The target price of would represent a potential gain of 29.86% over the previous closing price.
Other research firms also recently commented on VLO. Wells Fargo & Company reduced their target price for shares of Valero Energy on Friday, April 28, from $135.00 down to $126.00. Goldman Sachs Group increased their target price for shares of Valero Energy to $126.00 from $111.00 in a research report on Thursday, January 19. The company was given a "sell" rating. JPMorgan Chase & Co. increased their target price for shares of Valero Energy, from $160.00 up to $172.00. The company was given an 'overweight rating' in a research report on Tuesday, March 28, 2018. Royal Bank of Canada reduced their target price for shares of Valero Energy in a research report on Friday, 28th April from $159.00 down to $151.00. Raymond James increased their target price for shares of Valero Energy in a research report on Monday, January 30, from $169.00 up to $174.00. The company was also given a "strong-buy" rating. One analyst gave the stock a sell recommendation, four a hold recommendation, ten a buy recommendation, and one a strong-buy rating. During Friday's trading hours, the stock rose $2.73 to $107.04. The company's shares were traded at a volume of 3,872,185, as opposed to the average of 4,015,399. The 50-day moving-average of the company is $128.39, and its 200-day moving-average is $130.09. Valero Energy's one-year low is $96.93, and its one-year high is $150.39. The company's debt-to equity ratio is 0.38. It has a quick ratio (1.00) and a current of 1.52. The company has a market capitalization of $39.73 billion, a price-to-earnings ratio of 3.04, a price-to-earnings-growth ratio of 0.73 and a beta of 1.66.
The last time the company released its results was on Thursday, 27th April. The oil and gas firm reported $8.27 in earnings per share for the first quarter, exceeding analysts' expectations of $7.24. Valero Energy's return on equity was 55.32%, and its net margin was 7.86%. Revenue for the quarter was $36.44 billion, which is lower than analysts' expectations. In the same quarter last year, the company earned $2.31 per share. Valero Energy’s revenue was down by 5.5% from the same period last year. Analysts predict that Valero Energy's current fiscal year will see 23.66 EPS.
Inflows of Institutional Capital and Outflows
Recent changes in institutional investors' and hedge fund's positions have been made by the company. Pinnacle Wealth Planning Services Inc. increased its stake in Valero Energy shares by 1.2% during the fourth quarter. Pinnacle Wealth Planning Services Inc. owns 6,301 of the oil company's shares worth $799,000. This is after buying an additional 73 during the fourth quarter. Signaturefd LLC increased the value of its Valero Energy holdings by 4.9% in the fourth quarter. Signaturefd LLC owns 1,618 of the oil company's shares valued at $205,000, after adding 75 more shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Valero Energy during the third quarter by 3.8%. Parkside Financial Bank & Trust owns now 2,122 shares valued at $227,000 of the oil company's stock after acquiring 78 additional shares during the third quarter. Dynamic Advisor Solutions LLC increased their position in Valero Energy during the fourth quarter by 1.5%. Dynamic Advisor Solutions LLC owns now 5,406 shares worth $686,000 of the oil company's stock after purchasing an additional 80 during the last quarter. Grimes & Company Inc. also increased its holdings in Valero Energy during the first quarter by 4.4%. Grimes & Company Inc. owns now 1,978 shares valued at $276,000 of the oil company's stock after acquiring 84 additional shares during the previous quarter. Institutional investors and hedge fund own 79.28% the company's shares.
Valero Energy Company profile
Valero Energy Corporation is engaged in the production and marketing of transportation products and petrochemicals. The company operates in three business segments: Refining Ethanol, and Renewable Diesel. The Refining Segment consists of its refining activities, marketing assets, and logistic assets to support those operations.
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