National Bankshares Forecasts Strong Price Appreciation for Vermilion Energy (TSE:VET) Stock

Vermilion Energy (TSE:VET - Free Report) NYSE: VET had its price objective raised by National Bankshares from C$18.00 to C$19.00 in a research note released on Thursday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other equities research analysts have also issued research reports about the stock. TD Securities cut their target price 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. Canaccord Genuity Group cut their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. ATB Capital lowered their price target on shares of Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating for the company in a research report on Monday, December 30th. Royal Bank of Canada lowered their price target on shares of Vermilion Energy from C$17.00 to C$16.00 and set a "sector perform" rating for the company in a research report on Monday, December 30th. Finally, BMO Capital Markets cut shares of 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 research report on Friday, October 4th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$17.94.

Vermilion Energy Trading Down 2.1 %

Vermilion Energy stock traded down C$0.28 during trading hours on Thursday, reaching C$13.11. The stock had a trading volume of 514,053 shares, compared to its average volume of 549,706. The stock has a market cap of C$2.04 billion, a PE ratio of -2.57, a PEG ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 52 week low of C$11.84 and a 52 week high of C$17.56. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The company has a fifty day simple moving average of C$13.90 and a 200-day simple moving average of C$13.75.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its quarterly earnings results 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). The firm had revenue of C$490.10 million during the quarter, compared to the consensus estimate 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 forecast that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 3.66%. Vermilion Energy's dividend payout ratio (DPR) is -9.39%.

Insider Activity at Vermilion Energy

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

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.