On September 18, 2023, BofA Securities analyst Doug Leggate provided an update on Valero Energy (NYSE:VLO), maintaining a Neutral rating but raising the price target from $152 to $161. Valero Energy Corporation specializes in the refining and distribution of petroleum products. The company’s net sales are divided into two main activities: refining and distributing petroleum products, as well as other miscellaneous activities.
To assess Valero Energy’s performance, a Smart Score of 9 was assigned based on the analysis of 8 unique data sets, which include analyst recommendations, crowd wisdom, and hedge fund data. This comprehensive evaluation offers a holistic view of the company’s standing.
Here are some key financial highlights and ratios for Valero Energy:
– 52-week range: $93.75 – $159.00
– Previous close: $131.86
– Volume: 2.46M
– Average volume (3M): 4.27M
– Enterprise value: $58.71B
– Total cash (recent filing): $4.86B
– Total debt (recent filing): $12.72B
– Price to earnings (P/E): 4.5
– Beta: 0.60
– Share statistics: EPS (TTM) 29.12, Shares outstanding 367,840,146
– 10-day average volume: 4,791,556
– 30-day average volume: 4,273,469
– Standard deviation: 0.15
– R-squared: 0.38
– Alpha: 0.00595
– Price to book (P/B): 2.11
– Price to sales (P/S): 0.36
– Price to cash flow (P/CF): 4.20
– P/FCF ratio: 5.10
– Enterprise value/market cap: N/A
– Enterprise value/revenue: 0.33
– Enterprise value/gross profit: 3.50
– Enterprise value/EBITDA: 3.20
– Forecast price target upside: 24.62%
– Upside rating consensus: Strong Buy
– Number of analysts covering: 15
In July 2023, Bank of America Securities analyst Doug Leggate reiterated a Buy rating on Valero Energy (VLO).
Overall, Valero Energy continues to be closely monitored by analysts, with a range of opinions and recommendations.
Valero Energy Corporation
VLO
Strong Buy
Updated on: 04/12/2023
Financial Health
Very Healthy
Debt to equity ratio: Buy
Price to earnings ratio: Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Buy
Valero Energy Corporations Stock Shows Positive Performance on September 18, 2023: Strong Earnings and Revenue Growth
On September 18, 2023, Valero Energy Corporation’s (VLO) stock showed a positive performance. The stock opened at $145.42 and fluctuated between a low of $144.85 and a high of $148.40. The trading volume for the day was 2,239,070 shares.
Valero Energy Corporation operates in the Oil Refining/Marketing industry. The company’s earnings growth in the last year was +1,180.71%, but there has been a decline of -25.79% for this year. The projected earnings growth for the next five years is +0.50%.
Valero Energy Corporation experienced a significant increase of +54.99% in revenue growth in the last year. The price-to-earnings (P/E) ratio for VLO stock is 5.0, and the price-to-sales ratio is 0.28. The price-to-book ratio is 2.27.
Valero Energy Corporation’s stock performance on September 18, 2023, outperformed Phillips 66 (PSX), Marathon Petroleum (MPC), and Imperial Oil Ltd (IMO). Valero Energy Corporation’s stock price increased by $1.08, or 1.82%.
Valero Energy Corporation is headquartered in San Antonio, Texas. The company is expected to release its next earnings report on October 26, 2023. Analysts are forecasting an earnings per share (EPS) of $5.05 for the current quarter. In the previous year, Valero Energy Corporation reported annual revenue of $176.7 billion and a profit of $11.5 billion, resulting in a net profit margin of 6.50%.
Overall, Valero Energy Corporation’s stock performance on September 18, 2023, was positive, showing an increase in price compared to the previous day’s closing price. The company has experienced strong earnings and revenue growth in the past year, although there has been a decline in earnings growth for this year. The stock is trading at relatively low valuations, and its performance outperformed some of its industry peers on that day. Investors will be keeping an eye on the company’s upcoming earnings report to assess its financial performance in the current quarter.
Valero Energy Corp (VLO) Stock: Positive Outlook and Strong Financial Performance
On September 18, 2023, Valero Energy Corp (VLO) stock had a median target price of $151.50, according to 18 analysts offering 12-month price forecasts. The high estimate for the stock price was $171.00, while the low estimate was $128.00. This median estimate represented a 4.43% increase from the last recorded price of $145.08.
The consensus among 21 polled investment analysts was to buy stock in Valero Energy Corp. This rating has remained steady since August, indicating a consistent positive sentiment towards the company’s stock.
Valero Energy Corp is a leading energy company that operates in the oil and gas industry. The company’s stock performance is closely tied to its financial results, including earnings per share and sales.
In the current quarter, Valero Energy Corp reported earnings per share of $5.05 and sales of $34.7 billion. These figures reflect the financial performance of the company during this period. Investors will be eagerly awaiting the reporting date, which is scheduled for October 26, to gain further insights into the company’s performance.
The positive outlook for Valero Energy Corp’s stock, as indicated by the analysts’ price forecasts and the consensus buy rating, suggests that investors have confidence in the company’s future prospects. The expected increase in the stock price indicates that the market expects Valero Energy Corp to deliver strong financial results and generate value for its shareholders.
Investors should closely monitor Valero Energy Corp’s financial performance, including its earnings per share and sales figures, as these will provide valuable insights into the company’s ability to meet or exceed expectations. Additionally, any updates or announcements from the company regarding its operations, projects, or industry trends should be taken into consideration when evaluating the stock’s performance.
Overall, Valero Energy Corp’s stock is currently viewed favorably by analysts, with a consensus buy rating and a positive price forecast. However, investors should conduct their own research and analysis before making any investment decisions, taking into account their own risk tolerance and investment objectives.
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