Valero Energy Corp (VLO) stock expected to rise by 9.89%: What’s driving the optimism?

Currently, Valero Energy Corp [VLO] is trading at $141.05, up 1.21%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VLO shares have gain 10.93% over the last week, with a monthly amount glided 12.78%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Valero Energy Corp [NYSE: VLO] stock has seen the most recent analyst activity on October 25, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $140 from $145. On October 09, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $165 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $123 on September 20, 2024. Mizuho upgraded its rating to Outperform for this stock on July 17, 2024, and upped its price target to $175. In a note dated May 16, 2024, Argus downgraded an Hold rating on this stock.

This stock has fluctuated between a low of $116.84 and a high of $184.79 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $155 within the next 12 months. Valero Energy Corp [NYSE: VLO] shares were valued at $141.05 at the most recent close of the market. An investor can expect a potential return of 9.89% based on the average VLO price forecast.

Analyzing the VLO fundamentals

Trailing Twelve Months sales for Valero Energy Corp [NYSE:VLO] were 134.48B which represents -14.73% decline. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.

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 139.02 points at the first support level, and at 137.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 142.33, and for the 2nd resistance point, it is at 143.61.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Valero Energy Corp [NYSE:VLO] is 1.57. Further, the Quick Ratio stands at 1.11, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 1.77 and price to earnings (TTM) ratio is 12.65.

Transactions by insiders

Recent insider trading involved Greene Kimberly S, Director, that happened on May 09 ’24 when 720.0 shares were sold.

Related Posts