Reasons why Vermilion Energy Inc.’s (NYSE:VET) fundamentals are futile

In yesterday’s Wall Street session, Vermilion Energy Inc. (NYSE:VET) shares traded at $13.38, down -2.48% from the previous session.

14 analysts cover Vermilion Energy Inc. (NYSE:VET), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $30.66 and a low of $14.32, we find $18.39. Given the previous closing price of $13.72, this indicates a potential upside of 34.04 percent. VET stock price is now 7.18% away from the 50-day moving average and -11.31% away from the 200-day moving average. The market capitalization of the company currently stands at $2.79B.

The stock has received a hold rating from 7 analysts and a buy rating from 6. Brokers who have rated the stock have averaged $19.11 as their price target over the next twelve months.

Insiders disposed of 4,849,762 shares of company stock worth roughly $64.89 million over the past 1 year. A total of 0.15% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in VET stock. A new stake in Vermilion Energy Inc. shares was purchased by VOLORIDGE INVESTMENT MANAGEMENT, LLC during the first quarter worth $3,874,000. AEGIS FINANCIAL CORP invested $3,746,000 in shares of VET during the first quarter. In the first quarter, COBALT CAPITAL MANAGEMENT, INC. acquired a new stake in Vermilion Energy Inc. valued at approximately $3,546,000. QUADRATURE CAPITAL LTD acquired a new stake in VET for approximately $2,853,000. AIGEN INVESTMENT MANAGEMENT, LP purchased a new stake in VET valued at around $793,000 in the second quarter.

On Wednesday morning Vermilion Energy Inc. (NYSE: VET) stock kicked off with the opening price of $13.57. During the past 12 months, Vermilion Energy Inc. has had a low of $10.75 and a high of $30.17. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 0.80, and a quick ratio of 0.80. According to the stock market information, the enterprise value for the company is $2.93B, which is based on a 1.60 price-to-earnings ratio, a 0.08 price-to-earnings-growth ratio, and a beta of 2.28. The fifty day moving average price for VET is $12.51 and a two-hundred day moving average price translates $15.05 for the stock.

According to the Oil & Gas E&P Company, earnings per share came in at $1.72, beating analysts’ expectations of $0.72 by 1. This compares to $1.33 EPS in the same period last year. The net profit margin was 44.60% and return on equity was 44.20% for VET. The company reported revenue of $395.0 million for the quarter, compared to $621.1 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -36.4 percent. For the current quarter, analysts expect VET to generate $383.97M in revenue.

In terms of dividend payout ratio, VET is presently at 3.70%.

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