Vital Energy, Inc. (NYSE:VTLE) Receives Consensus Rating of “Hold” from Analysts

Vital Energy, Inc. (NYSE:VTLE) has earned a consensus rating of “Hold” from the ten analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $59.40.

Several analysts recently issued reports on the company. Truist Financial cut their price target on Vital Energy from $86.00 to $77.00 and set a “buy” rating on the stock in a report on Friday, April 5th. KeyCorp boosted their price target on shares of Vital Energy from $55.00 to $63.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Mizuho increased their price objective on shares of Vital Energy from $54.00 to $55.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. Stifel Nicolaus boosted their target price on shares of Vital Energy from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, April 23rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Vital Energy from $48.00 to $51.00 and gave the company an “underweight” rating in a research note on Thursday, April 11th.

Vital Energy Stock Up 0.3 %

Shares of NYSE:VTLE opened at $53.60 on Wednesday. The company’s fifty day moving average is $52.56 and its two-hundred day moving average is $47.95. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.62 and a current ratio of 0.62. Vital Energy has a 1-year low of $40.00 and a 1-year high of $62.87. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 1.63 and a beta of 3.23.

Vital Energy (NYSE:VTLE) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.11. Vital Energy had a net margin of 44.91% and a return on equity of 17.60%. The business had revenue of $444.52 million during the quarter, compared to the consensus estimate of $440.85 million. During the same quarter in the prior year, the firm earned $3.49 EPS. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. Equities analysts anticipate that Vital Energy will post 9.13 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. ORG Partners LLC lifted its position in Vital Energy by 100.0% in the fourth quarter. ORG Partners LLC now owns 570 shares of the company’s stock worth $26,000 after purchasing an additional 285 shares during the period. BluePath Capital Management LLC bought a new stake in shares of Vital Energy in the 3rd quarter worth $31,000. GAMMA Investing LLC bought a new stake in shares of Vital Energy in the 4th quarter worth $33,000. Quadrant Capital Group LLC lifted its holdings in shares of Vital Energy by 42.0% in the fourth quarter. Quadrant Capital Group LLC now owns 937 shares of the company’s stock valued at $43,000 after buying an additional 277 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Vital Energy by 18.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,754 shares of the company’s stock valued at $97,000 after buying an additional 274 shares in the last quarter. 86.54% of the stock is currently owned by institutional investors.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.