While Valero Energy Corp has overperformed by 0.06%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VLO fell by -8.10%, with highs and lows ranging from $184.79 to $116.84, whereas the simple moving average fell by -7.99% in the last 200 days.
On October 25, 2024, TD Cowen Reiterated Valero Energy Corp (NYSE: VLO) to Buy. Wells Fargo also Upgraded VLO shares as ‘Overweight’, setting a target price of $165 on the company’s shares in a report dated October 09, 2024. Piper Sandler September 20, 2024d the rating to Neutral on September 20, 2024, and set its price target from $169 to $123. Wolfe Research initiated its ‘Outperform’ rating for VLO, as published in its report on July 18, 2024. Mizuho’s report from July 17, 2024 suggests a price prediction of $175 for VLO shares, giving the stock a ‘Outperform’ rating. Argus also rated the stock as ‘Hold’.
Analysis of Valero Energy Corp (VLO)
Investors in Valero Energy Corp will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $4.34 per share. Further, the quarter-over-quarter decrease in sales is -13.18%, showing a negative trend in the upcoming months.
One of the most important indicators of Valero Energy Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 10.87% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.03, 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 also provide valuable insight into volatility, and VLO is recording 2.91M average volume. On a monthly basis, the volatility of the stock is set at 3.49%, whereas on a weekly basis, it is put at 3.07%, with a loss of -2.46% over the past seven days. Furthermore, long-term investors anticipate a median target price of $151.59, showing growth from the present price of $130.99, 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?
The Oil & Gas Refining & Marketing market is dominated by Valero Energy Corp (VLO) 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 15.45, there is a growth in quarterly earnings of -75.19%.
Along with the fundamentals, it is also important to consider how many employees own shares of 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 0.53%. 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 84.62% 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 84.62% at present.
