Valero Energy Corporation (NYSE:VLO) finished Thursday with an addition of $0.97 to close at $126.32, an upside of 0.77 percent. An average of 3,221,100 shares of common stock have been traded in the last five days. There was a gain of $3.64 in the past week, and it reached a new high 42 times over the past 12 months. The last 20 days have seen an average of 4,178,170 shares traded, while the 50-day average volume stands at 3,996,246.
VLO stock has decreased by -6.57% in the last month. The company shares reached their 1-month lowest point of $114.47 on 12/12/22. With the stock rallying to its 52-week high on 06/08/22, shares of the company touched a low of $73.47 and a high of $146.80 in 52 weeks. It has reached a new high 40 times so far this year and achieved 68.18% or $51.21 in price. In spite of this, the price is down -13.95% from the 52-week high.
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VLO stock investors should be aware that Valero Energy Corporation (VLO) stock had its last reported insider trading activity 44 days ago on Nov 16. In this transaction, the insider spent $236,521. COB & CEO, Gorder Joseph W, disposed of 37,567 shares at a price of $127.00 on Oct 28. The insider now owns more than $4,770,919 worth of shares. Prior to that, President & COO Riggs R. Lane went on to Sale 17,767 shares at $131.53 each on May 27. An amount of $2,336,933 was transacted.
Valero Energy Corporation (VLO) has a trailing price-to-earnings (P/E) ratio of 5.39. The stock’s beta is 1.64. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.27, the price-to-book (PB) ratio at 2.25, and the price-to-cash flow ratio at 5.06.
The company has a payout ratio of 16.70%. The company’s most recent quarterly dividend payment was $0.98 a share, without any change from last year. Its latest increase dividend $0.08 reported on Thursday January 23 2020.
The quick ratio of Valero Energy Corporation for the three months ended September 29 was 0.90, and the current ratio was 1.30, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.48 and a total debt to equity ratio of 0.53 for the quarter ending September 29. Its gross profit as reported stood at $2.13 billion compared to revenue of $113.98 billion.
For the three-month period that ended September 29, Valero Energy Corporation had $10.57 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $2.82 billion in the quarter, while revenues of $4.69 billion were grew 83.56%. The analyst consensus anticipated Valero Energy Corporation’s latest quarter earnings to come in at $6.84 per share, but it turned out to be $7.15, a 4.50% surprise. For the quarter, EBITDA amounted to $4.42 billion. Shareholders own equity worth $385.52 million.
From a technical analysis perspective, let’s take a brief look at Valero Energy Corporation (VLO) price momentum. RSI 9-day as of the close on 29 December was 58.01%, suggesting the stock is Neutral, with historical volatility in this time frame at 26.79%.
As of today, VLO’s price is $124.41 +2.97% or $3.64 from its 5-day moving average. VLO is currently trading -5.46% lower than its 20-day SMA and +18.73% higher than its 100-day SMA. However, the stock’s current price level is +7.32% above the SMA50 and +49.65% above the SMA200.
The stochastic %K and %D were 93.73% and 95.11%, respectively, and the average true range (ATR) was 3.85. With the 14-day stochastic at 96.11% and the average true range at 4.12, the RSI (14) stands at 53.29%. The stock has reached 3.17 on the 9-day MACD Oscillator while the 14-day reading was at 4.51.
Jefferies launched coverage on Valero Energy Corporation (NYSE: VLO) in its analyst report released on October 19, 2022. The firm assigned the stock a Buy rating. The consensus rating for Valero Energy Corporation (VLO) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell VLO, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 14 others rate it as a “buy”.