In yesterday’s Wall Street session, Valero Energy Corp (NYSE:VLO) shares traded at $118.93, down -2.31% from the previous session.
VLO stock price is now -11.84% away from the 50-day moving average and -20.14% away from the 200-day moving average. The market capitalization of the company currently stands at $37.65B.
With the price target reduced from $145 to $140, TD Cowen maintained Buy rating for Valero Energy Corp (NYSE: VLO). , while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Greene Kimberly S,, Director sold 720 shares of the company’s stock on May 09 ’24. The stock was sold for $113,850 at an average price of $158.12. Upon completion of the transaction, the Director now directly owns 13,314 shares in the company, valued at $1.58 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 $121.44 and a high of $184.79. As of last week, the company has a debt-to-equity ratio of 0.43, a current ratio of 1.57, and a quick ratio of 1.11. The fifty day moving average price for VLO is $134.909 and a two-hundred day moving average price translates $148.91505 for the stock.
The latest earnings results from Valero Energy Corp (NYSE: VLO) was released for 2024-09-30. The net profit margin was 2.74% and return on equity was 14.37% for VLO. The company reported revenue of $32.88 billion for the quarter, compared to $38.4 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.39 percent.
