As of Thursday close, Valero Energy Corporation’s (NYSE:VLO) stock was up $1.08, moving up 0.82 percent to $132.02. The average number of shares traded per day over the past five days has been 3,722,840 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.84 fall in that time frame. In the last twenty days, the average volume was 3,700,740, while in the previous 50 days, it was 3,711,892.
Since last month, VLO stock rose 11.86%. Shares of the company fell to $113.70 on 07/18/23, the lowest level in the past month. A 52-week high of $150.39 was reached on 01/27/23 after having rallying from a 52-week low of $97.73. Since the beginning of this year, VLO’s stock price has risen by 4.07% or $5.16, and marked a new high 12 times. However, the stock has declined by -12.21% since its 52-week high.
VLO stock investors should be aware that Valero Energy Corporation (VLO) stock had its last reported insider trading activity 4 days ago on Aug 14. Gorder Joseph W, the Director of the company, disposed of 75,580 shares for $135.99 on Aug 14. It resulted in a $10,278,389 divestment by the insider. Simmons Gary K. sold 1,750 shares at an average price of $135.16 on Nov 16. The insider now owns 165,299 shares following the transaction. On Oct 28, COB & CEO Gorder Joseph W sold 37,567 shares at $127.00 apiece. The transaction was valued at $4,770,919.
Valuation Metrics
Right now, Valero Energy Corporation (VLO) has a P/E ratio of about 4.55. The stock’s beta is 1.63. Besides these, the trailing price-to-sales (P/S) ratio of 0.29, the price-to-book (PB) ratio of 1.83, and the price-to-cash flow ratio of 4.76 may also be considered.
The latest dividend of $1.02 per share was paid out, remained unchanged from last year’s $1.02. On Tuesday January 31 2023, a $0.04 dividend increase was announced.
Financial Health
In the three months ended June 29, Valero Energy Corporation’s quick ratio stood at 1.10, while its current ratio was 1.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.39, and the total debt-to-equity ratio was 0.44. On the profitability front, the trailing twelve-month gross margin is 10.20% percent. In the year ended June 29, EBITDA margin amounted to 11.00%, whereas operating margins totaled 9.40%. Based on annual data, VLO earned $15.69 billion in gross profit and brought in $176.38 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 34.30%. Return on equity (ROE) for the past 12 months was 45.30%.
In Valero Energy Corporation’s quarter-end financial report for June 29, it reported total debt of $10.13 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VLO’s revenue fell -49.65% to $36.44 billion during the quarter, while net income inched up to $34.51 billion. While analysts expected Valero Energy Corporation to report $5.08 quarterly earnings, the actual figure was $5.4 per share, beating the consensus estimate by 6.30%. During the quarter, the company generated $3.43 billion in EBITDA. The liabilities of Valero Energy Corporation were 32.67 billion at the end of its most recent quarter ended June 29, and its total debt was $11.32 billion. The value of shareholders’ equity is $353.13 million.
Technical Picture
This quick technical analysis looks at Valero Energy Corporation’s (VLO) price momentum. With a historical volatility rate of 32.49%, the RSI 9-day stood at 56.58% on 17 August.
With respect to its five-day moving average, the current Valero Energy Corporation price is down by -2.11% percent or -$2.84. At present, VLO shares trade +9.35% above its 20-day simple moving average and +2.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately +20.82% above its SMA50 and +4.79% above its SMA200.
Stochastic coefficient K was 52.55% and Stochastic coefficient D was 63.89%, while ATR was 3.86. Given the Stochastic reading of 56.45% for the 14-day period, the RSI (14) reading has been calculated as 59.68%. As of today, the MACD Oscillator reading stands at -1.87, while the 14-day reading stands at 0.25.
Analyst Ratings
Valero Energy Corporation downgraded its rating on Valero Energy Corporation (NYSE: VLO) to a Neutral in a note to investors on August 15, 2023. The analysts firm previously had a Buy rating on the stock.Valero Energy Corporation (VLO) has been rated Overweight by analysts. According to 1 brokerage firm, VLO is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Valero Energy Corporation stock as buy, with 14 recommending it as overweight.
With a median target price of $150.00, the current consensus forecast for the stock is $113.00 – $171.00. Based on these forecasts, analysts predict Valero Energy Corporation (VLO) will achieve an average price target of $147.05.
