Media stories about Valero Energy Partners (NYSE:VLP) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Valero Energy Partners earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned media headlines about the pipeline company an impact score of 47.429532506292 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several research analysts have weighed in on VLP shares. Zacks Investment Research downgraded Valero Energy Partners from a “hold” rating to a “sell” rating in a report on Sunday, January 21st. Mizuho set a $53.00 price target on Valero Energy Partners and gave the company a “buy” rating in a report on Sunday, October 29th. Barclays downgraded Valero Energy Partners from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $50.00 to $49.00 in a report on Wednesday, January 17th. Mitsubishi UFJ Financial Group reiterated an “overweight” rating on shares of Valero Energy Partners in a report on Friday, October 27th. Finally, Credit Suisse Group started coverage on Valero Energy Partners in a report on Thursday, January 4th. They issued a “neutral” rating and a $47.00 price target for the company. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. Valero Energy Partners currently has a consensus rating of “Hold” and a consensus price target of $50.56.
Shares of Valero Energy Partners (NYSE VLP) opened at $40.22 on Monday. The company has a market capitalization of $2,842.31, a price-to-earnings ratio of 14.52, a PEG ratio of 1.24 and a beta of 0.65. The company has a current ratio of 4.26, a quick ratio of 4.26 and a debt-to-equity ratio of 5.05. Valero Energy Partners has a twelve month low of $39.49 and a twelve month high of $50.92.
Valero Energy Partners (NYSE:VLP) last released its quarterly earnings data on Friday, February 2nd. The pipeline company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.01). The firm had revenue of $126.30 million for the quarter, compared to analyst estimates of $123.24 million. Valero Energy Partners had a return on equity of 158.05% and a net margin of 52.75%. The company’s quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.77 earnings per share. research analysts predict that Valero Energy Partners will post 2.94 earnings per share for the current year.
The company also recently disclosed a dividend, which was paid on Tuesday, February 13th. Stockholders of record on Monday, February 5th were issued a dividend of $0.5075 per share. The ex-dividend date was Friday, February 2nd. This represents a dividend yield of 0.0109210243167635%. Valero Energy Partners’s payout ratio is 73.29%.
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About Valero Energy Partners
Valero Energy Partners LP owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The Company’s assets include crude oil and refined petroleum products pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries.
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