Shares of Valero Energy Corporation (NYSE:VLO – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $357.25.
A number of equities analysts have recently issued reports on VLO shares. Wells Fargo & Company raised their price target on Valero Energy from $356.00 to $389.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 1st. Piper Sandler upped their price objective on Valero Energy from $329.00 to $435.00 and gave the company an “overweight” rating in a research report on Thursday, September 3rd. Citigroup increased their target price on Valero Energy from $259.00 to $302.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. The Goldman Sachs Group raised their target price on Valero Energy from $365.00 to $457.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Finally, Jefferies Financial Group restated a “hold” rating and set a $401.00 price target on shares of Valero Energy in a research note on Tuesday, September 22nd.
Check Out Our Latest Stock Report on VLO
Key Valero Energy News
- Positive Sentiment: Positive analyst actions: BMO Capital maintained a Buy rating and set a $455 price target, citing robust refining margins, a strong third-quarter earnings outlook and Valero’s cash-generative capital allocation. Barclays also raised its target to $441 and retained an Overweight rating. Valero Secures Buy Rating on Robust Refining Margins, Strong Q3 Earnings Outlook, and Cash-Generative Capital Allocation
- Positive Sentiment: Earnings optimism: Zacks lists VLO among stocks expected to beat bottom-line estimates in upcoming reports. That outlook is supported by expectations for healthy refining profitability and continued strength in energy markets. Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
- Positive Sentiment: Policy support for fuel markets: A temporary allowance for highway use of dyed diesel and a deferral of the federal fuel tax helped lift refiner stocks, including VLO, by potentially supporting fuel demand and easing near-term market pressures. VLO, MPC, SUN, PSX Stocks Climb Overnight After Trump Allows Temporary Highway Use of Dyed Diesel
- Neutral Sentiment: Momentum is attracting attention: VLO has reached a fresh 52-week high, prompting investors to assess whether fundamentals can support additional gains. Its strong earnings history and improving profitability are constructive, but the elevated share price raises the bar for future results. Valero Energy Corporation Hits Fresh High: Is There Still Room to Run?
- Negative Sentiment: Valuation and cycle risks: A Seeking Alpha analysis argues that strong earnings and the benefits of a powerful refining cycle may already be reflected in VLO’s valuation, limiting upside if margins normalize. Valero Energy: Strong Earnings, But the Stock Already Prices In a Strong Refining Cycle
- Negative Sentiment: Potential margin pressure: The G7’s planned release of up to 100 million barrels of emergency oil and diesel inventories is intended to reduce fuel prices. Lower diesel and refined-product prices could weigh on Valero’s refining margins, although cheaper crude feedstock may partly offset the impact. G7 Releases 100 Million Barrels as Diesel Tops $6 a Gallon
Valero Energy Stock Up 1.0%
Shares of Valero Energy stock opened at $423.50 on Thursday. The company has a market cap of $121.94 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 0.28 and a beta of 0.59. The company’s 50 day moving average is $363.64 and its 200 day moving average is $294.13. Valero Energy has a twelve month low of $155.29 and a twelve month high of $428.99. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 0.37.
Valero Energy (NYSE:VLO – Get Free Report) last posted its earnings results on Thursday, July 30th. The oil and gas company reported $12.54 EPS for the quarter, topping analysts’ consensus estimates of $10.11 by $2.43. The business had revenue of $44.48 billion during the quarter, compared to the consensus estimate of $39.47 billion. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The firm’s revenue was up 48.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.28 EPS. Research analysts anticipate that Valero Energy will post 49.86 EPS for the current year.
Valero Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, July 31st were issued a $1.20 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. Valero Energy’s dividend payout ratio (DPR) is presently 19.92%.
Institutional Trading of Valero Energy
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VLO. Whipplewood Advisors LLC boosted its stake in shares of Valero Energy by 3,400.0% during the 1st quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock worth $26,000 after acquiring an additional 102 shares during the last quarter. Cornerstone Financial Management LLC increased its stake in shares of Valero Energy by 57.6% in the 2nd quarter. Cornerstone Financial Management LLC now owns 104 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 38 shares in the last quarter. Financial Life Planners bought a new position in Valero Energy in the 1st quarter worth $28,000. Valued Wealth Advisors LLC raised its holdings in Valero Energy by 134.0% in the 1st quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock worth $29,000 after purchasing an additional 67 shares during the period. Finally, University of Texas Texas AM Investment Management Co. lifted its position in Valero Energy by 157.0% during the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 203 shares of the oil and gas company’s stock valued at $33,000 after purchasing an additional 124 shares in the last quarter. 78.69% of the stock is owned by hedge funds and other institutional investors.
Valero Energy Company Profile
Valero Energy Corporation is an international petroleum refining, renewable fuels and marketing company headquartered in San Antonio, Texas. Founded in 1980, the company processes crude oil and other feedstocks into transportation fuels and other products used by commercial, industrial and consumer customers.
Valero’s refined products include gasoline, diesel, jet fuel, asphalt, lubricants and petrochemical feedstocks. The company also produces and markets ethanol and renewable diesel, including through its Diamond Green Diesel joint venture with Darling Ingredients.
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