Valero Energy (NYSE:VLO - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect Valero Energy to post earnings of $1.16 per share and revenue of $28.54 billion for the quarter. Parties interested in participating in the company's conference call can do so using this link.
Valero Energy (NYSE:VLO - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The oil and gas company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.50. Valero Energy had a net margin of 2.13% and a return on equity of 9.58%. On average, analysts expect Valero Energy to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Valero Energy Price Performance
Shares of Valero Energy stock traded up $2.85 during trading on Friday, hitting $109.98. 2,662,747 shares of the stock traded hands, compared to its average volume of 2,990,067. The stock has a market cap of $34.64 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 2.93 and a beta of 1.17. The firm's fifty day moving average is $125.80 and its 200-day moving average is $131.02. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.35. Valero Energy has a 52 week low of $99.00 and a 52 week high of $168.85.
Analyst Ratings Changes
Several research firms recently commented on VLO. Tudor Pickering raised shares of Valero Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Piper Sandler decreased their price objective on Valero Energy from $149.00 to $144.00 and set an "overweight" rating on the stock in a report on Friday, March 7th. Scotiabank reduced their price target on Valero Energy from $156.00 to $136.00 and set a "sector outperform" rating on the stock in a research report on Friday, April 11th. Raymond James decreased their price target on Valero Energy from $165.00 to $155.00 and set a "strong-buy" rating on the stock in a research note on Wednesday, April 9th. Finally, Mizuho cut their target price on shares of Valero Energy from $165.00 to $158.00 and set an "outperform" rating on the stock in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $152.46.
Check Out Our Latest Report on VLO
About Valero Energy
(
Get Free Report)
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.
See Also
Before you consider Valero Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valero Energy wasn't on the list.
While Valero Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
