Valero Energy (NYSE:VLO) is scheduled to be announcing its earnings results before the market opens on Thursday, October 25th. Analysts expect the company to announce earnings of $1.88 per share for the quarter.
Valero Energy (NYSE:VLO) last posted its quarterly earnings data on Thursday, July 26th. The oil and gas company reported $2.15 EPS for the quarter, topping the consensus estimate of $1.98 by $0.17. Valero Energy had a return on equity of 12.06% and a net margin of 4.21%. The firm had revenue of $31.02 billion for the quarter, compared to the consensus estimate of $26.56 billion. During the same quarter last year, the company earned $1.23 earnings per share. The business’s revenue for the quarter was up 39.4% compared to the same quarter last year. On average, analysts expect Valero Energy to post $6 EPS for the current fiscal year and $10 EPS for the next fiscal year.
NYSE VLO opened at $103.74 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.10 and a current ratio of 1.67. Valero Energy has a 52 week low of $75.84 and a 52 week high of $126.98. The stock has a market capitalization of $48.62 billion, a PE ratio of 20.92, a P/E/G ratio of 1.96 and a beta of 1.03.
Several research analysts have recently commented on VLO shares. Morgan Stanley set a $145.00 price objective on Valero Energy and gave the stock a “buy” rating in a research note on Friday, October 12th. ValuEngine downgraded Valero Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 4th. Tudor Pickering cut Valero Energy from a “buy” rating to a “hold” rating in a research report on Thursday, October 11th. JPMorgan Chase & Co. increased their target price on Valero Energy from $128.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, July 27th. Finally, Citigroup increased their target price on Valero Energy from $125.00 to $134.00 and gave the stock a “buy” rating in a research report on Friday, September 7th. Thirteen analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Valero Energy has a consensus rating of “Hold” and a consensus target price of $116.18.
In related news, Director Stephen M. Waters sold 1,000 shares of the stock in a transaction dated Monday, July 30th. The stock was sold at an average price of $116.76, for a total transaction of $116,760.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.41% of the company’s stock.
Valero Energy Company Profile
Valero Energy Corporation operates as an independent petroleum refining and ethanol producing company. It operates through three segments: Refining, Ethanol, and VLP (Valero Energy Partners LP). The company is involved in oil and gas refining, marketing, and bulk selling activities. It produces conventional and premium gasolines, gasoline meeting the specifications of the California Air Resources Board (CARB), diesel fuels, low-sulfur and ultra-low-sulfur diesel fuels, CARB diesel, other distillates, jet fuels, asphalts, petrochemicals, lubricants, and other refined petroleum products.
Recommended Story: How is a Moving Average Calculated?
Receive News & Ratings for Valero Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valero Energy and related companies with MarketBeat.com's FREE daily email newsletter.