On Nov 21, major Wall Street analysts update their ratings for $Valvoline (VVV.US)$, with price targets ranging from $39 to $46.
Morgan Stanley analyst Simeon Gutman maintains with a buy rating, and adjusts the target price from $46 to $42.
Citi analyst Steven Zaccone maintains with a hold rating, and adjusts the target price from $48 to $39.
Wells Fargo analyst David Lantz maintains with a buy rating, and maintains the target price at $44.
Mizuho Securities analyst David Bellinger maintains with a buy rating, and maintains the target price at $46.
RBC Capital analyst Steven Shemesh maintains with a buy rating, and adjusts the target price from $52 to $46.
Furthermore, according to the comprehensive report, the opinions of $Valvoline (VVV.US)$'s main analysts recently are as follows:
The firm maintains its positive outlook on Valvoline based on stable and limited growth opportunities paired with potential valuation gains. However, the expected growth in earnings per share has seen a recent decline, influenced by the fiscal year 2025 sales and adjusted EBITDA forecasts, which fell approximately 7% short of average market expectations.
The underlying business of Valvoline remains robust, however, due to a directional slowing in comparisons and potential risks to their long-term algorithm, the stock is expected to stay within a confined range in the near term. While considered undervalued, there are no significant immediate catalysts foreseeable that might significantly influence the stock's performance.
Valvoline's solid performance for FY24 was somewhat dimmed by a weaker profit forecast, influenced by uncertainties in costs and an increase in IT expenditures. Additionally, there is noted escalation in promotional activities among tire and repair shops.
While the fourth quarter generally met expectations, Valvoline's stock underperformance is understandable as predictions for FY25 trend downwards and the long-term outlook remains uncertain. The near-term may be volatile, but the outlook for the distant future retains positive potential.
Here are the latest investment ratings and price targets for $Valvoline (VVV.US)$ from 6 analysts:
Note:
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