Market Update: Valero Energy Corp. (VLO) Sees Negative Movement, Closing at 162.49

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In the latest session, Valero Energy Corp. (NYSE: VLO) closed at $162.49 down -2.86% from its previous closing price of $167.28. In other words, the price has decreased by -$2.86 from its previous closing price. On the day, 3.11 million shares were traded. VLO stock price reached its highest trading level at $168.0 during the session, while it also had its lowest trading level at $160.99.

Ratios:

For a deeper understanding of Valero Energy Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.49. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.41.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 08, 2024, Reiterated its Buy rating but revised its target price to $190 from $175 previously.

On March 22, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $150 to $173.

BofA Securities Upgraded its Neutral to Buy on March 15, 2024, whereas the target price for the stock was revised from $156 to $210.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 14 ’23 when Gorder Joseph W sold 75,580 shares for $135.99 per share. The transaction valued at 10,278,389 led to the insider holds 621,872 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VLO now has a Market Capitalization of 53532983296 and an Enterprise Value of 63415984128. As of this moment, Valero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.57, and their Forward P/E ratio for the next fiscal year is 11.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 0.456 whereas that against EBITDA is 4.326.

Stock Price History:

Over the past 52 weeks, VLO has reached a high of $184.79, while it has fallen to a 52-week low of $104.18. The 50-Day Moving Average of the stock is 3.45%, while the 200-Day Moving Average is calculated to be 19.07%.

Shares Statistics:

For the past three months, VLO has traded an average of 3.47M shares per day and 2692070 over the past ten days. A total of 333.30M shares are outstanding, with a floating share count of 330.76M. Insiders hold about 0.52% of the company’s shares, while institutions hold 79.94% stake in the company. Shares short for VLO as of 1711584000 were 10954027 with a Short Ratio of 3.16, compared to 1709164800 on 10521771. Therefore, it implies a Short% of Shares Outstanding of 10954027 and a Short% of Float of 3.34.

Dividends & Splits

According to the company, the forward annual dividend rate for VLO is 4.13, from 4.08 in the trailing year. The stock’s 5-year Average Dividend Yield is 4.58.

Earnings Estimates

As of right now, OLO analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $458.94, with high estimates of $0.26 and low estimates of $162.49.

EPS for the following year is $ETF, with ETF analysts recommending between $Stocks and $Stocks.

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