Valero Energy Corp. [VLO] stock prices are up 2.70% to $163.70 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The VLO shares have gain 9.48% over the last week, with a monthly amount glided 16.07%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 25, January 2024, Valero Energy Reports 2023 Fourth Quarter and Full Year Results. In a post published today on Yahoo Finance, Reported net income attributable to Valero stockholders of $1.2 billion, or $3.55 per share, for the fourth quarter and $8.8 billion, or $24.92 per share, for the year.
From an analyst’s perspective:
Valero Energy Corp. [NYSE: VLO] stock has seen the most recent analyst activity on March 15, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $210 from $156. On October 30, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $130 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $152 on August 15, 2023. Tudor Pickering Holt & Co. upgraded its rating to a Buy but $145 remained the price target by the analyst firm on July 31, 2023. Wells Fargo downgraded its rating to Equal Weight for this stock on April 18, 2023, and downed its price target to $135. In a note dated April 17, 2023, Tudor Pickering Holt & Co. downgraded an Hold rating on this stock.
The stock price of Valero Energy Corp. [VLO] has been fluctuating between $104.18 and $161.10 over the past year. Currently, Wall Street analysts expect the stock to reach $132.09 within the next 12 months. Valero Energy Corp. [NYSE: VLO] shares were valued at $163.70 at the most recent close of the market. An investor can expect a potential drop of -19.31% based on the average VLO price forecast.
Analyzing the VLO fundamentals
The Valero Energy Corp. [NYSE:VLO] reported sales of 144.80B for trailing twelve months, representing a drop of -15.14%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.34 and Total Capital is 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
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 161.50 points at the first support level, and at 159.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 166.00, and for the 2nd resistance point, it is at 168.30.
Valero Energy Corp. [VLO] reported earnings per share of $3.55 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 $2.96/share, meaning a difference of $0.59 and a surprise factor of 19.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $7.49 per share as compared to estimates of $7.47 per share, a difference of $0.02 representing a surprise of 0.30%.
Ratios To Look Out For
It’s worth pointing out that Valero Energy Corp. [NYSE:VLO]’s Current Ratio is 1.56. On the other hand, the Quick Ratio is 1.11, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 6.62.
Transactions by insiders
Recent insider trading involved Gorder Joseph W, Director, that happened on Aug 14 ’23 when 75580.0 shares were sold.
