Cetera Investment Advisers Invests $673,000 in Vontier Corporation
December 19, 2023
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Cetera Investment Advisers recently invested $673,000 in Vontier Corporation ($NYSE:VNT), a publicly traded energy technology and services company. Vontier, headquartered in Raleigh, North Carolina, provides mission-critical solutions to customers in the energy industry through innovative products and services. The company’s portfolio of offerings includes electric vehicle charging infrastructure, smart grid technology, energy storage systems, and resilient power systems and services. Vontier’s mission is to provide customers with the solutions they need to build a more efficient, sustainable and secure energy future.
To this end, the company has developed advanced products and services that are designed to make the energy systems of the future more resilient, reliable and cost-effective. With the addition of Cetera Investment Advisers’ investment, Vontier can continue to innovate and develop products and services that will make renewable energy more accessible and affordable for all.
Share Price
On Wednesday, VONTIER CORPORATION stock opened at $33.6 and closed at $33.5, up by 0.1% from previous closing price of 33.5. This investment comes as a result of VONTIER CORPORATION’s strong performance as a fuel and energy technology provider, a sector that has seen considerable growth in recent years. With Cetera Investment Advisers now on board, the company is expected to continue to expand and capitalize on the growing demand for energy technology solutions. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Vontier Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 3.18k | 338.4 | 10.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Vontier Corporation. More…
| Operations | Investing | Financing |
| 471.5 | 82.2 | -412.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Vontier Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.22k | 3.46k | 4.91 |
Key Ratios Snapshot
Some of the financial key ratios for Vontier Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.5% | 0.9% | 17.4% |
| FCF Margin | ROE | ROA |
| 12.9% | 47.6% | 8.2% |
Analysis
At GoodWhale, we have been analyzing VONTIER CORPORATION‘s financials and are pleased to present our findings. According to our Star Chart, VONTIER CORPORATION has a high health score of 8/10, indicating that they have strong cashflows and debt levels that enable them to pay off their debt and fund future operations. Furthermore, we have classified VONTIER CORPORATION as a ‘sloth’– a type of company that has achieved revenue or earnings growth slower than the overall economy. Therefore, investors who value stability over growth may find VONTIER CORPORATION an attractive option. In terms of financial metrics, VONTIER CORPORATION is strong in profitability, medium in dividend and weak in asset and growth. By having a careful balance between these metrics, we can see that VONTIER CORPORATION is well-positioned for success. More…
Peers
The company’s products are used in the manufacture of semiconductor chips, flat panel displays, solar cells, and other electronic devices. Vontier’s competitors include Circuit Fabology Microelectronics Equipment Co Ltd, CyberOptics Corp, and Nireco Corp.
– Circuit Fabology Microelectronics Equipment Co Ltd ($SHSE:688630)
As of 2022, Circuit Fabology Microelectronics Equipment Co Ltd has a market cap of 8.44B and a ROE of 8.6%. The company is engaged in the design, manufacture and sale of semiconductor equipment.
– CyberOptics Corp ($NASDAQ:CYBE)
CyberOptics Corporation is a global leader in high-precision sensing technology solutions that enable next-generation advanced factory automation and 3D metrology. The Company’s solutions are used in a wide range of industries such as semiconductor, electronics assembly, advanced packaging, automotive, aerospace, defense, medical, consumer and 3D printing. Headquartered in Minneapolis, Minnesota, CyberOptics operates in 14 countries.
– Nireco Corp ($TSE:6863)
Nireco Corporation is a Japanese company that manufactures and sells machinery and equipment for the semiconductor and electronics industries. It has a market cap of 6.94B as of 2022 and a return on equity of 3.27%. The company was founded in 1966 and is headquartered in Tokyo, Japan.
Summary
Vontier Corporation, a technology-enabled industrial products and services company, has recently seen increased investor attention. Analysts suggest that Vontier’s strong balance sheet, steady growth prospects, and focus on innovation in the industrial space could be enticing investors to consider the stock. The company has also seen a surge in demand for its products and services in the last few months due to the global pandemic.
Going forward, investors should keep an eye on the performance of Vontier’s core business segments as well as any new product launches that the company might make. Furthermore, Vontier’s ability to capitalize on current market trends and increase its market share could also be key factors driving investor interest.
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