Media coverage about Valero Energy (NYSE:VLO) has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Valero Energy earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.2818666390427 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern’s rankings:
Several brokerages have commented on VLO. Standpoint Research downgraded Valero Energy from a “buy” rating to a “hold” rating and set a $84.00 target price for the company. in a research note on Thursday, November 16th. Piper Jaffray Companies reissued a “hold” rating and set a $78.00 target price on shares of Valero Energy in a research note on Friday, November 17th. Barclays upped their price objective on Valero Energy from $86.00 to $108.00 and gave the company an “overweight” rating in a research note on Tuesday, November 14th. UBS upped their price objective on Valero Energy from $80.00 to $83.00 and gave the company a “neutral” rating in a research note on Wednesday, November 15th. Finally, Scotiabank reaffirmed a “buy” rating and issued a $84.00 price objective on shares of Valero Energy in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $79.28.
Shares of Valero Energy (VLO) traded down $0.54 during trading on Tuesday, hitting $83.63. The stock had a trading volume of 4,049,300 shares, compared to its average volume of 4,049,284. Valero Energy has a 1 year low of $60.69 and a 1 year high of $85.86. The stock has a market cap of $36,831.19, a price-to-earnings ratio of 18.18, a PEG ratio of 1.75 and a beta of 1.20. The company has a current ratio of 1.91, a quick ratio of 1.24 and a debt-to-equity ratio of 0.39.
Valero Energy (NYSE:VLO) last announced its quarterly earnings data on Thursday, October 26th. The oil and gas company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.08. The company had revenue of $23.56 billion during the quarter, compared to analyst estimates of $19.42 billion. Valero Energy had a return on equity of 9.87% and a net margin of 2.33%. The firm’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.24 EPS. equities analysts forecast that Valero Energy will post 4.84 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be paid a $0.70 dividend. The ex-dividend date is Monday, November 20th. This represents a $2.80 dividend on an annualized basis and a yield of 3.35%. Valero Energy’s dividend payout ratio (DPR) is currently 60.48%.
In other news, Director Stephen M. Waters sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $68.00, for a total transaction of $102,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Michael S. Ciskowski sold 53,012 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $72.88, for a total value of $3,863,514.56. Following the transaction, the chief financial officer now directly owns 67,413 shares in the company, valued at $4,913,059.44. The disclosure for this sale can be found here. Insiders sold a total of 58,268 shares of company stock worth $4,263,601 over the last ninety days. Insiders own 0.45% of the company’s stock.
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About Valero Energy
Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company’s segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations.
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