While Valero Energy Corp. has overperformed by 0.83%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VLO rose by 4.54%, with highs and lows ranging from $184.79 to $119.88, whereas the simple moving average fell by -8.53% in the last 200 days.
On October 17, 2024, BofA Securities started tracking Valero Energy Corp. (NYSE: VLO) recommending Neutral. A report published by Wells Fargo on October 09, 2024, Upgraded its rating to ‘Overweight’ for VLO. Piper Sandler also Downgraded VLO shares as ‘Neutral’, setting a target price of $123 on the company’s shares in a report dated September 20, 2024. Wolfe Research Initiated an Outperform rating on July 18, 2024, and assigned a price target of $177. Mizuho July 17, 2024d its ‘Neutral’ rating to ‘Outperform’ for VLO, as published in its report on July 17, 2024. TD Cowen also rated the stock as ‘Buy’.
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Analysis of Valero Energy Corp. (VLO)
It’s important to note that VLO shareholders are currently getting $4.23 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 0.06%, showing a positive trend in the upcoming months.
Valero Energy Corp.’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 23.13% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.04, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and VLO is registering an average volume of 2.82M. On a monthly basis, the volatility of the stock is set at 3.05%, whereas on a weekly basis, it is put at 1.63%, with a loss of -4.25% over the past seven days. Furthermore, long-term investors anticipate a median target price of $155.12, showing growth from the present price of $136.65, which can serve as yet another indication of whether VLO is worth investing in or should be passed over.
How Do You Analyze Valero Energy Corp. Shares?
A giant in the Oil & Gas Refining & Marketing market, Valero Energy Corp. (VLO) is based in the USA. When comparing Valero Energy Corp. shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 7.81, there is a growth in quarterly earnings of -50.00%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.54%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 83.61% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
VLO shares are owned by institutional investors to the tune of 83.61% at present.
