In the latest quarter, 14 analysts provided ratings for Valero Energy (NYSE:VLO), showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 7 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 2 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 3 | 4 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $179.93, a high estimate of $198.00, and a low estimate of $165.00. This upward trend is apparent, with the current average reflecting a 4.35% increase from the previous average price target of $172.43.
Exploring Analyst Ratings: An In-Depth Overview
A comprehensive examination of how financial experts perceive Valero Energy is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Theresa Chen | Barclays | Lowers | Overweight | $171.00 | $173.00 |
| Nitin Kumar | Mizuho | Lowers | Neutral | $171.00 | $176.00 |
| Ryan Todd | Piper Sandler | Lowers | Overweight | $169.00 | $187.00 |
| Roger Read | Wells Fargo | Lowers | Equal-Weight | $179.00 | $184.00 |
| Ryan Todd | Piper Sandler | Lowers | Overweight | $187.00 | $198.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $176.00 | $173.00 |
| Theresa Chen | Barclays | Lowers | Overweight | $173.00 | $179.00 |
| Jason Gabelman | TD Cowen | Lowers | Buy | $185.00 | $190.00 |
| Vikram Bagri | Citigroup | Raises | Buy | $192.00 | $160.00 |
| Paul Cheng | Scotiabank | Raises | Sector Outperform | $165.00 | $138.00 |
| Jason Gabelman | TD Cowen | Raises | Buy | $190.00 | $175.00 |
| Roger Read | Wells Fargo | Raises | Equal-Weight | $184.00 | $171.00 |
| Ryan Todd | Piper Sandler | Raises | Overweight | $198.00 | $161.00 |
| Theresa Chen | Barclays | Raises | Overweight | $179.00 | $149.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Valero Energy. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Valero Energy compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Valero Energy's stock. This examination reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Valero Energy's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Valero Energy analyst ratings.
All You Need to Know About Valero Energy
Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which has the capacity to produce 1.2 billion gallons per year of renewable diesel.
Valero Energy's Financial Performance
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Negative Revenue Trend: Examining Valero Energy's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -12.84% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 3.91%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Valero Energy's ROE stands out, surpassing industry averages. With an impressive ROE of 4.74%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Valero Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.98%, the company showcases efficient use of assets and strong financial health.
Debt Management: Valero Energy's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.42.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.