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

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have been assigned a consensus recommendation of "Moderate Buy" from the eleven research firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$19.36.

VET has been the topic of several recent analyst reports. BMO Capital Markets lowered shares of Vermilion Energy from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Canaccord Genuity Group decreased their target price on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. National Bankshares dropped their price target on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. JPMorgan Chase & Co. reduced their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Finally, TD Securities decreased their target price on Vermilion Energy from C$20.00 to C$18.00 in a research report on Tuesday, October 1st.

Vermilion Energy Stock Down 3.9 %

Shares of TSE:VET traded down C$0.55 during midday trading on Friday, reaching C$13.53. The company had a trading volume of 570,584 shares, compared to its average volume of 775,236. Vermilion Energy has a 1-year low of C$11.87 and a 1-year high of C$17.56. The stock has a market cap of C$2.11 billion, a PE ratio of -2.76, 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 business's 50 day moving average price is C$13.76 and its 200 day moving average price is C$14.34.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) 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 the consensus estimate of C$497.45 million. Research analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a dividend yield of 3.55%. Vermilion Energy's payout ratio is -9.39%.

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.