At the time of writing, Vermilion Energy Inc [VET] stock is trading at $11.40, saw in change for the day. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VET shares have gain 1.15% over the last week, with a monthly amount glided 8.99%, and seem to be holding up well over a long-time horizon.
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On 6, March 2024, Vermilion Energy Inc. Announces $0.12 CDN Cash Dividend for April 15, 2024 Payment Date. In a post published today on Yahoo Finance, Vermilion Energy Inc. (“Vermilion”) (TSX: VET) NYSE: VET) is pleased to announce a cash dividend of $0.12 CDN per share, payable on April 15, 2024 to all shareholders of record on March 28, 2024. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
From an analyst’s perspective:
Vermilion Energy Inc [NYSE: VET] stock has seen the most recent analyst activity on November 06, 2023, when Desjardins upgraded its rating to a Buy. Previously, Desjardins downgraded its rating to Hold on July 25, 2023. On July 21, 2023, Canaccord Genuity initiated with a Buy rating. TD Securities downgraded its rating to a Hold. JP Morgan upgraded its rating to a Overweight. Scotiabank downgraded its rating to Sector Perform for this stock on September 16, 2022. In a note dated September 15, 2022, JP Morgan upgraded an Neutral rating on this stock.
For the past year, the stock price of Vermilion Energy Inc fluctuated between $9.81 and $15.98. Currently, Wall Street analysts expect the stock to reach $10.74 within the next 12 months. Vermilion Energy Inc [NYSE: VET] shares were valued at $11.40 at the most recent close of the market. An investor can expect a potential drop of -5.79% based on the average VET price forecast.
Analyzing the VET fundamentals
According to Vermilion Energy Inc [NYSE:VET], the company’s sales were 1.43B for trailing twelve months, which represents an -37.62% plunge. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.07 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.30 points at the first support level, and at 11.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.54, and for the 2nd resistance point, it is at 11.68.
Vermilion Energy Inc [VET] reported earnings per share of -$3.64 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.53/share, meaning a difference of -$4.17 and a surprise factor of -786.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.25 per share as compared to estimates of $0.32 per share, a difference of -$0.07 representing a surprise of -21.90%.
Ratios To Look Out For
It is important to note that Vermilion Energy Inc [NYSE:VET] has a current ratio of 1.18. Also, the Quick Ratio is 1.10, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 0.80.
