Vermilion Energy (TSE:VET) Sets New 12-Month Low on Analyst Downgrade

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET's stock price reached a new 52-week low during mid-day trading on Monday after TD Securities lowered their price target on the stock from C$18.00 to C$17.00. TD Securities currently has a buy rating on the stock. Vermilion Energy traded as low as C$11.84 and last traded at C$12.56, with a volume of 1650660 shares changing hands. The stock had previously closed at C$12.73.

Other equities analysts have also recently issued research reports about the company. Canaccord Genuity Group cut their price target on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Royal Bank of Canada reduced their target price on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. National Bankshares lowered their price target on shares of Vermilion Energy from C$23.00 to C$17.00 in a report 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 report on Thursday, September 12th. Finally, BMO Capital Markets cut shares of Vermilion Energy from an "outperform" rating to a "market perform" rating and lowered their target price for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$19.27.

Vermilion Energy Price Performance

The stock has a fifty day moving average of C$13.67 and a two-hundred day moving average of C$14.04. 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 stock has a market capitalization of C$1.99 billion, a price-to-earnings ratio of -2.50, a PEG ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its earnings results on Wednesday, November 6th. The company reported C$0.33 EPS 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 business had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. As a group, equities research analysts forecast that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current 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 given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.76%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy's payout ratio 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.