Analysts Turn Mixed On Radian Group Inc. (NYSE:RDN), Valvoline Inc. (NYSE:VVV)

The shares of Radian Group Inc. (NYSE:RDN) has been pegged with a rating of Buy by Compass Point in its latest research note that was published on May 02, 2019. The Financial company has also assigned a $30 price target. Compass Point wasn’t the only research firm that published a report of Radian Group Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on May 01, 2019, to Buy the RDN stock while also putting a $27 price target. The stock had earned Buy rating from Compass Point Markets when it published its report on April 27, 2018. That day the Compass Point set price target on the stock to $23.25. Macquarie was of a view that RDN is Neutral in its latest report on March 15, 2018. Deutsche Bank thinks that RDN is worth Buy rating. This was contained in the firm’s report on January 08, 2018 in which the stock’s price target was also moved to 28.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $30.23. The price of the stock the last time has raised by 26.24% from its 52-Week high price while it is -7.13% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 41.23.

The shares of the company dipped by -1.37% during the trading session on Wednesday, reaching a low of $24.41 while ending the day at $24.44. During the trading session, a total of 1.54 million shares were traded which represents a -39.99% decline from the average session volume which is 1.1 million shares. RDN had ended its last session trading at $24.78. Radian Group Inc. currently has a market cap of $4.98 billion, while its P/E ratio stands at 7.69, while its P/E earnings growth sits at 1.29, with a beta of 1.38. RDN 52-week low price stands at $19.36 while its 52-week high price is $26.32.

The company in its last quarterly report recorded $0.86 earnings per share which is above the predicted by most analysts. In the second quarter last year, the firm recorded $0.81 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 15.12%. Radian Group Inc. has the potential to record 3.19 EPS for the current fiscal year, according to equities analysts.

Investment analysts at JP Morgan published a research note on February 05, 2020 where it informed investors and clients that Valvoline Inc. (NYSE:VVV) is now rated as Neutral. Their price target on the stock stands at $21. Monness Crespi & Hardt also rated VVV as Reiterated on May 03, 2019, with its price target of $24 suggesting that VVV could surge by 10.86% from its current share price. Even though the stock has been trading at $22.17/share, analysts expect it to down by -0.36% to reach $24.78/share. It started the day trading at $22.34 and traded between $22.01 and $22.09 throughout the trading session.

A look at its technical shows that VVV’s 50-day SMA is 21.59 while its 200-day SMA stands at 20.98. The stock has a high of $23.90 for the year while the low is $16.90. The stock, however, witnessed a rise in its short on 01/31/20. Compared to previous close which recorded 3.82 M shorted shares, the short percentage went lower by -5.74%, as 3.60M RDN shares were shorted. At the moment, only 2.04% of Valvoline Inc. shares were sold short. The company’s average trading volume currently stands at 1.17M shares, which means that the short-interest ratio is just 3.26 days. Over the past seven days, the company moved, with its shift of -2.82%. Looking further, the stock has dropped -6.32% over the past 90 days while it lost -0.32% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The The Vanguard Group, Inc. sold more VVV shares, decreasing its portfolio by -0.87% during the last quarter. This move now sees The The Vanguard Group, Inc. selling -157,653 shares in the last quarter, thus it now holds 17,987,744 shares of VVV, with a total valuation of $379,181,644. BlackRock Fund Advisors meanwhile sold more VVV shares in the recently filed quarter, changing its stake to $323,008,123 worth of shares.

Similarly, Capital Research & Management Co. increased its Valvoline Inc. shares by 5.15% during the recently filed quarter. After buying 11,492,226 shares in the last quarter, the firm now controls 563,147 shares of Valvoline Inc. which are valued at $242,256,124. In the same vein, Capital Research & Management Co. increased its Valvoline Inc. shares by during the most recent reported quarter. The firm sold 750,733 shares during the quarter which increased its stakes to 10,019,636 shares and is now valued at $211,213,927. Following these latest developments, around 0.20% of Valvoline Inc. stocks are owned by institutional investors and hedge funds.