Atb Cap Markets Expects Weaker Earnings for Vermilion Energy

Vermilion Energy Inc. (TSE:VET - Free Report) NYSE: VET - Investment analysts at Atb Cap Markets cut their FY2024 earnings per share estimates for shares of Vermilion Energy in a research note issued on Thursday, February 13th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.42 per share for the year, down from their prior estimate of $0.45. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for Vermilion Energy's current full-year earnings is $1.40 per share. Atb Cap Markets also issued estimates for Vermilion Energy's Q4 2024 earnings at $0.62 EPS.

Several other equities analysts have also weighed in on the stock. ATB Capital reduced their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating on the stock in a report on Monday, December 30th. Royal Bank of Canada cut their price objective on Vermilion Energy from C$17.00 to C$16.00 and set a "sector perform" rating on the stock in a research report on Monday, December 30th. National Bankshares upped their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. Finally, TD Securities dropped their target price on Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating on the stock in a report on Friday, December 20th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$17.94.

Vermilion Energy Trading Up 0.8 %

VET traded up C$0.11 during trading on Monday, hitting C$13.13. 463,797 shares of the company's stock were exchanged, compared to its average volume of 568,947. Vermilion Energy has a 1 year low of C$11.84 and a 1 year high of C$17.56. The stock has a 50 day moving average price of C$13.64 and a 200 day moving average price of C$13.61. The firm has a market cap of C$2.03 billion, a P/E ratio of -2.47, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61.

Insider Transactions at Vermilion Energy

In related news, Director Myron Maurice Stadnyk bought 5,000 shares of the business's stock in a transaction dated Friday, December 27th. The shares were acquired at an average price of C$12.92 per share, for a total transaction of C$64,600.00. Corporate insiders own 0.16% of the company's stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas.