FY2022 EPS Estimates for Vallourec S.A. (OTCMKTS:VLOWY) Reduced by Analyst

Vallourec S.A. (OTCMKTS:VLOWYGet Rating) – Equities research analysts at Jefferies Financial Group decreased their FY2022 earnings per share (EPS) estimates for shares of Vallourec in a note issued to investors on Thursday, May 19th. Jefferies Financial Group analyst A. Spence now expects that the energy company will earn $0.15 per share for the year, down from their previous forecast of $0.16.

Vallourec (OTCMKTS:VLOWYGet Rating) last posted its quarterly earnings data on Thursday, February 24th. The energy company reported $0.09 EPS for the quarter. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.06 billion. Vallourec had a net margin of 2.73% and a return on equity of 5.51%.

Separately, Zacks Investment Research downgraded shares of Vallourec from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Vallourec currently has an average rating of “Buy” and an average price target of $5.20.

Vallourec stock opened at $2.80 on Monday. Vallourec has a twelve month low of $1.43 and a twelve month high of $8.00. The firm has a 50 day moving average price of $2.49 and a 200-day moving average price of $2.09. The company has a market capitalization of $3.20 billion, a P/E ratio of 3.01 and a beta of 2.62. The company has a quick ratio of 1.25, a current ratio of 1.89 and a debt-to-equity ratio of 0.79.

Vallourec Company Profile (Get Rating)

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, and internationally. It operates through Seamless Tubes and Specialty Products segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; casings; tubings; VAM connections; rigid subsea line pipes, onshore rigid line pipes, and specialized tubes for transportation of oil and gas; and carbon steel and steel alloy tubes, hollow bars, and connections for the processing of industrial fluids, and oil and gas.

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