VVV Stock Summary and Trading Ideas (Valvoline | NYSE:VVV)

Valvoline Inc produces, markets, and sells automotive maintenance products, particularly lubricants, to retail outlets installers, and customers. The company offers various products such as engine oil, heavy-duty engine oil, motorcycle oil, grease and brake fluid, and others. Geographically, the majority of the revenue is generated from the United States of America.

Valvoline trades on the NYSE stock market under the symbol VVV.

As of April 19, 2024, VVV stock price was flat at $41.19 with 931,755 million shares trading.

VVV has a beta of 1.07, meaning it tends to be more sensitive to market movements. VVV has a correlation of 0.23 to the broad based SPY ETF.

VVV has a market cap of $5.34 billion. This is considered a Mid Cap stock.

Last quarter Valvoline reported $373 million in Revenue and $.29 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.01.

In the last 3 years, VVV stock traded as high as $45.37 and as low as $24.40.

The top ETF exchange traded funds that VVV belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

VVV stock has underperformed the market in the last year with a return of +19.7%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in VVV shares. However, VVV has outperformed the market in the last 3 month and 2 week periods, returning +12.7% and -3.1%, while SPY returned +4.3% and -3.5%, respectively. This indicates VVV has been having a stronger performance recently.

VVV support price is $40.60 and resistance is $41.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VVV stock will trade within this expected range on the day.