Some individual investors may rely heavily on Wall Street analyst opinions when conducting their own stock research. Focusing in on shares of Valvoline Inc. (:VVV), we have seen that the average broker rating is currently 2.7. This average rating follows a numerical scale where a 1 would signify a Strong Buy rating, and a 5 would indicate a Strong Sell rating. Out of the sell-side analysts polled by Zacks Research, 3 have given the stock a Strong Buy or Buy rating.
Traders may be looking to capitalize on market trends as we move into the second part of the calendar year. Closely following the technicals might help make sense of current market conditions. Investors may choose to follow many different technical signals, or they may have picked a few popular ones to dedicate themselves to. Whatever the strategy, staying in tune with fundamentals and meaningful economic data may also prove to be highly beneficial. Coming at the equity market from multiple angles may help supply the investor with alternate perspectives that could play a vital role in the next couple of quarters.
Zooming in on the current quarter EPS consensus estimate for Valvoline Inc. (:VVV), we see that the current number is 0.35. This EPS estimate is using 10 Wall Street analysts polled by Zacks Research. Last quarter, the company stated a quarterly EPS of 0.27. Sell-side analysts have the task of examining companies and providing estimates relating to future results. These estimates carry a lot of weight on the Street, and earnings hits or misses revolve around these numbers. Sometimes these predictions are very close to the actual reported number, and other times they are not. Many investors will be closely watching which way analyst estimates are being adjusted right before earnings. This may provide some insight on how good or bad the numbers for the quarter are likely to be. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely out of the ordinary after combing through the results.
Individual investors might be looking at all the angles in order to concoct a winning plan for the next few quarters. The diligent investor is typically on the ball and ready to encounter any unforeseen market movements. Monitoring recent stock price activity on shares of Valvoline Inc. (:VVV) we have noted that the stock price has been trading near $18.64. Turning the focus to some historical price information, we note that the stock has moved -14.06% over the previous 12 weeks. Since the start of the year, we note that shares have seen a change of -3.67%. Over the last 4 weeks, shares have seen a change of 3.84%. Over the last 5 sessions, the stock has moved -1.17%. After a recent scan, we can see that the 52-week high is currently $22.96, and the 52-week low is presently $17.8.
Following shares of Valvoline Inc. (:VVV), we can see that the average consensus target price based on contributing analysts is currently $21. Wall Street analysts often provide price target projections on where they believe the stock will be headed in the future. Because price target projections are essentially the opinions of covering analysts, they have the ability to vary widely from one analyst to another. Navigating the equity markets can seem daunting at times. Finding ways to identify the important data can make a big difference in sustaining profits into the future. As we move closer to the end of the year, investors will be watching to see which way the momentum shifts and if stocks are still primed to go higher. Investors might choose to rely heavily on analyst research and corresponding target predictions, or they may choose to use them as a guide to supplement their own research.
As investors survey the stock market, they will often look to make the smartest possible decisions when purchasing company shares. Individual investors may have to do a lot more work if they choose to manage their own stock portfolios. Serious investors often review every bit of information that they can get their hands on in order to develop even the slightest edge. Markets have the ability to move substantially in either direction with little or no notice. Investors who prepare themselves to battle the unknown may be able to better ride out stormy stock market conditions when they arise.