Vermilion Energy (TSE:VET) Price Target Lowered to C$17.00 at TD Securities

Vermilion Energy (TSE:VET - Free Report) NYSE: VET had its target price cut by TD Securities from C$18.00 to C$17.00 in a research note issued to investors on Friday,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities analysts have also commented on the company. National Bankshares dropped their price objective on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. 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. BMO Capital Markets downgraded 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. Royal Bank of Canada cut their target price on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of C$19.27.

Vermilion Energy Price Performance

Vermilion Energy stock traded down C$0.02 during midday trading on Friday, hitting C$12.73. The company's stock had a trading volume of 2,014,177 shares, compared to its average volume of 778,901. Vermilion Energy has a 12 month low of C$11.87 and a 12 month high of C$17.56. 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 stock's 50-day moving average price is C$13.69 and its 200-day moving average price is C$14.10. The company has a market capitalization of C$1.98 billion, a PE ratio of -2.49, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60.

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 the consensus estimate of C$0.45 by C($0.12). The business had revenue of C$490.10 million during the quarter, compared to analysts' expectations of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. Analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently announced 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 is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.77%. 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.