Vontier (NYSE:VNT – Get Free Report) announced its earnings results on Thursday. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.05, Briefing.com reports. Vontier had a return on equity of 54.84% and a net margin of 14.02%. The company had revenue of $755.80 million during the quarter, compared to analyst estimates of $754.50 million. During the same period last year, the company 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 Stock Down 2.3 %
Shares of VNT traded down $0.91 on Friday, hitting $39.44. The company’s stock had a trading volume of 759,660 shares, compared to its average volume of 615,216. The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 2.21. The firm’s fifty day moving average price is $42.62 and its 200-day moving average price is $37.16. Vontier has a fifty-two week low of $26.79 and a fifty-two week high of $45.62. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 14.29, a P/E/G ratio of 1.18 and a beta of 1.33.
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 given a $0.025 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.25%. Vontier’s dividend payout ratio is presently 3.62%.
Wall Street Analyst Weigh In
Check Out Our Latest Report on VNT
Vontier Company Profile
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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