Vallourec (OTCMKTS:VLOWY) Shares Gap Up - Still a Buy?

Key Points

• Vallourec shares gapped up to $3.68 after closing at $3.50, with a trading volume of 354 shares.
• Sanford C. Bernstein has upgraded Vallourec to a "strong-buy" rating, contributing to the stock's average rating of "strong buy" from analysts.
• The company reported a $0.04 EPS for the latest quarter, with revenue of approximately $979.19 million and a net margin of 9.42%.

Vallourec SA (OTCMKTS:VLOWY - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $3.50, but opened at $3.68. Vallourec shares last traded at $3.68, with a volume of 354 shares traded.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded Vallourec to a "strong-buy" rating in a research report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Strong Buy".

Vallourec Price Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.25 and a current ratio of 2.09. The company has a 50-day moving average price of $3.78 and a 200-day moving average price of $3.76. The company has a market capitalization of $4.34 billion, a price-to-earnings ratio of 11.56 and a beta of 1.82.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The energy company reported $0.04 earnings per share (EPS) for the quarter. Vallourec had a return on equity of 14.57% and a net margin of 9.42%.The business had revenue of $979.19 million during the quarter. On average, equities research analysts expect that Vallourec SA will post 0.36 EPS for the current fiscal year.

Vallourec Company Profile

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.