Vontier Corp Ordinary Shares
VNT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$18.10 | Hhtfxk | Ykpyflbx |
Vontier Lowers Full-Year 2022 Outlook Amid Accelerated EMV Sunset; Reducing Fair Value Estimate
Narrow-moat-rated Vontier’s third-quarter adjusted EPS of $0.86 was in line with FactSet consensus expectations, but the company issued disappointing fourth-quarter guidance of $0.73-$0.78 (well below the $0.93 consensus estimate). After reviewing our forecast, we’ve cut our fair value estimate to $36.50 from $40.50, as we reduced our revenue growth and operating margin projections.