Vermilion Energy Inc (NYSE:VET) price on Friday, March 21, fall -0.48% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.22.
A look at the stock’s price movement, the close in the last trading session was $8.26, moving within a range at $8.11 and $8.24. The beta value (5-Year monthly) was 2.464. Turning to its 52-week performance, $12.79 and $7.09 were the 52-week high and 52-week low respectively. Overall, VET moved -11.14% over the past month.
Vermilion Energy Inc’s market cap currently stands at around $1.27 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-04. The company has a Forward Dividend ratio of 0.35, with its dividend yield at 4.24%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 569M for the company’s revenue for the quarter, with a low and high estimate of 550M and 588M respectively. The average forecast suggests up to a 12.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.51B, representing a 26.72% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VET is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 2 recommend VET as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VET’s current price about 3.06% and -7.98% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.16, while 7-day volatility ratio is 2.70% and 4.59% in the 30-day chart. Further, Vermilion Energy Inc (VET) has a beta value of 1.44, and an average true range (ATR) of 0.34. Analysts have given the company’s stock an average 52-week price target of $10.742591655, forecast between a low of $10.742591655 and high of $10.742591655. Looking at the price targets, the low is -30.69% off current price level while to achieve the yearly target high, price needs to move -30.69%. Nonetheless, investors will most likely welcome a -30.69% jump to $10.742591655 which is the analysts’ median price.
If we refocus on Vermilion Energy Inc (NYSE:VET), historical trading data shows that trading volumes averaged 1.25 over the past 10 days and 1.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 154.34 million shares.
The 1.01% of Vermilion Energy Inc’s shares are in the hands of company insiders while institutional holders own 43.82% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.61 million on 2024-12-31, giving us a short ratio of 10.35. Current price change has pushed the stock -12.55% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VET stock continues to rise going into the next quarter.
