The stock of Vermilion Energy Inc. (NYSE:VET) increased by $0.22 on Friday to finish at $13.78, up 1.62 percent. The last five days have seen an average of 797,880 shares of common stock traded. 1 time new highs were reached in the current year, with a fall of -$3.92. The average number of shares traded over the last 20 days was 1,251,580, while the average volume over the last 50 days totaled 1,187,200.
VET stock appreciated 4.47% since last month. On 08/02/23, the company’s shares reached a one-month low of $13.10. The stock touched a high of $30.17 on 01/03/23, after rallying from a low of $10.75 in 52 weeks. The price of VET stock has declined by -22.15% or -$3.92 this year, reaching a new high 1 time. Still, the stock price is down -54.33% from the 52-week high.
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Valuation Metrics
Vermilion Energy Inc. (VET) has a trailing price-to-earnings (P/E) ratio of 1.97. Beta for the stock is 2.26. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.09, the price-to-book (PB) ratio of 0.59, and the price-to-cash flow ratio of 4.40.
Company paid $0.0749 per share in dividends, an increase of 2.04% from $0.0734 last year.
Financial Health
For the three months ended June 29, Vermilion Energy Inc.’s quick ratio was 0.80, while its current ratio was 0.90, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.25, and the total debt to equity ratio is 0.25. As far as profitability goes, gross margin for the trailing twelve months is 72.80% percent. Vermilion Energy Inc.’s EBITDA margin for the year ended June 29 was 71.34%, whereas its operating margin stood at 58.00% for the same period. Based on annual data, it had gross profit of $1.48 billion and revenue of $2.63 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VET’s return on assets (ROA) during the last 12 months has been 16.70%. There was a 29.20% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 33.80%.
Earnings Surprise
According to Vermilion Energy Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.17 billion, while revenues rose by 100.0% to $0.0. It was predicted that Vermilion Energy Inc.’s quarterly earnings would be $0.56, but it ended up being $0.32, beating the consensus by 75.00%. EBITDA was $179.68 million for the quarter. At the end of Vermilion Energy Inc.’s most recent quarter ended June 29, its liabilities totaled 2.5 billion, while its total debt was $954.7 million.
Technical Picture
Here’s a quick look at Vermilion Energy Inc.’s (VET) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 44.46%, suggesting the stock is Neutral, with a 19.81% historical volatility rate.
The stochastic %K and %D were 19.85% and 24.73% respectively, while the average true range (ATR) was 0.47. Based on the 14-day stochastic reading of 24.09%, the RSI (14) reading is 49.09%. On the 9-day MACD Oscillator, the stock is at -0.32, and the 14-day reading is at -0.53.
Analyst Ratings
Vermilion Energy Inc. (NYSE: VET) was downgraded by Desjardins to a a Hold rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Vermilion Energy Inc. (VET) an Overweight rating. VET is a stock that is recommended for selling by 0 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 6 others recommend it as a buy.
What is VET’s price target for the next 12 months?
The current consensus forecast for the stock is between $14.21 and $30.31, with a median target price of $18.04. In analyzing these forecasts, the average price target given by analysts for Vermilion Energy Inc. (VET) is $18.69.
