A Stock With Stellar Fundamentals? Valero Energy Corp. (NYSE:VLO): Is It Right For You?

Stocks of Valero Energy Corp. (NYSE:VLO) traded higher last session on Wall Street, up 1.03% to $125.36.

According to the data, Valero Energy Corp. (NYSE:VLO) has 22 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $171.00 and a low of $130.00, we find $153.00. Given the previous closing price of $124.08, this indicates a potential upside of 23.31 percent. VLO stock price is now -3.35% away from the 50-day moving average and -0.46% away from the 200-day moving average. The market capitalization of the company currently stands at $42.68B.

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A total of 6 analysts have issued a hold rating and 13 have given it a buy rating. Brokers who have rated the stock have averaged $150.84 as their price target over the next twelve months.

With the price target reduced from $150 to $130, Tudor Pickering Holt & Co. Downgraded its rating from Buy to Hold for Valero Energy Corp. (NYSE: VLO).

In other news, Gorder Joseph W, Director sold 75,580 shares of the company’s stock on Aug 14. The stock was sold for $10,278,389 at an average price of $135.99. Upon completion of the transaction, the Director now directly owns 621,872 shares in the company, valued at $77.96 million. Insiders disposed of 386,386 shares of company stock worth roughly $48.44 million over the past 1 year. A total of 0.49% of the company’s stock is owned by insiders.

Thursday’s opening bell rang with an opening price of $124.97 for Valero Energy Corp. (NYSE: VLO). During the past 12 months, Valero Energy Corp. has had a low of $104.18 and a high of $152.20. As of last week, the company has a debt-to-equity ratio of 0.44, a current ratio of 1.51, and a quick ratio of 1.08. The fifty day moving average price for VLO is $129.36 and a two-hundred day moving average price translates $125.87 for the stock.

The latest earnings results from Valero Energy Corp. (NYSE: VLO) was released for Sep, 2023. According to the Oil & Gas Refining & Marketing Company, earnings per share came in at $7.49, beating analysts’ expectations of $7.47 by 0.02. This compares to $7.19 EPS in the same period last year. The net profit margin was 7.09% and return on equity was 44.73% for VLO. The company reported revenue of $38.4 billion for the quarter, compared to $44.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.61 percent. For the current quarter, analysts expect VLO to generate $37.43B in revenue.

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