The stock of Valvoline Inc. (NYSE:VVV) increased by $0.14 on Monday to finish at $34.24, up 0.41 percent. The last five days have seen an average of 3,139,160 shares of common stock traded. 16 times new highs were reached in the current year, with a gain of $1.59. The average number of shares traded over the last 20 days was 1,841,860, while the average volume over the last 50 days totaled 2,489,984.
VVV stock dropped -9.78% since last month. On 08/14/23, the company’s shares reached a one-month low of $33.47. The stock touched a high of $39.67 on 05/11/23, after rallying from a low of $24.40 in 52 weeks. The price of VVV stock has risen by 4.87% or $1.59 this year, reaching a new high 16 times. Still, the stock price is down -13.69% from the 52-week high.
Insider Transactions
VVV stock investors should be aware that Valvoline Inc. (VVV) stock had its last reported insider trading activity 4 days ago on Aug 11. On Aug 11, CLO and Corp. Secy O’Daniel Julie Marie sold 3,087 shares at $34.67 each. This transaction resulted in the insider making $107,042. On May 12, Matheys Heidi J. sold 2,546 shares at a price of US$38.64. After the transaction, the insider now owns 37,159 shares. SVP, Chief Commercial Officer Matheys Heidi J. had earlier sold 5,823 shares on Apr 04 for $35.25 a share. The transaction was completed for $205,261.
Valuation Metrics
Valvoline Inc. (VVV) has a trailing price-to-earnings (P/E) ratio of 42.22. Beta for the stock is 1.35. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 4.13, the price-to-book (PB) ratio of 19.34.
Company paid $0.1250 per share in dividends, remained unchanged from $0.1250 last year. A $0.0120 dividend increase was reported on Thursday November 12 2020.
Financial Health
For the recent quarter, Valvoline Inc.’s quick ratio was 2.60, while its current ratio was 2.70, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 5.49, and the total debt to equity ratio is 5.58. As far as profitability goes, gross margin for the trailing twelve months is 37.80% percent. Based on annual data, it had gross profit of $476.4 million and revenue of $1.24 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a 8.00% return on investment (ROI) in the past year.
Earnings Surprise
A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $375.7 million, while revenues fell by -154.72% to $344.5 million. EBITDA was $108.1 million for the quarter. At the end of Valvoline Inc.’s most recent quarter, its liabilities totaled 2.7 billion, while its total debt was $1.84 billion. Equity owned by shareholders amounts to $138.66 million.
Technical Picture
Here’s a quick look at Valvoline Inc.’s (VVV) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 21.11%, suggesting the stock is oversold, with a 18.61% historical volatility rate.
The stochastic %K and %D were 4.66% and 4.68% respectively, while the average true range (ATR) was 1.04. Based on the 14-day stochastic reading of 12.56%, the RSI (14) reading is 27.00%. On the 9-day MACD Oscillator, the stock is at -1.28, and the 14-day reading is at -2.27.
Analyst Ratings
In its analyst report released on June 23, 2023, Stephens began covering Valvoline Inc. (NYSE: VVV). The stock was rated as an Overweight by the brokerage firm.
