Valero Energy (VLO) Scheduled to Post Quarterly Earnings on Thursday

Thursday, July 22, 2021 | MarketBeat

Valero Energy (NYSE:VLO) is set to announce its earnings results before the market opens on Thursday, July 29th. Analysts expect the company to announce earnings of $0.81 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Valero Energy (NYSE:VLO) last released its earnings results on Wednesday, April 21st. The oil and gas company reported ($1.73) EPS for the quarter, topping analysts' consensus estimates of ($1.91) by $0.18. Valero Energy had a negative return on equity of 10.68% and a negative net margin of 0.43%. The firm had revenue of $20.81 billion for the quarter, compared to analysts' expectations of $17.42 billion. During the same period in the prior year, the firm posted $0.34 earnings per share. The company's quarterly revenue was down 5.9% on a year-over-year basis. On average, analysts expect Valero Energy to post $0 EPS for the current fiscal year and $6 EPS for the next fiscal year.

NYSE VLO opened at $64.91 on Thursday. Valero Energy has a 12 month low of $35.44 and a 12 month high of $84.95. The stock has a market capitalization of $26.53 billion, a PE ratio of -95.45, a P/E/G ratio of 35.84 and a beta of 2.16. The business has a fifty day moving average of $77.32. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.95 and a current ratio of 1.43.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 2nd. Investors of record on Thursday, August 5th will be given a dividend of $0.98 per share. The ex-dividend date is Wednesday, August 4th. This represents a $3.92 annualized dividend and a dividend yield of 6.04%. Valero Energy's dividend payout ratio (DPR) is presently -125.64%.

Several equities research analysts recently commented on VLO shares. Mizuho increased their price objective on Valero Energy from $86.00 to $94.00 and gave the company a "buy" rating in a research report on Monday, May 17th. Raymond James increased their price objective on Valero Energy from $96.00 to $100.00 and gave the company a "strong-buy" rating in a research report on Wednesday, June 23rd. dropped their price objective on Valero Energy from $121.00 to $119.00 and set a "buy" rating on the stock in a research report on Wednesday, June 9th. Royal Bank of Canada increased their price objective on Valero Energy from $82.00 to $94.00 and gave the company an "outperform" rating in a research report on Tuesday, April 27th. Finally, Piper Sandler increased their target price on Valero Energy from $70.00 to $80.00 and gave the company an "overweight" rating in a report on Thursday, April 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company's stock. The company currently has an average rating of "Buy" and an average price target of $88.13.

About Valero Energy

Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company is involved in oil and gas refining, marketing, and bulk selling activities.

Featured Article: What does an equal weight rating mean?

Earnings History for Valero Energy (NYSE:VLO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in Valero Energy right now?

Before you consider Valero Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valero Energy wasn't on the list.

While Valero Energy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.