The stock of Valero Energy Corporation (NYSE:VLO) decreased by -$0.21 on Tuesday to finish at $131.39, down -0.16 percent. The last five days have seen an average of 3,535,880 shares of common stock traded. 12 times new highs were reached in the current year, with a gain of $4.53. The average number of shares traded over the last 20 days was 3,535,345, while the average volume over the last 50 days totaled 3,482,086.
VLO stock appreciated 1.92% since last month. On 08/03/23, the company’s shares reached a one-month low of $122.57. The stock touched a high of $150.39 on 01/27/23, after rallying from a low of $97.73 in 52 weeks. The price of VLO stock has risen by 3.57% or $4.53 this year, reaching a new high 12 times. Still, the stock price is down -12.63% from the 52-week high.
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Insider Transactions
VLO stock investors should be aware that Valero Energy Corporation (VLO) stock had its last reported insider trading activity 16 days ago on Aug 14. On Aug 14, Director Gorder Joseph W sold 75,580 shares at $135.99 each. This transaction resulted in the insider making $10,278,389. On Nov 16, Simmons Gary K. sold 1,750 shares at a price of US$135.16. After the transaction, the insider now owns 165,299 shares. COB & CEO Gorder Joseph W had earlier sold 37,567 shares on Oct 28 for $127.00 a share. The transaction was completed for $4,770,919.
Valuation Metrics
Valero Energy Corporation (VLO) has a trailing price-to-earnings (P/E) ratio of 4.53. Beta for the stock is 1.64. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.29, the price-to-book (PB) ratio of 1.82, and the price-to-cash flow ratio of 4.75.
Company paid $1.02 per share in dividends, remained unchanged from $1.02 last year. A $0.04 dividend increase was reported on Tuesday January 31 2023.
Financial Health
For the recent quarter, Valero Energy Corporation’s quick ratio was 1.10, while its current ratio was 1.60, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.39, and the total debt to equity ratio is 0.44. As far as profitability goes, gross margin for the trailing twelve months is 10.20% percent. Valero Energy Corporation’s EBITDA margin for the recent year was 11.00%, whereas its operating margin stood at 9.40% for the same period. Based on annual data, it had gross profit of $15.69 billion and revenue of $176.38 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VLO’s return on assets (ROA) during the last 12 months has been 18.10%. There was a 34.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 45.30%.
Earnings Surprise
A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $34.51 billion, while revenues fell by -49.65% to $36.44 billion. EBITDA was $3.43 billion for the quarter. At the end of Valero Energy Corporation’s most recent quarter, its liabilities totaled 32.67 billion, while its total debt was $11.32 billion. Equity owned by shareholders amounts to $353.13 million.
Technical Picture
Here’s a quick look at Valero Energy Corporation’s (VLO) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 52.46%, suggesting the stock is Neutral, with a 21.11% historical volatility rate.
The stochastic %K and %D were 44.91% and 40.11% respectively, while the average true range (ATR) was 3.77. Based on the 14-day stochastic reading of 39.91%, the RSI (14) reading is 55.42%. On the 9-day MACD Oscillator, the stock is at 0.64, and the 14-day reading is at -0.47.
Analyst Ratings
Valero Energy Corporation (NYSE: VLO) was downgraded by BofA Securities to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Valero Energy Corporation (VLO) an Overweight rating. VLO is a stock that is recommended for selling by 1 brokerage firm, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 13 others recommend it as a buy.
What is VLO’s price target for the next 12 months?
The current consensus forecast for the stock is between $113.00 and $171.00, with a median target price of $151.00. In analyzing these forecasts, the average price target given by analysts for Valero Energy Corporation (VLO) is $146.94.
