Capital One Financial Forecasts Vital Energy FY2024 Earnings

Vital Energy, Inc. (NYSE:VTLE - Free Report) - Research analysts at Capital One Financial lifted their FY2024 earnings per share estimates for Vital Energy in a report issued on Thursday, January 16th. Capital One Financial analyst B. Velie now expects that the company will earn $7.43 per share for the year, up from their prior forecast of $6.88. The consensus estimate for Vital Energy's current full-year earnings is $6.91 per share. Capital One Financial also issued estimates for Vital Energy's Q3 2025 earnings at $2.29 EPS, Q4 2025 earnings at $2.41 EPS and FY2025 earnings at $9.27 EPS.

Several other analysts also recently weighed in on VTLE. Mizuho lifted their target price on shares of Vital Energy from $37.00 to $38.00 and gave the company a "neutral" rating in a report on Tuesday. Piper Sandler cut their price target on Vital Energy from $35.00 to $27.00 and set a "neutral" rating for the company in a research note on Tuesday, December 17th. Wells Fargo & Company increased their price objective on shares of Vital Energy from $34.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday. Truist Financial raised their target price on shares of Vital Energy from $48.00 to $49.00 and gave the company a "buy" rating in a report on Monday. Finally, JPMorgan Chase & Co. upped their price target on shares of Vital Energy from $29.00 to $30.00 and gave the company an "underweight" rating in a report on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $46.36.

Vital Energy Stock Performance

VTLE stock traded down $0.55 during trading on Friday, hitting $35.98. The company had a trading volume of 879,734 shares, compared to its average volume of 836,612. The firm has a 50-day moving average price of $31.62 and a 200-day moving average price of $33.47. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1.37 billion, a PE ratio of 2.52 and a beta of 3.16. Vital Energy has a 1-year low of $25.85 and a 1-year high of $58.30.

Vital Energy (NYSE:VTLE - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.15. The business had revenue of $459.23 million during the quarter, compared to the consensus estimate of $461.58 million. Vital Energy had a return on equity of 9.05% and a net margin of 25.09%. The company's revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company earned $5.16 earnings per share.

Institutional Trading of Vital Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its holdings in shares of Vital Energy by 19.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,723,075 shares of the company's stock worth $77,227,000 after purchasing an additional 282,574 shares during the last quarter. Seven Eight Capital LP acquired a new stake in Vital Energy in the 2nd quarter worth about $579,000. First Eagle Investment Management LLC grew its holdings in Vital Energy by 4.4% in the 2nd quarter. First Eagle Investment Management LLC now owns 216,905 shares of the company's stock valued at $9,722,000 after buying an additional 9,200 shares during the period. Thomist Capital Management LP acquired a new position in shares of Vital Energy during the 2nd quarter valued at about $10,443,000. Finally, Goehring & Rozencwajg Associates LLC increased its stake in shares of Vital Energy by 11.5% during the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 54,443 shares of the company's stock valued at $2,440,000 after acquiring an additional 5,600 shares during the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.