Vermilion Energy Inc. (TSE:VET) Given Consensus Rating of "Moderate Buy" by Brokerages

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET has received an average recommendation of "Moderate Buy" from the eleven analysts that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$19.45.

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Canaccord Genuity Group dropped their target price on Vermilion Energy from C$20.50 to C$20.00 and set a "buy" rating on the stock in a research report on Thursday, August 1st. BMO Capital Markets cut shares of Vermilion Energy from an "outperform" rating to a "market perform" rating and reduced their target price for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. National Bankshares dropped their price target on shares of Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. Finally, Desjardins cut their price objective on Vermilion Energy from C$21.00 to C$20.00 and set a "buy" rating on the stock in a research note on Tuesday, August 6th.

Vermilion Energy Trading Up 1.7 %

VET stock traded up C$0.23 during mid-day trading on Thursday, reaching C$13.56. 540,918 shares of the stock traded hands, compared to its average volume of 777,733. Vermilion Energy has a 52-week low of C$11.87 and a 52-week high of C$21.30. The stock's fifty day moving average is C$13.43 and its 200-day moving average is C$14.98. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63. The company has a market cap of C$2.11 billion, a P/E ratio of -2.61, a P/E/G ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last released its earnings results on Wednesday, July 31st. The company reported C($0.52) earnings per share for the quarter, missing the consensus estimate of C$0.43 by C($0.95). The business had revenue of C$478.93 million for the quarter, compared to analysts' expectations of C$514.63 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. As a group, sell-side analysts expect that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were issued a $0.12 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.48 dividend on an annualized basis and a yield of 3.54%. Vermilion Energy's dividend payout ratio is presently -9.39%.

Insider Activity

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the business's stock in a transaction on Wednesday, August 21st. The shares were purchased at an average cost of C$13.54 per share, with a total value of C$67,700.00. 0.16% of the stock is currently owned by company insiders.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.