Valero Energy (NYSE:VLO) Price Target Raised to $434.00

by · The Markets Daily

Valero Energy (NYSE:VLO – Free Report) had its price objective lifted by Mizuho from $300.00 to $434.00 in a research report report published on Thursday,Benzinga reports. Mizuho currently has a neutral rating on the oil and gas company’s stock.

A number of other equities research analysts have also commented on VLO. The Goldman Sachs Group increased their price target on Valero Energy from $365.00 to $457.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. TD Cowen raised their price target on Valero Energy from $338.00 to $350.00 and gave the company a “hold” rating in a report on Monday, August 3rd. Erste Group Bank downgraded Valero Energy from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Citigroup boosted their price objective on Valero Energy from $259.00 to $302.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Finally, Zacks Research upgraded Valero Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $365.19.

Check Out Our Latest Analysis on VLO

Valero Energy Price Performance

NYSE:VLO opened at $433.15 on Thursday. The firm has a market cap of $124.72 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 0.29 and a beta of 0.59. Valero Energy has a 12 month low of $155.29 and a 12 month high of $449.77. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 0.37. The company’s 50-day moving average price is $368.66 and its two-hundred day moving average price is $296.52.

Valero Energy (NYSE:VLO – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The oil and gas company reported $12.54 earnings per share for the quarter, topping the consensus estimate of $10.11 by $2.43. Valero Energy had a net margin of 5.17% and a return on equity of 26.74%. The company had revenue of $44.48 billion during the quarter, compared to analyst estimates of $39.47 billion. During the same quarter last year, the business posted $2.28 earnings per share. The company’s revenue was up 48.8% on a year-over-year basis. On average, equities analysts anticipate that Valero Energy will post 51.31 EPS for the current fiscal year.

Valero Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, July 31st were issued a $1.20 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. Valero Energy’s dividend payout ratio (DPR) is currently 19.92%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Cornerstone Financial Management LLC increased its stake in shares of Valero Energy by 57.6% in the 2nd quarter. Cornerstone Financial Management LLC now owns 104 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 38 shares during the period. Whipplewood Advisors LLC lifted its stake in shares of Valero Energy by 3,400.0% during the first quarter. Whipplewood Advisors LLC now owns 105 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 102 shares during the period. Financial Life Planners bought a new position in Valero Energy in the first quarter valued at about $28,000. Valued Wealth Advisors LLC boosted its holdings in Valero Energy by 134.0% in the first quarter. Valued Wealth Advisors LLC now owns 117 shares of the oil and gas company’s stock valued at $29,000 after acquiring an additional 67 shares during the last quarter. Finally, Global Assets Advisory LLC acquired a new stake in Valero Energy in the first quarter worth about $33,000. Institutional investors and hedge funds own 78.69% of the company’s stock.

Valero Energy News Roundup

Here are the key news stories impacting Valero Energy this week:

  • Positive Sentiment: Goldman Sachs raised its price target on Valero Energy (VLO) to $496 from $457, signaling additional upside potential and confidence in the company’s earnings outlook. Goldman Sachs Adjusts Price Target on Valero Energy
  • Positive Sentiment: Analysts expect Valero and other U.S. refiners to report potentially record third-quarter earnings as geopolitical disruptions and tighter global fuel supplies support refining margins. Valero and US Refiners Expected to Report Record Earnings
  • Positive Sentiment: Valero’s heavy-crude processing advantage, strong balance sheet and robust current margins continue to support its premium valuation. Zacks also recently assigned VLO a Strong Buy ranking following upward revisions to earnings estimates. Is it Worth Paying a Premium Price for Valero Energy Now?
  • Neutral Sentiment: Analyst views remain mixed: Mizuho lifted its target to $434 but kept a Neutral rating, while Jefferies reduced its target to $394 and maintained Hold. The divergent targets suggest valuation concerns after VLO’s sharp rally.
  • Negative Sentiment: The G7’s planned release of crude and diesel reserves, along with potential additional Russian diesel supplies, could ease fuel shortages and reduce the exceptional crack spreads currently benefiting Valero. Valero Energy Faces a Fuel Margin Test From G7 Stock Releases
  • Negative Sentiment: Some analysts view Valero’s recent profitability as driven largely by temporary geopolitical shocks, warning that normalized commodity prices and refining margins could pressure future earnings. Valero’s Exceptional Profitability Comes to an End

About Valero Energy

(Get Free Report)

Valero Energy Corporation is an international petroleum refining, renewable fuels and marketing company headquartered in San Antonio, Texas. Founded in 1980, the company processes crude oil and other feedstocks into transportation fuels and other products used by commercial, industrial and consumer customers.

Valero’s refined products include gasoline, diesel, jet fuel, asphalt, lubricants and petrochemical feedstocks. The company also produces and markets ethanol and renewable diesel, including through its Diamond Green Diesel joint venture with Darling Ingredients.

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