Vital Energy, Inc. (NYSE:VTLE) Receives Consensus Rating of "Reduce" from Analysts

Key Points

• Consensus Rating: Vital Energy, Inc. has received a consensus rating of "Reduce" from 12 research firms, with 5 analysts rating it a sell and 1 a strong buy.
• Price Objective: The average twelve-month price target set by brokerages for Vital Energy is approximately $26.44.
• Performance Metrics: The company reported a revenue of $429.63 million last quarter, which was below analysts' estimates, and had a negative net margin of 38.52%.

Vital Energy, Inc. (NYSE:VTLE - Get Free Report) has earned a consensus recommendation of "Reduce" from the twelve research firms that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, five have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $26.4444.

A number of brokerages have recently commented on VTLE. Wells Fargo & Company reiterated a "mixed" rating on shares of Vital Energy in a research report on Tuesday, July 15th. Weiss Ratings reissued a "sell (d)" rating on shares of Vital Energy in a research report on Wednesday, October 8th. Zacks Research raised shares of Vital Energy from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 22nd. Piper Sandler lowered their price target on shares of Vital Energy from $17.00 to $16.00 and set a "neutral" rating on the stock in a research report on Thursday, August 14th. Finally, Mizuho lowered their price target on shares of Vital Energy from $22.00 to $19.00 and set a "neutral" rating on the stock in a research report on Monday, September 15th.

Institutional Trading of Vital Energy

Several institutional investors and hedge funds have recently bought and sold shares of VTLE. Parallel Advisors LLC lifted its position in Vital Energy by 58.7% in the second quarter. Parallel Advisors LLC now owns 2,000 shares of the company's stock valued at $32,000 after buying an additional 740 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Vital Energy during the second quarter worth $58,000. Osaic Holdings Inc. increased its position in shares of Vital Energy by 30.5% during the second quarter. Osaic Holdings Inc. now owns 4,304 shares of the company's stock worth $69,000 after acquiring an additional 1,005 shares during the period. Signaturefd LLC grew its position in shares of Vital Energy by 146.8% during the second quarter. Signaturefd LLC now owns 4,685 shares of the company's stock worth $75,000 after buying an additional 2,787 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Vital Energy by 249.3% during the second quarter. GAMMA Investing LLC now owns 5,044 shares of the company's stock worth $81,000 after buying an additional 3,600 shares in the last quarter. 86.54% of the stock is currently owned by hedge funds and other institutional investors.

Vital Energy Price Performance

Shares of NYSE VTLE opened at $15.64 on Wednesday. The firm has a 50-day simple moving average of $16.45 and a 200-day simple moving average of $16.65. The stock has a market capitalization of $605.21 million, a price-to-earnings ratio of -0.79 and a beta of 1.45. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.10. Vital Energy has a 52 week low of $12.30 and a 52 week high of $36.72.

Vital Energy (NYSE:VTLE - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.98 by $0.04. The business had revenue of $429.63 million during the quarter, compared to analysts' expectations of $481.25 million. Vital Energy had a negative net margin of 38.52% and a positive return on equity of 11.86%. The company's quarterly revenue was down 9.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.46 earnings per share. On average, equities analysts predict that Vital Energy will post 8.49 earnings per share for the current fiscal year.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.

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