In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Vital Energy Inc. (NYSE: VTLE) closed at $51.39 in the last session, down -3.18% from day before closing price of $53.08. In other words, the price has decreased by -$3.18 from its previous closing price. On the day, 1.5 million shares were traded. VTLE stock price reached its highest trading level at $53.0339 during the session, while it also had its lowest trading level at $50.94.
Ratios:
We take a closer look at VTLE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.77.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1884049920 and an Enterprise Value of 3761597696. 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 4.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 2.216 whereas that against EBITDA is 3.561.
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 -2.40%, while the 200-Day Moving Average is calculated to be 2.36%.
Shares Statistics:
According to the various share statistics, VTLE traded on average about 728.83K shares per day over the past 3-months and 585290 shares per day over the past 10 days. A total of 35.41M shares are outstanding, with a floating share count of 21.20M. Insiders hold about 42.18% of the company’s shares, while institutions hold 55.71% stake in the company. Shares short for VTLE as of 1713139200 were 8461173 with a Short Ratio of 11.61, compared to 1710460800 on 6761197. Therefore, it implies a Short% of Shares Outstanding of 8461173 and a Short% of Float of 34.64.
