Vermilion Energy (TSE:VET) Price Target Lowered to C$17.50 at ATB Capital

Vermilion Energy (TSE:VET - Free Report) NYSE: VET had its price target decreased by ATB Capital from C$20.00 to C$17.50 in a report released on Monday,BayStreet.CA reports. ATB Capital currently has an outperform rating on the stock.

Several other equities analysts also recently weighed in on the company. Royal Bank of Canada decreased their target price on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. BMO Capital Markets cut shares of Vermilion Energy from an "outperform" rating to a "market perform" rating and dropped their price objective for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. TD Securities cut their target price on Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating for the company in a research note on Friday, December 20th. Canaccord Genuity Group lowered their price target on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. Finally, National Bankshares raised their price objective on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the stock an "outperform" rating in a research report on Monday. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$18.77.

Vermilion Energy Price Performance

Shares of VET stock traded up C$0.14 during trading hours on Monday, hitting C$13.00. 1,603,499 shares of the company's stock were exchanged, compared to its average volume of 787,782. Vermilion Energy has a fifty-two week low of C$11.84 and a fifty-two week high of C$17.56. The firm has a market cap of C$2.03 billion, a P/E ratio of -2.54, a P/E/G ratio of -0.02 and a beta of 2.60. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The firm has a 50 day moving average of C$13.60 and a two-hundred day moving average of C$13.94.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing analysts' consensus estimates of C$0.45 by C($0.12). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The company had revenue of C$490.10 million for the quarter, compared to analyst estimates of C$497.45 million. Sell-side analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.69%. Vermilion Energy's payout ratio is currently -9.39%.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the business's stock in a transaction that occurred on Friday, December 27th. The shares were purchased at an average cost of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is owned by corporate insiders.

About Vermilion Energy

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.