As of Thursday close, Vermilion Energy Inc’s (NYSE:VET) stock was down -$0.26, moving down -1.82 percent to $14.03. The average number of shares traded per day over the past five days has been 1,092,560 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.57 fall in that time frame. In the last twenty days, the average volume was 1,119,455, while in the previous 50 days, it was 1,201,522.
Since last month, VET stock retreated -0.50%. Shares of the company fell to $13.25 on 08/23/23, the lowest level in the past month. A 52-week high of $25.12 was reached on 01/03/23 after having rallying from a 52-week low of $10.75. Since the beginning of this year, VET’s stock price has dropped by -20.73% or -$3.67, and marked a new high 1 time. However, the stock has declined by -44.15% since its 52-week high.
Valuation Metrics
Right now, Vermilion Energy Inc (VET) has a P/E ratio of about 2.67. The stock’s beta is 2.26. Besides these, the trailing price-to-sales (P/S) ratio of 1.13, the price-to-book (PB) ratio of 0.80, and the price-to-cash flow ratio of 4.46 may also be considered.
The latest dividend of $0.0749 per share was paid out, which is 2.04% more than last year’s $0.0734.
Financial Health
In the three months ended June 29, Vermilion Energy Inc’s quick ratio stood at 0.83, while its current ratio was 0.85, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.25, and the total debt-to-equity ratio was 0.25. On the profitability front, the trailing twelve-month gross margin is 44.60% percent. In the year ended June 29, operating margins totaled 40.67%. Based on annual data, VET earned $1.48 billion in gross profit and brought in $2.63 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 24.24%. Return on equity (ROE) for the past 12 months was 35.24%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VET’s revenue rose 100.0% during the quarter, while net income inched up to $1.17 billion. While analysts expected Vermilion Energy Inc to report $0.32 quarterly earnings, the actual figure was $0.57 per share, beating the consensus estimate by 78.10%. During the quarter, the company generated $179.68 million in EBITDA. The liabilities of Vermilion Energy Inc were 2.5 billion at the end of its most recent quarter ended June 29, and its total debt was $954.7 million.
Technical Picture
This quick technical analysis looks at Vermilion Energy Inc’s (VET) price momentum. With a historical volatility rate of 35.08%, the RSI 9-day stood at 34.05% on 21 September.
With respect to its five-day moving average, the current Vermilion Energy Inc price is down by -10.06% percent or -$1.57. At present, VET shares trade +2.26% above its 20-day simple moving average and +10.73% percent above its 100-day simple moving average. However, the stock is currently trading approximately +2.93% above its SMA50 and -27.19% below its SMA200.
Stochastic coefficient K was 24.96% and Stochastic coefficient D was 39.93%, while ATR was 0.51. Given the Stochastic reading of 1.52% for the 14-day period, the RSI (14) reading has been calculated as 41.99%. As of today, the MACD Oscillator reading stands at -0.68, while the 14-day reading stands at -0.64.
Analyst Ratings
Vermilion Energy Inc downgraded its rating on Vermilion Energy Inc (NYSE: VET) to a Hold in a note to investors on July 25, 2023. The analysts firm previously had a Buy rating on the stock.Vermilion Energy Inc (VET) has been rated Overweight by analysts. According to 0 brokerage firms, VET is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Vermilion Energy Inc stock as buy, with 6 recommending it as overweight.
With a median target price of $18.71, the current consensus forecast for the stock is $13.94 – $30.19. Based on these forecasts, analysts predict Vermilion Energy Inc (VET) will achieve an average price target of $18.93.
