In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Vital Energy Inc. (NYSE: VTLE) was $53.26 for the day, down -0.75% from the previous closing price of $53.66. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 0.54 million shares were traded. VTLE stock price reached its highest trading level at $54.23 during the session, while it also had its lowest trading level at $52.93.
Ratios:
Our analysis of VTLE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.60.
On December 08, 2023, BofA Securities started tracking the stock assigning a Underperform rating and target price of $48.
On December 06, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $58.KeyBanc Capital Markets initiated its Overweight rating on December 06, 2023, with a $58 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 01 ’23 when Lancaster Lori A bought 1,000 shares for $45.03 per share. The transaction valued at 45,030 led to the insider holds 1,747 shares of the business.
Denny Mark David sold 5,496 shares of VTLE for $300,906 on Oct 02 ’23. The SVP, Gen. Counsel & Secretary now owns 18,494 shares after completing the transaction at $54.75 per share. On May 19 ’23, another insider, SEGNER EDMUND P III, who serves as the Director of the company, sold 1,155 shares for $44.00 each. As a result, the insider received 50,820 and left with 14,328 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 1952607360 and an Enterprise Value of 3605471488. As of this moment, Vital’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.62, and their Forward P/E ratio for the next fiscal year is 4.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 2.33 whereas that against EBITDA is 3.177.
Stock Price History:
Over the past 52 weeks, VTLE has reached a high of $62.87, while it has fallen to a 52-week low of $40.00. The 50-Day Moving Average of the stock is 6.09%, while the 200-Day Moving Average is calculated to be 7.04%.
Shares Statistics:
VTLE traded an average of 758.38K shares per day over the past three months and 795440 shares per day over the past ten days. A total of 35.41M shares are outstanding, with a floating share count of 21.28M. Insiders hold about 41.96% of the company’s shares, while institutions hold 55.45% stake in the company. Shares short for VTLE as of 1711584000 were 7921921 with a Short Ratio of 10.45, compared to 1709164800 on 6845545. Therefore, it implies a Short% of Shares Outstanding of 7921921 and a Short% of Float of 32.43.
Earnings Estimates
The stock of Vital Energy Inc. (VTLE) is currently in the spotlight, with VALE S.A. analysts actively rating and assessing its market standing.
