Valero Energy Corp. (NYSE: VLO) has experienced a decline in its stock price by -3.01 compared to its previous closing price of 167.51. However, the company has seen a fall of -3.03% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-29 that These companies saw their stocks spike after impressively beating earnings expectations last week and more upside could be ahead considering EPS estimates for fiscal 2024 have trended higher afterwards.
Is It Worth Investing in Valero Energy Corp. (NYSE: VLO) Right Now?
Valero Energy Corp. (NYSE: VLO) has a higher price-to-earnings ratio of 8.04x compared to its average ratio, The 36-month beta value for VLO is at 1.53. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 3 rating it as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for VLO is 330.76M, and currently, shorts hold a 3.51% of that float. The average trading volume for VLO on April 30, 2024 was 3.32M shares.
VLO’s Market Performance
VLO stock saw a decrease of -3.03% in the past week, with a monthly decline of -5.89% and a quarterly a decrease of 14.50%. The volatility ratio for the week is 2.42%, and the volatility levels for the last 30 days are 2.62% for Valero Energy Corp. (VLO). The simple moving average for the past 20 days is -5.52% for VLO’s stock, with a 17.31% simple moving average for the past 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 $185 based on the research report published on April 29, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see VLO reach a price target of $190, previously predicting the price at $175. The rating they have provided for VLO stocks is “Buy” according to the report published on April 08th, 2024.
Mizuho gave a rating of “Neutral” to VLO, setting the target price at $173 in the report published on March 22nd of the current year.
VLO Trading at 0.91% 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 -12.08% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 2.42%, as shares sank -8.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.44% upper at present.
During the last 5 trading sessions, VLO fell by -3.02%, which changed the moving average for the period of 200-days by +43.18% in comparison to the 20-day moving average, which settled at $171.22. In addition, Valero Energy Corp. saw 24.98% 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:
- 0.07 for the present operating margin
- 0.08 for the gross margin
The net margin for Valero Energy Corp. stands at 0.05. The total capital return value is set at 0.2. Equity return is now at value 27.41, with 11.39 for asset returns.
Based on Valero Energy Corp. (VLO), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.73. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 16.14.
Currently, EBITDA for the company is 14.84 billion with net debt to EBITDA at 0.54. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 11.53for trailing twelve months and the total asset turnover is 2.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.
Conclusion
In conclusion, Valero Energy Corp. (VLO) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
