As of Thursday close, Valvoline Inc.’s (NYSE:VVV) stock was down -$0.42, moving down -1.29 percent to $32.21. The average number of shares traded per day over the past five days has been 1,576,380 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.10 fall in that time frame. In the last twenty days, the average volume was 1,424,070, while in the previous 50 days, it was 1,592,678.
Since last month, VVV stock retreated -3.97%. Shares of the company fell to $31.83 on 09/15/23, the lowest level in the past month. A 52-week high of $39.67 was reached on 05/11/23 after having rallying from a 52-week low of $24.40. Since the beginning of this year, VVV’s stock price has dropped by -1.35% or -$0.44, and marked a new high 16 times. However, the stock has declined by -18.81% since its 52-week high.
VVV stock investors should be aware that Valvoline Inc. (VVV) stock had its last reported insider trading activity 22 days ago on Aug 31. O’Daniel Julie Marie, the CLO and Corp. Secy of the company, disposed of 2,000 shares for $34.16 on Aug 31. It resulted in a $68,320 divestment by the insider. Freeland Richard Joseph added 2,960 shares at an average price of $33.97 on Aug 30. The insider now owns 13,012 shares following the transaction. On Aug 29, SVP and Pres., Retail Services Flees Lori Ann bought 8,879 shares at $33.76 apiece. The transaction was valued at $299,742.
Valuation Metrics
Right now, Valvoline Inc. (VVV) has a P/E ratio of about 39.72. The stock’s beta is 1.35. Besides these, the trailing price-to-sales (P/S) ratio of 3.24, the price-to-book (PB) ratio of 18.20.
The latest dividend of $0.1250 per share was paid out, remained unchanged from last year’s $0.1250. On Thursday November 12 2020, a $0.0120 dividend increase was announced.
Financial Health
In the three months ended June 29, Valvoline Inc.’s quick ratio stood at 2.60, while its current ratio was 2.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 5.49, and the total debt-to-equity ratio was 5.58. On the profitability front, the trailing twelve-month gross margin is 37.80% percent. Based on annual data, VVV earned $476.4 million in gross profit and brought in $1.24 billion in revenue.
In Valvoline Inc.’s quarter-end financial report for June 29, it reported total debt of $1.57 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VVV’s revenue fell -154.72% to $344.5 million during the quarter, while net income inched up to $375.7 million. While analysts expected Valvoline Inc. to report $0.36 quarterly earnings, the actual figure was $0.43 per share, beating the consensus estimate by 19.40%. During the quarter, the company generated $108.1 million in EBITDA. The liabilities of Valvoline Inc. were 2.7 billion at the end of its most recent quarter ended June 29, and its total debt was $2.1 billion. The value of shareholders’ equity is $138.66 million.
Technical Picture
This quick technical analysis looks at Valvoline Inc.’s (VVV) price momentum. With a historical volatility rate of 17.61%, the RSI 9-day stood at 33.52% on 21 September.
With respect to its five-day moving average, the current Valvoline Inc. price is down by -0.31% percent or -$0.10. At present, VVV shares trade -4.25% below its 20-day simple moving average and -6.77% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.22% below its SMA50 and -2.33% below its SMA200.
Stochastic coefficient K was 20.46% and Stochastic coefficient D was 20.60%, while ATR was 0.64. Given the Stochastic reading of 12.03% for the 14-day period, the RSI (14) reading has been calculated as 34.41%. As of today, the MACD Oscillator reading stands at -0.04, while the 14-day reading stands at -0.55.
Analyst Ratings
Valvoline Inc. (VVV) has been rated Overweight by analysts. According to 0 brokerage firms, VVV is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Valvoline Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $42.00, the current consensus forecast for the stock is $36.00 – $47.00. Based on these forecasts, analysts predict Valvoline Inc. (VVV) will achieve an average price target of $41.33.
