Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Vital Energy Inc (NYSE: VTLE) closed the day trading at $30.41 down -1.93% from the previous closing price of $31.01. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 0.76 million shares were traded. VTLE stock price reached its highest trading level at $31.87 during the session, while it also had its lowest trading level at $30.375.
Ratios:
For a better understanding of VTLE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.81.
On July 18, 2024, Wolfe Research started tracking the stock assigning a Underperform rating and target price of $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 08 ’24 when Denny Mark David sold 5,145 shares for $30.22 per share. The transaction valued at 155,482 led to the insider holds 26,358 shares of the business.
Hill Kathryn Anne sold 2,023 shares of VTLE for $61,135 on Oct 08 ’24. The SVP & Chief Operating Officer now owns 29,091 shares after completing the transaction at $30.22 per share. On Oct 10 ’24, another insider, Lemmerman Bryan, who serves as the EVP & CFO of the company, sold 10,000 shares for $28.54 each. As a result, the insider received 285,400 and left with 77,516 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VTLE now has a Market Capitalization of 1160229632 and an Enterprise Value of 3643936000. As of this moment, Vital’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.13, and their Forward P/E ratio for the next fiscal year is 3.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 1.957 whereas that against EBITDA is 2.454.
Stock Price History:
Over the past 52 weeks, VTLE has reached a high of $58.30, while it has fallen to a 52-week low of $25.85. The 50-Day Moving Average of the stock is 3.39%, while the 200-Day Moving Average is calculated to be -25.83%.
Shares Statistics:
Over the past 3-months, VTLE traded about 1.05M shares per day on average, while over the past 10 days, VTLE traded about 660800 shares per day. A total of 38.17M shares are outstanding, with a floating share count of 25.40M. Insiders hold about 33.44% of the company’s shares, while institutions hold 71.32% stake in the company. Shares short for VTLE as of 1731628800 were 6999583 with a Short Ratio of 6.65, compared to 1728950400 on 7487365. Therefore, it implies a Short% of Shares Outstanding of 6999583 and a Short% of Float of 27.01.
