A number of firms have modified their ratings and price targets on shares of Valero Energy (NYSE: VLO) recently:
- 4/30/2024 – Valero Energy had its price target lowered by analysts at Barclays PLC from $179.00 to $173.00. They now have an “overweight” rating on the stock.
- 4/29/2024 – Valero Energy had its price target lowered by analysts at TD Cowen from $190.00 to $185.00. They now have a “buy” rating on the stock.
- 4/18/2024 – Valero Energy had its price target raised by analysts at Citigroup Inc. from $160.00 to $192.00. They now have a “buy” rating on the stock.
- 4/11/2024 – Valero Energy had its price target raised by analysts at Scotiabank from $138.00 to $165.00. They now have a “sector outperform” rating on the stock.
- 4/8/2024 – Valero Energy had its price target raised by analysts at TD Cowen from $175.00 to $190.00. They now have a “buy” rating on the stock.
- 4/4/2024 – Valero Energy had its price target raised by analysts at Wells Fargo & Company from $171.00 to $184.00. They now have an “equal weight” rating on the stock.
- 4/3/2024 – Valero Energy had its price target raised by analysts at Piper Sandler from $161.00 to $198.00. They now have an “overweight” rating on the stock.
- 4/3/2024 – Valero Energy had its price target raised by analysts at Barclays PLC from $149.00 to $179.00. They now have an “overweight” rating on the stock.
- 4/1/2024 – Valero Energy had its price target raised by analysts at JPMorgan Chase & Co. from $177.00 to $178.00. They now have an “overweight” rating on the stock.
- 3/26/2024 – Valero Energy had its price target raised by analysts at UBS Group AG from $167.00 to $197.00. They now have a “buy” rating on the stock.
- 3/22/2024 – Valero Energy had its price target raised by analysts at The Goldman Sachs Group, Inc. from $130.00 to $171.00. They now have a “sell” rating on the stock.
- 3/22/2024 – Valero Energy was downgraded by analysts at Mizuho from a “buy” rating to a “neutral” rating. They now have a $173.00 price target on the stock, up previously from $150.00.
- 3/20/2024 – Valero Energy had its price target raised by analysts at Wells Fargo & Company from $138.00 to $171.00. They now have an “equal weight” rating on the stock.
- 3/15/2024 – Valero Energy was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $210.00 price target on the stock, up previously from $156.00.
Valero Energy Trading Up 0.9 %
Shares of NYSE:VLO traded up $1.35 during midday trading on Thursday, reaching $157.01. The company’s stock had a trading volume of 875,364 shares, compared to its average volume of 3,266,999. The business has a 50 day moving average price of $162.49 and a 200 day moving average price of $141.39. Valero Energy Co. has a 1 year low of $104.18 and a 1 year high of $184.79. The firm has a market cap of $52.20 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 1.46 and a beta of 1.55. The company has a quick ratio of 1.10, a current ratio of 1.59 and a debt-to-equity ratio of 0.35.
Valero Energy (NYSE:VLO – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $3.82 earnings per share for the quarter, beating analysts’ consensus estimates of $3.18 by $0.64. The company had revenue of $31.76 billion for the quarter, compared to analyst estimates of $32.02 billion. Valero Energy had a net margin of 5.01% and a return on equity of 24.82%. Valero Energy’s revenue for the quarter was down 12.8% on a year-over-year basis. During the same quarter last year, the business earned $8.27 EPS. Research analysts forecast that Valero Energy Co. will post 18.3 EPS for the current year.
Institutional Inflows and Outflows
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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