Valero Energy VLO underwent analysis by 17 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 6 | 5 | 0 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 3 | 2 | 0 | 0 | 0 |
| 3M Ago | 2 | 3 | 3 | 0 | 1 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $182.82, a high estimate of $210.00, and a low estimate of $165.00. This current average has increased by 11.16% from the previous average price target of $164.47.
Analyzing Analyst Ratings: A Detailed Breakdown
A clear picture of Valero Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| John Royall | JP Morgan | Raises | Overweight | $178.00 | $177.00 |
| Manav Gupta | UBS | Raises | Buy | $197.00 | $167.00 |
| Neil Mehta | Goldman Sachs | Raises | Sell | $171.00 | $130.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $173.00 | $150.00 |
| Roger Read | Wells Fargo | Raises | Equal-Weight | $171.00 | $138.00 |
| Doug Leggate | B of A Securities | Raises | Buy | $210.00 | $156.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Valero Energy. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Valero Energy compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Valero Energy's stock. This analysis 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.
Delving into Valero Energy's Background
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.
Unraveling the Financial Story of Valero Energy
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Challenges: Valero Energy's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -12.84%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Valero Energy's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 3.91%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Valero Energy's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.74%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.98%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.42, Valero Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
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.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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