Vital Energy, Inc. (NYSE:VTLE) Given Consensus Rating of "Hold" by Brokerages

Vital Energy, Inc. (NYSE:VTLE - Get Free Report) has been assigned a consensus recommendation of "Hold" from the ten ratings firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $45.90.

VTLE has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price objective on shares of Vital Energy from $29.00 to $30.00 and gave the stock an "underweight" rating in a research note on Thursday, December 5th. Wolfe Research raised shares of Vital Energy from an "underperform" rating to a "peer perform" rating in a research report on Friday, January 3rd. Truist Financial boosted their price target on shares of Vital Energy from $48.00 to $49.00 and gave the company a "buy" rating in a report on Monday, January 13th. Mizuho boosted their price target on shares of Vital Energy from $37.00 to $38.00 and gave the company a "neutral" rating in a report on Tuesday, January 14th. Finally, Wells Fargo & Company boosted their price objective on shares of Vital Energy from $34.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Wednesday, January 15th.

Vital Energy Price Performance

Shares of NYSE:VTLE traded up $1.76 on Friday, reaching $33.27. The company's stock had a trading volume of 205,286 shares, compared to its average volume of 749,479. Vital Energy has a 52-week low of $25.85 and a 52-week high of $58.30. The company has a market cap of $1.27 billion, a P/E ratio of 2.33 and a beta of 3.12. The company has a 50-day simple moving average of $32.17 and a 200 day simple moving average of $32.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.67 and a current ratio of 0.67.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. First Horizon Advisors Inc. acquired a new position in Vital Energy during the 3rd quarter valued at approximately $26,000. Nisa Investment Advisors LLC boosted its holdings in shares of Vital Energy by 276.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company's stock valued at $34,000 after acquiring an additional 803 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Vital Energy in the 4th quarter valued at $34,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Vital Energy by 247.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company's stock valued at $48,000 after acquiring an additional 1,106 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in shares of Vital Energy by 2,590.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,018 shares of the company's stock valued at $54,000 after acquiring an additional 1,943 shares during the last quarter. Institutional investors and hedge funds own 86.54% of the company's stock.

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.