Vontier Corp Ordinary Shares
VNT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$56.10 | Pvhrgt | Yvlzwjmbb |
Vontier Earnings: Double-Digit Core Revenue Growth Excluding EMV Sunset Leads to Guidance Raise
We are maintaining our $37 fair value estimate for narrow-moat-rated Vontier, as nothing in the firm’s first-quarter results materially alters our long-term thesis. We continue to view the stock as undervalued, currently trading at a roughly 25% discount to our fair value estimate.