Valero Energy (NYSE:VLO - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $3.88 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Valero Energy (NYSE:VLO - Get Free Report) last announced its earnings results on Thursday, January 25th. The oil and gas company reported $3.55 EPS for the quarter, beating the consensus estimate of $2.95 by $0.60. Valero Energy had a return on equity of 31.62% and a net margin of 6.10%. The business had revenue of $35.41 billion for the quarter, compared to the consensus estimate of $34.76 billion. During the same period last year, the business posted $8.45 EPS. The company's revenue was down 15.2% on a year-over-year basis. On average, analysts expect Valero Energy to post $17 EPS for the current fiscal year and $14 EPS for the next fiscal year.
Valero Energy Stock Down 2.9 %
NYSE VLO traded down $4.79 during mid-day trading on Thursday, reaching $162.49. 3,111,477 shares of the company's stock traded hands, compared to its average volume of 3,365,418. Valero Energy has a 1-year low of $104.18 and a 1-year high of $184.79. The company has a fifty day simple moving average of $157.71 and a 200-day simple moving average of $138.95. The company has a current ratio of 1.56, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The company has a market cap of $54.02 billion, a price-to-earnings ratio of 6.68, a P/E/G ratio of 1.63 and a beta of 1.54.
Institutional Trading of Valero Energy
A number of hedge funds and other institutional investors have recently modified their holdings of VLO. Live Oak Investment Partners bought a new stake in shares of Valero Energy in the 4th quarter worth $26,000. Quarry LP raised its stake in shares of Valero Energy by 1,676.9% in the 1st quarter. Quarry LP now owns 231 shares of the oil and gas company's stock worth $32,000 after buying an additional 218 shares in the last quarter. First Capital Advisors Group LLC. bought a new stake in shares of Valero Energy in the 2nd quarter worth $39,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Valero Energy in the 1st quarter worth $40,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC raised its stake in shares of Valero Energy by 3,571.4% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 514 shares of the oil and gas company's stock worth $52,000 after buying an additional 500 shares in the last quarter. Institutional investors own 78.69% of the company's stock.
Analyst Ratings Changes
Several brokerages have recently commented on VLO. Piper Sandler lifted their target price on Valero Energy from $161.00 to $198.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 3rd. Barclays boosted their price objective on Valero Energy from $149.00 to $179.00 and gave the company an "overweight" rating in a research report on Wednesday, April 3rd. Raymond James boosted their price objective on Valero Energy from $154.00 to $155.00 and gave the company a "strong-buy" rating in a research report on Friday, January 26th. TD Cowen boosted their price objective on Valero Energy from $175.00 to $190.00 and gave the company a "buy" rating in a research report on Monday, April 8th. Finally, Wells Fargo & Company boosted their price objective on Valero Energy from $171.00 to $184.00 and gave the company an "equal weight" rating in a research report on Thursday, April 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $173.63.
Read Our Latest Research Report on VLO
About Valero Energy
(
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Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.
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