Vermilion Energy Inc. (TSE:VET) Stock Rated "Moderate Buy" by Sell-Side Analysts

Key Points

• Analysts give Vermilion Energy a “Moderate Buy” consensus: Of eight covering brokerages, three rate it a buy, one a strong buy and four a hold. The average 12-month price target is C$19.75.
• Recent analyst actions were generally positive: TD Securities upgraded the stock to “strong buy” and raised its target to C$19, while BMO increased its target to C$17 but maintained a “market perform” rating.
• Vermilion reported quarterly revenue of C$563.07 million and EPS of C$0.86, but posted a negative net margin of 24.01%. The company also declared a quarterly dividend of $0.135 per share, representing a 3.2% annualized yield.

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET have earned an average recommendation of "Moderate Buy" from the eight brokerages that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$19.75.

Several research firms have issued reports on VET. TD Securities upgraded shares of Vermilion Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 22nd. TD lifted their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the stock a "buy" rating in a report on Friday, July 31st. BMO Capital Markets boosted their target price on Vermilion Energy from C$15.00 to C$17.00 and gave the company a "market perform" rating in a research note on Friday, July 31st. Finally, Desjardins set a C$16.00 target price on Vermilion Energy and gave the company a "hold" rating in a research note on Friday, July 17th.

Vermilion Energy Price Performance

Shares of Vermilion Energy stock opened at C$16.91 on Monday. The company has a debt-to-equity ratio of 62.68, a quick ratio of 0.40 and a current ratio of 1.00. Vermilion Energy has a 52-week low of C$9.98 and a 52-week high of C$20.31. The company has a fifty day moving average of C$16.96 and a 200-day moving average of C$16.32. The stock has a market capitalization of C$2.58 billion, a price-to-earnings ratio of -5.83, a price-to-earnings-growth ratio of -0.02 and a beta of 0.38.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last issued its earnings results on Wednesday, July 29th. The company reported C$0.86 EPS for the quarter. The company had revenue of C$563.07 million for the quarter. Vermilion Energy had a negative net margin of 24.01% and a negative return on equity of 19.54%. Equities research analysts expect that Vermilion Energy will post 1.40 EPS for the current year.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were given a dividend of $0.1350 per share. This represents a $0.54 annualized dividend and a yield of 3.2%. The ex-dividend date was Tuesday, September 15th. Vermilion Energy's dividend payout ratio (DPR) is presently -18.28%.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion's priorities are health and safety, the environment, and profitability, in that order.

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