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

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET has earned a consensus rating of "Moderate Buy" from the eleven ratings firms that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$18.77.

Several brokerages have recently commented on VET. Royal Bank of Canada reduced 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. TD Securities decreased their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating on the stock in a research note on Friday, December 20th. BMO Capital Markets lowered 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 report on Friday, October 4th. National Bankshares boosted their price target on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the stock an "outperform" rating in a research note on Monday. Finally, JPMorgan Chase & Co. reduced their price objective on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th.

Insider Transactions at Vermilion Energy

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the stock in a transaction on Friday, December 27th. The stock was acquired at an average price of C$12.92 per share, with a total value of C$64,600.00. Corporate insiders own 0.16% of the company's stock.

Vermilion Energy Price Performance

Shares of VET stock traded up C$0.53 on Tuesday, reaching C$13.53. The company's stock had a trading volume of 651,700 shares, compared to its average volume of 787,242. The company has a market capitalization of C$2.11 billion, a P/E ratio of -2.65, a PEG ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 12-month low of C$11.84 and a 12-month high of C$17.56. The stock's 50 day simple moving average is C$13.59 and its 200-day simple moving average is C$13.94. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63.

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 the consensus estimate 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 during the quarter, compared to the consensus estimate of C$497.45 million. As a group, equities analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 3.55%. Vermilion Energy's dividend payout ratio (DPR) is presently -9.39%.

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.