Vylor (NYSE:VYLR) Given New $87.00 Price Target at UBS Group

Vylor (NYSE:VYLR) had its price target reduced by UBS Group from $89.00 to $87.00 in a research report released on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other research firms also recently commented on VYLR. Deutsche Bank initiated coverage on Vylor in a report on Wednesday, October 14th. They set a “buy” rating and a $90.00 price objective on the stock. Bank of America began coverage on Vylor in a research report on Monday, October 5th. They set a “buy” rating and a $78.00 target price for the company. Vertical Research cut Vylor from a “buy” rating to a “hold” rating and set a $74.00 target price for the company. in a report on Monday, October 19th. Morgan Stanley began coverage on Vylor in a research report on Friday, October 2nd. They set an “overweight” rating and a $85.00 price target on the stock. Finally, The Goldman Sachs Group started coverage on Vylor in a report on Thursday, October 8th. They issued a “buy” rating and a $87.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $82.50.

Vylor Stock Performance

VYLR traded up $0.46 during trading hours on Friday, reaching $72.52. 2,856,065 shares of the company’s stock traded hands, compared to its average volume of 3,437,319. Vylor has a 52-week low of $65.00 and a 52-week high of $77.39.

Vylor (NYSE:VYLR) last posted its quarterly earnings results on Thursday, November 12th. The company reported ($0.42) EPS for the quarter, topping analysts’ consensus estimates of ($0.52) by $0.10. The company had revenue of $938.00 million during the quarter, compared to the consensus estimate of $846.03 million. The business’s revenue was down .6% compared to the same quarter last year. On average, analysts expect that Vylor will post 2.30 EPS for the current fiscal year.

Vylor announced that its board has approved a share repurchase plan on Thursday, October 22nd that allows the company to repurchase $3 billion in shares. This repurchase authorization allows the company to reacquire up to 6.3% of its shares through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Vylor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 30th will be given a $0.13 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.7%.

Vylor Company Profile

Vylor Inc. is a seed and genetics company. It develops and supplies germplasm for farmers to improve crop health and produce higher yields. Vylor Inc. is based in JOHNSTON, Iowa.