Somewhat Favorable News Coverage Somewhat Unlikely to Affect Valvoline (VVV) Share Price

Headlines about Valvoline (NYSE:VVV) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. 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 daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 45.4044110077158 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern’s scoring:

NYSE:VVV opened at $20.85 on Friday. The company has a market cap of $4,423.46, a P/E ratio of 15.00, a PEG ratio of 1.32 and a beta of 1.00. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of -5.91. Valvoline has a 1-year low of $20.77 and a 1-year high of $25.63.

Valvoline (NYSE:VVV) last released its quarterly earnings results on Wednesday, February 7th. The basic materials company reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.01. The business had revenue of $545.00 million during the quarter, compared to analysts’ expectations of $530.10 million. Valvoline had a negative return on equity of 148.14% and a net margin of 10.37%. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period last year, the firm posted $0.35 EPS. equities research analysts forecast that Valvoline will post 1.35 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Friday, June 1st will be issued a dividend of $0.0745 per share. The ex-dividend date of this dividend is Thursday, May 31st. This represents a $0.30 annualized dividend and a yield of 1.43%. Valvoline’s payout ratio is currently 21.58%.

Several research analysts have recently commented on the company. Longbow Research downgraded Valvoline from a “buy” rating to a “neutral” rating in a research note on Thursday. Zacks Investment Research downgraded Valvoline from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th. JPMorgan Chase lifted their target price on Valvoline from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Monday, February 12th. Morgan Stanley dropped their price target on Valvoline from $28.00 to $27.00 and set an “equal weight” rating for the company in a report on Friday, February 9th. Finally, Wolfe Research assumed coverage on Valvoline in a report on Wednesday, March 7th. They set an “outperform” rating for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. Valvoline currently has an average rating of “Hold” and a consensus target price of $25.86.

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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.

Insider Buying and Selling by Quarter for Valvoline (NYSE:VVV)

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