Analysts Set Vermilion Energy Inc. (TSE:VET) Price Target at C$17.83

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have been assigned an average recommendation of "Moderate Buy" from the nine analysts that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$17.83.

Several research analysts have recently weighed in on VET shares. Canaccord Genuity Group dropped their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. National Bankshares lifted 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, December 30th. Royal Bank of Canada reduced their target price on Vermilion Energy from C$17.00 to C$16.00 and set a "sector perform" rating for the company in a report on Monday, December 30th. BMO Capital Markets downgraded Vermilion Energy from an "outperform" rating to a "market perform" rating and lowered their price target for the company from C$20.00 to C$16.00 in a report on Friday, October 4th. Finally, TD Securities reduced their price objective 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.

Insider Buying and Selling

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

Vermilion Energy Price Performance

Shares of TSE VET traded down C$0.29 during trading on Friday, hitting C$14.02. The company had a trading volume of 492,346 shares, compared to its average volume of 569,404. Vermilion Energy has a 52 week low of C$11.84 and a 52 week high of C$17.56. The business's 50-day moving average is C$13.97 and its 200 day moving average is C$13.81. The company has a market cap of C$2.19 billion, a P/E ratio of -2.74, a PEG ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last released its quarterly earnings results 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). The company had revenue of C$490.10 million during the quarter, compared to analyst estimates of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. Equities research analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date was Tuesday, December 31st. Vermilion Energy's payout ratio is -9.39%.

Vermilion Energy Company Profile

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.