Vermilion Energy Inc. (TSE:VET) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Vermilion Energy, with three buy ratings, one strong-buy rating and four holds. The average 12-month price target is C$19.75, compared with a recent share price of C$17.51.
• Vermilion reported quarterly revenue of C$563.07 million and earnings of C$0.86 per share, but posted a negative net margin of 24.01% and negative return on equity of 19.54%.
• The company paid a quarterly dividend of C$0.135 per share, equivalent to C$0.54 annually and a 3.1% yield; however, its dividend payout ratio was negative 18.28%.

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET has been assigned a consensus rating of "Moderate Buy" from the eight brokerages that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$19.75.

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets boosted their price target on Vermilion Energy from C$15.00 to C$17.00 and gave the stock a "market perform" rating in a research note on Friday, July 31st. Desjardins set a C$16.00 price objective on shares of Vermilion Energy and gave the company a "hold" rating in a research report on Friday, July 17th. TD Securities upgraded shares of Vermilion Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 22nd. TD lifted their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Finally, National Bank Financial dropped their target price on shares of Vermilion Energy from C$30.00 to C$27.00 and set an "outperform" rating on the stock in a research report on Thursday, May 7th.

Vermilion Energy Price Performance

TSE VET opened at C$17.51 on Friday. Vermilion Energy has a 12-month low of C$9.98 and a 12-month high of C$20.31. The firm's fifty day simple moving average is C$14.68 and its two-hundred day simple moving average is C$15.78. The company has a current ratio of 1.00, a quick ratio of 0.40 and a debt-to-equity ratio of 62.68. The firm has a market capitalization of C$2.68 billion, a P/E ratio of -6.04, a P/E/G ratio of -0.02 and a beta of 0.22.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its earnings results on Wednesday, July 29th. The company reported C$0.86 earnings per share (EPS) for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%.The company had revenue of C$563.07 million for the quarter. Analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were issued a $0.135 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.1%. Vermilion Energy's dividend payout ratio is currently -18.28%.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.

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