Vital Energy Inc. (NYSE:VTLE) saw an upside of 3.95% to close Friday at $56.60 after adding $2.15 on the day. The 5-day average trading volume is 505,060 shares of the company’s common stock. It has gained $56.80 in the past week and touched a new high 2 times within the past 5 days. An average of 641,975 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 680,380.
VTLE’s 1-month performance is 18.46% or $8.08 on its low of $47.20 reached on 07/21/23. The company’s shares have touched a 52-week low of $39.74 and high of $83.22, with the stock’s rally to the 52-week high happening on 08/09/23. YTD, VTLE has achieved 10.07% or $5.18 and has reached a new high 8 times. However, the current price is down -31.99% from the 52-week high price.
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Insider Transactions
VTLE stock investors last saw insider trading activity on May 19.SEGNER EDMUND P III (Director) most recently sold 1,155 shares at $44.00 per share on May 19. This transaction cost the insider $50,820. President & CEO, PIGOTT M. JASON, sold 3,750 shares at a price of $55.31 on Feb 01.
Valuation Metrics
VTLE stock has a beta of 3.33. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.59 while the price-to-book (PB) in the most recent quarter is 0.64, with the price to cash flow ratio at 22.01.
Vital Energy Inc.’s quick ratio for the period ended June 29 was 0.60, with the current ratio over the same period at 0.60. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.01, while the total debt to equity was 1.01. In terms of profitability, the gross margin trailing 12 months is 77.40%. The trailing 12-month EBITDA margin is 73.40% while for the period ending June 29, Vital Energy Inc.’s operating margin was 38.60%. The firm’s gross profit as reported stood at $1.06 billion against revenue of $1.92 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 10.94% to $294.81 million, while revenue of $113.94 million was 61.35% off the previous quarter. Analysts expected VTLE to announce $3.96 per share in earnings in its latest quarter, but it posted $4.35, representing a 9.80% surprise. EBITDA for the quarter stood at more than $224.79 million. VTLE stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.21 billion, with total debt at $1.74 billion. Shareholders hold equity totaling $18.6 million.
Let’s look briefly at Vital Energy Inc. (VTLE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 66.38% to suggest the stock is trending Neutral, with historical volatility in this time period at 36.06%.
The stock’s 5-day moving average is $54.96, reflecting a -0.21% or -$0.12 change from its current price. VTLE is currently trading +15.32% above its 20-day SMA, +29.11% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +24.26% and SMA200 by-12.45%.
Stochastic %K and %D was 57.26% and 53.41% and the average true range (ATR) pointed at 2.31. The RSI (14) points at 65.28%, while the 14-day stochastic is at 74.66% with the period’s ATR at 2.26. The stock’s 9-day MACD Oscillator is pointing at -0.45 and 0.53 on the 14-day charts.
Analyst Ratings
What is VTLE’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $54.00 and a high of $122.00, with their median price target at $65.50. Looking at these predictions, the average price target given by analysts is for Vital Energy Inc. (VTLE) stock is $76.50.
