Media headlines about Valero Energy Partners (NYSE:VLP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Valero Energy Partners earned a news impact score of 0.08 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 46.6543073406668 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Valero Energy Partners opened at $40.31 on Friday, MarketBeat Ratings reports. The firm has a market cap of $2.86 billion, a P/E ratio of 14.55, a P/E/G ratio of 1.32 and a beta of 0.81. Valero Energy Partners has a one year low of $33.25 and a one year high of $48.66. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 5.48.
Valero Energy Partners (NYSE:VLP) last announced its quarterly earnings results on Thursday, April 26th. The pipeline company reported $0.72 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.03. The firm had revenue of $131.94 million for the quarter, compared to analyst estimates of $129.53 million. Valero Energy Partners had a net margin of 48.07% and a return on equity of 119.63%. The business’s revenue for the quarter was up 24.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.72 EPS. analysts forecast that Valero Energy Partners will post 2.79 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 9th. Shareholders of record on Tuesday, May 1st were issued a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 5.23%. The ex-dividend date was Monday, April 30th. This is a positive change from Valero Energy Partners’s previous quarterly dividend of $0.51. Valero Energy Partners’s payout ratio is 76.17%.
Several equities analysts recently commented on VLP shares. Barclays cut their target price on shares of Valero Energy Partners from $49.00 to $47.00 and set an “equal weight” rating for the company in a research note on Monday, February 5th. SunTrust Banks set a $48.00 target price on shares of Valero Energy Partners and gave the company a “buy” rating in a research note on Sunday, April 22nd. TheStreet cut shares of Valero Energy Partners from a “b” rating to a “c+” rating in a research note on Friday, February 23rd. ValuEngine upgraded shares of Valero Energy Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, May 9th. Finally, Citigroup upped their target price on shares of Valero Energy Partners from $37.00 to $40.50 and gave the company a “neutral” rating in a research note on Wednesday, May 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $48.32.
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 in the United States. Its assets consists of the Port Arthur logistics system, the McKee logistics system, the Memphis logistics system, the Three Rivers logistics system, the Ardmore logistics system, the Houston logistics system, the St.
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