Vitesse Energy Inc [VTS] stock prices are down -0.87% to $26.25 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VTS shares have gain 5.00% over the last week, with a monthly amount drifted -2.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Vitesse Energy Inc [NYSE: VTS] stock has seen the most recent analyst activity on December 17, 2024, when Alliance Global Partners upgraded its rating to a Buy but kept the price target unchanged to $29 for it. Previously, Alliance Global Partners downgraded its rating to Neutral on November 06, 2024, and kept the price target unchanged to $26. On November 16, 2023, Alliance Global Partners initiated with a Buy rating and assigned a price target of $27 on the stock. Northland Capital upgraded its rating to a Outperform and increased its price target to $28 on October 17, 2023. ROTH MKM initiated its recommendation with a Buy and recommended $30.50 as its price target on October 16, 2023. Northland Capital downgraded its rating to Market Perform for this stock on August 09, 2023, and upped its price target to $24. In a note dated June 05, 2023, Evercore ISI downgraded an In-line rating on this stock and boosted its target price from $22 to $25.
The stock price of Vitesse Energy Inc [VTS] has been fluctuating between $19.63 and $28.41 over the past year. Currently, Wall Street analysts expect the stock to reach $26.5 within the next 12 months. Vitesse Energy Inc [NYSE: VTS] shares were valued at $26.25 at the most recent close of the market. An investor can expect a potential return of 0.95% based on the average VTS price forecast.
Analyzing the VTS fundamentals
The Vitesse Energy Inc [NYSE:VTS] reported sales of 255.37M for trailing twelve months, representing a surge of 5.86%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.09 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
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 25.90 points at the first support level, and at 25.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.69, and for the 2nd resistance point, it is at 27.14.
Ratios To Look Out For
It’s worth pointing out that Vitesse Energy Inc [NYSE:VTS]’s Current Ratio is 0.75. In addition, the Quick Ratio stands at 0.75 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 3.04, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 18.84.
Transactions by insiders
Recent insider trading involved Gerrity Robert W, Chief Executive Officer, that happened on Sep 13 ’24 when 10000.0 shares were purchased.
