The stock of Valero Energy Corp. (NYSE:VLO) last traded at $159.39, up 0.48% from the previous session.
VLO stock price is now 15.52% away from the 50-day moving average and 23.27% away from the 200-day moving average. The market capitalization of the company currently stands at $52.99B.
On October 30, 2023, Tudor Pickering Holt & Co. Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $150 to quote $130, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, Gorder Joseph W, Director sold 75,580 shares of the company’s stock on Aug 14 ’23. 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 $99.12 million. A total of 0.51% of the company’s stock is owned by insiders.
During the past 12 months, Valero Energy Corp. has had a low of $104.18 and a high of $160.48. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 1.56, and a quick ratio of 1.11. The fifty day moving average price for VLO is $138.55 and a two-hundred day moving average price translates $129.52 for the stock.
The latest earnings results from Valero Energy Corp. (NYSE: VLO) was released for Dec, 2023. According to the Oil & Gas Refining & Marketing Company, earnings per share came in at $3.55, beating analysts’ expectations of $2.96 by 0.59. This compares to $8.07 EPS in the same period last year. The net profit margin was 6.08% and return on equity was 35.30% for VLO. The company reported revenue of $35.41 billion for the quarter, compared to $41.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -15.17 percent. For the current quarter, analysts expect VLO to generate $30.64B in revenue.
