fifty-two week low of $26.79 and a fifty-two week high of $45.62. The company has a current ratio of 1.39, a quick ratio of 1.08 and a debt-to-equity ratio of 2.44. The firm has a market capitalization of $6.10 billion, a P/E ratio of 16.37, a PEG ratio of 1.19 and a beta of 1.33. The company has a 50 day simple moving average of $42.69 and a 200-day simple moving average of $37.10.
Vontier Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 7th were issued a $0.025 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.25%. Vontier’s dividend payout ratio (DPR) is presently 4.15%.
Analysts Set New Price Targets
Read Our Latest Research Report on VNT
About Vontier
Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.
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