Valero Energy Corporation (NYSE:VLO – Free Report) – Zacks Research lowered their Q1 2027 earnings per share (EPS) estimates for Valero Energy in a research report issued on Thursday, August 14th. Zacks Research analyst Team now anticipates that the oil and gas company will post earnings of $2.10 per share for the quarter, down from their previous forecast of $2.13. The consensus estimate for Valero Energy’s current full-year earnings is $7.92 per share.
VLO has been the subject of several other research reports. Mizuho lifted their price target on Valero Energy from $158.00 to $166.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 13th. Wolfe Research lowered Valero Energy from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 14th. Wells Fargo & Company boosted their target price on Valero Energy from $151.00 to $168.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Raymond James Financial boosted their target price on Valero Energy from $155.00 to $172.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 15th. Finally, Barclays boosted their target price on Valero Energy from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Monday, May 12th. Five research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.47.
Valero Energy Trading Up 0.1%
Shares of VLO stock opened at $136.96 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.62 and a debt-to-equity ratio of 0.38. The business has a 50-day moving average price of $139.99 and a two-hundred day moving average price of $130.77. Valero Energy has a 12-month low of $99.00 and a 12-month high of $155.12. The firm has a market cap of $42.55 billion, a P/E ratio of 57.07, a price-to-earnings-growth ratio of 3.24 and a beta of 1.03.
Valero Energy (NYSE:VLO – Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The oil and gas company reported $2.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.62. Valero Energy had a return on equity of 5.76% and a net margin of 0.62%. The firm had revenue of $29.89 billion during the quarter, compared to analyst estimates of $27 billion. During the same quarter in the previous year, the company posted $2.71 earnings per share. The company’s revenue was down 13.3% compared to the same quarter last year.
Valero Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Thursday, July 31st will be issued a dividend of $1.13 per share. The ex-dividend date is Thursday, July 31st. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.3%. Valero Energy’s dividend payout ratio is 188.33%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its holdings in shares of Valero Energy by 6.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 22,791 shares of the oil and gas company’s stock worth $3,064,000 after acquiring an additional 1,445 shares during the period. Westwood Holdings Group Inc. grew its holdings in shares of Valero Energy by 12.4% during the 2nd quarter. Westwood Holdings Group Inc. now owns 4,451 shares of the oil and gas company’s stock worth $598,000 after acquiring an additional 491 shares during the period. Semper Augustus Investments Group LLC grew its holdings in shares of Valero Energy by 4.3% during the 2nd quarter. Semper Augustus Investments Group LLC now owns 198,707 shares of the oil and gas company’s stock worth $26,710,000 after acquiring an additional 8,213 shares during the period. CYBER HORNET ETFs LLC purchased a new position in shares of Valero Energy during the 2nd quarter worth approximately $120,000. Finally, Rexford Capital Inc. purchased a new position in shares of Valero Energy during the 2nd quarter worth approximately $975,000. Hedge funds and other institutional investors own 78.69% of the company’s stock.
Valero Energy Company Profile
Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.
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