Valvoline (NYSE:VVV) Given New $37.00 Price Target at TD Cowen

Valvoline (NYSE:VVV) had its price target lowered by TD Cowen from $45.00 to $37.00 in a research note released on Thursday,Benzinga reports. TD Cowen currently has a buy rating on the basic materials company’s stock.

A number of other equities research analysts have also recently issued reports on VVV. Stifel Nicolaus dropped their price target on shares of Valvoline from $42.00 to $35.00 and set a “hold” rating on the stock in a research note on Thursday. Wall Street Zen cut shares of Valvoline from a “hold” rating to a “sell” rating in a research note on Friday, September 26th. Piper Sandler decreased their price target on shares of Valvoline from $50.00 to $41.00 and set an “overweight” rating on the stock in a research note on Thursday. Stephens lifted their price target on Valvoline from $40.00 to $44.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Valvoline in a research report on Thursday, November 13th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $38.85.

Valvoline Stock Performance

VVV traded up $0.68 during midday trading on Thursday, hitting $30.87. 305,912 shares of the company were exchanged, compared to its average volume of 1,751,390. Valvoline has a 1-year low of $29.29 and a 1-year high of $41.33. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 14.45 and a beta of 1.20. The company’s 50 day simple moving average is $34.63 and its 200 day simple moving average is $36.19. The company has a current ratio of 0.73, a quick ratio of 0.60 and a debt-to-equity ratio of 3.37.

Valvoline (NYSE:VVV) last posted its earnings results on Wednesday, November 19th. The basic materials company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.02). Valvoline had a net margin of 16.43% and a return on equity of 84.85%. The firm had revenue of $435.50 million for the quarter, compared to analysts’ expectations of $455.70 million. During the same period last year, the firm earned $0.46 earnings per share. Valvoline has set its FY 2026 guidance at 1.600-1070.000 EPS. As a group, sell-side analysts predict that Valvoline will post 1.63 earnings per share for the current year.

Hedge Funds Weigh In On Valvoline

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Maseco LLP purchased a new stake in Valvoline during the second quarter worth approximately $27,000. Community Bank N.A. purchased a new stake in shares of Valvoline during the 3rd quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Valvoline by 1,621.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,050 shares of the basic materials company’s stock valued at $38,000 after buying an additional 989 shares in the last quarter. Bayforest Capital Ltd purchased a new position in shares of Valvoline in the 3rd quarter valued at $39,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Valvoline during the second quarter worth about $43,000. Hedge funds and other institutional investors own 96.13% of the company’s stock.

Valvoline Company Profile

Valvoline Inc engages in the operation and franchising of vehicle service centers and retail stores in the United States and Canada. The company, through its service centers, provides fluid exchange for motor oil, transmission and differential fluid, and coolant; parts replacement for batteries, filters, wiper blades, and belts; and safety services, such as tire inflation and rotation, bulbs, and safety checks.