Valero Energy Corporation (VLO) will probably climb 51.12 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $165price as 12-month high target. This represents a whopping 113.12 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $104.5, which represents a return potential of 34.98 percent when compared to the closing price of the stock of $77.42 on Thursday, January 10. The lowest price target for the stock is $72 — slightly more than -7 percent from VLO’s current share price.
The stock is currently hovering around the first support level of $76.47. Below this, the next support is placed in the zone of $75.52. Till the time, the VLO stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 52.29 on daily chart, which may remain a cause for concern. If the price breaks below $75.52 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $78.22 mark may result into a pull-back move towards $79.02 level.
On 10th of January, Valero Energy Corporation (NYSE:VLO) shares ended higher after a volatile session. The shares accumulated 0.13 points or 0.17 percent at $77.42 with a light trade volume of 3.817 million shares. After opening the session at $77.47, the shares went as high as $78.07 and as low as $76.32, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $32.9 billion and now has 425 million shares outstanding. Valero Energy Corporation (VLO) stock has gained 5.51 percent of market value in 21 trading days.
VLO stock has a trailing 3-year beta of 1.02, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $6.2 a share in the trailing twelve months. The stock’s value has surged 3.27 percent year to date (YTD) against a decline of -17.73 percent in 12 month’s time. The company’s shares still trade -39.03 percent away from its 1-year high of $126.98 and 12.51 percent up from 52-week low of $68.81. The average consensus rating on the company is 2.2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.
Shares of Valero Energy Corporation (VLO) are trading at a P/E ratio of 19.14 times earnings reported for the past 12 months. The industry VLO operates in has an average P/E of 22.68. Its P/E ratio went as low as 5.56X and as high as 13.87 over the 5-year span. Further, it is sporting a 0.29 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.11. 8.7 percent is the gross profit margin for Valero Energy Corporation and operating margin sits at 3.6 percent. Along with this, the net profit margin is 4 percent.
Let’s take a look at some insider activity at Valero Energy Corporation (NYSE:VLO) and see the pattern. The earliest insider trade took place on 12/11/2018. Weisenburger Randall J gathered a total of 25 thousand shares of company at average share price of $72.74. The total for the purchase was set at $1.82 million. After this transaction, the Director account balance stood at 53.72 thousand shares. The stock grew 6.43 percent since that insider purchase. On 10/29/2018, Eberhart Paulett, Director, purchased 0.06 thousand shares at a price per share of $86.23. This added 5.17 thousand shares to the insider’s fortune and the stock saw a -10.22 percent retreat in value since the news became public. This transaction left 4.22 thousand shares in the Director account.
On 07/30/2018, Director Waters Stephen M performed a sale transaction worth $116.76 thousand. This sale at $116.76 each has eliminated 1 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -33.69 percent decrease since the transaction was reported. The insider now is left with 7.46 thousand shares remaining in the account. Waters Stephen M, who performs the Director job, sold 1 thousand shares for $121.04 thousand. The disposal occurred on 05/23/2018 was priced at $121.04 per share. The share price plunged -36.04 percent since the reporting date. Waters Stephen M now left with a stake of 8.46 thousand VLO stock worth $655.28 thousand after the insider selling.