On December 03, 2019, Valero Energy Corporation (NYSE:VLO) shares lost -1.79% or -1.71 points to close at $93.89 with a heavy trading volume of 3.344 million shares. It opened the trading session at $94.84, the shares rose to $94.895 and dropped to $93.75, the range by which the price of stock traded the whole day. The company now has a market cap of $39.2 billion and currently has 417.58 million outstanding shares. Valero Energy Corporation (VLO) stock has plunged -5.98 percent of market value in 21 trading days.
VLO stock’s trailing 3-year beta is 1.48, meaning there will be a greater rate of return, although posing a higher risk. The part of a firm’s profit given to each outstanding share of regular stock was $5.47 share in the trailing 52 weeks. The stock’s value surged 25.24 percent year to date (YTD) compared to a rise of 17.51 percent in 52 week’s period. The firm’s shares are still trading -7.94 percent below its 1-year high of $101.99 and 36.45 percent up from 52-week low of $68.81. The average consensus ranking on the company is 1.9, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.
Valero Energy Corporation (VLO) is most likely going to rise 15.4 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $124-month high price target. This represents a whopping 32.07 percent increase from the current trading of shares. The 52-week median price target given by the analysts is $109, which means a return possibility of 16.09 percent in comparison with the closing price of the stock of $93.89 on December 03. The lowest price set for the stock is $91 — just above -3.08 percent from VLO share price now.
Past records have indicated that shares in Valero Energy Corporation rose on 20 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of VLO’s Q4 earnings on January 30. Analysts are predicting revenue to suffer decline of -11.2 percent to $25.5B in the financial fourth quarter, while EPS will soar by about -16.98 percent to $1.76 per share. In the last quarter, it earnings of $0.34 per share came worse than the $1.69603, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $27.25B, topping the $25.93B analysts had expected. Earnings are seen to rise by 46.7 percent this year, 95.26 percent in the coming year and the trend continues by 4.18 percent every year in the next 5 years.
Let’s take a glimpse at some insider activity at Valero Energy Corporation (NYSE:VLO) and observe the pattern. The earliest insider trade happened on 02/20/2019. Waters Stephen M gathered a total of 0.5 thousand shares of the firm at average share price of $84.97. The total amount for the purchase was set at $42.49 thousand. On completing this exchange, the Director account balance was 0.5 thousand shares. The stock grew 12.51 percent from that insider purchase. On 12/11/2018, WEISENBURGER RANDALL J, Director, did a purchase of 25 thousand shares at a price of $72.74 per share. This increased 1.82 million shares to the insider’s fortune and the stock experienced a 31.43 percent rally in price since the news became public. This exchange saw 53.72 thousand shares get into the Director account.
On 10/29/2018, Director EBERHART PAULETT recorded a purchase transaction valued at $5.17 thousand. The purchase at $86.23 a share has added 0.06 thousand shares into the insider’s portfolio position. Meanwhile, shares price witnessed 10.87 percent increase since the transaction reporting date. The company insider is left with 4.22 thousand shares remaining in the account. Waters Stephen M, who works as Director at the company, performed a sale of 1 thousand shares in a transaction worth $116.76 thousand. The disposal recorded on 07/30/2018 was priced at $116.76 per share. The stock price plunged -18.12 percent since the transaction. Waters Stephen M currently holds a stake of 7.46 thousand in VLO stock which is worth $700.79 thousand after the insider selling.
The stock is lingering around the initial support level of $93.46. After this, the following support is at the zone of $93.03. Up until the time the VLO stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 39.64 on the daily chart, and this may be a cause for comfort. In case the price goes below $93.03 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $94.61 level may cause a pull-back move approaching $95.32 mark.
Valero Energy Corporation (VLO) shares are trading at a P/E ratio of 17.3 times earnings posted in the trailing 12 months. The industry VLO deals with has an average P/E of 13.9. Its P/B ratio is standing at 1.9X compared to the 1.7 industry average. It is additionally sporting a 0.4 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.3. Valero Energy Corporation has a 8.4% gross profit margin, with its operating margin around 3.1%. Alongside this, the company’s net profit margin currently stands at 2.1%.