The stock price of Valero Energy Corp. (NYSE: VLO) has plunged by -1.65 when compared to previous closing price of 173.54, but the company has seen a -5.65% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-15 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in Valero Energy Corp. (NYSE: VLO) Right Now?
The price-to-earnings ratio for Valero Energy Corp. (NYSE: VLO) is above average at 6.90x, Company’s 36-month beta value is 1.53.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for VLO is 330.76M, and currently, short sellers hold a 3.31% ratio of that floaft. The average trading volume of VLO on April 16, 2024 was 3.51M shares.
VLO’s Market Performance
VLO’s stock has seen a -5.65% decrease for the week, with a 7.08% rise in the past month and a 29.79% gain in the past quarter. The volatility ratio for the week is 2.77%, and the volatility levels for the past 30 days are at 2.48% for Valero Energy Corp. The simple moving average for the last 20 days is -1.33% for VLO stock, with a simple moving average of 25.79% for the last 200 days.
Analysts’ Opinion of VLO
Many brokerage firms have already submitted their reports for VLO stocks, with TD Cowen repeating the rating for VLO by listing it as a “Buy.” The predicted price for VLO in the upcoming period, according to TD Cowen is $190 based on the research report published on April 08, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see VLO reach a price target of $173, previously predicting the price at $150. The rating they have provided for VLO stocks is “Neutral” according to the report published on March 22nd, 2024.
BofA Securities gave a rating of “Buy” to VLO, setting the target price at $210 in the report published on March 15th of the current year.
VLO Trading at 9.92% from the 50-Day Moving Average
After a stumble in the market that brought VLO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.64% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.77%, as shares surge +4.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.41% upper at present.
During the last 5 trading sessions, VLO fell by -5.65%, which changed the moving average for the period of 200-days by +47.52% in comparison to the 20-day moving average, which settled at $173.32. In addition, Valero Energy Corp. saw 31.28% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VLO starting from Gorder Joseph W, who sale 75,580 shares at the price of $135.99 back on Aug 14 ’23. After this action, Gorder Joseph W now owns 621,872 shares of Valero Energy Corp., valued at $10,278,389 using the latest closing price.
Stock Fundamentals for VLO
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.09 for the gross margin
The net margin for Valero Energy Corp. stands at 0.06. The total capital return value is set at 0.25. Equity return is now at value 35.30, with 13.96 for asset returns.
Based on Valero Energy Corp. (VLO), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.94. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 20.03.
Currently, EBITDA for the company is 14.84 billion with net debt to EBITDA at 0.56. When we switch over and look at the enterprise to sales, we see a ratio of 0.44. The receivables turnover for the company is 11.56for trailing twelve months and the total asset turnover is 2.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.56.
Conclusion
In a nutshell, Valero Energy Corp. (VLO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
