VLO’s -3.31% Loss This Week Has Revealed Something We Didn’t Know Before – Marketing Sentinel
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VLO’s -3.31% Loss This Week Has Revealed Something We Didn’t Know Before

During the recent session, Valero Energy Corporation (NYSE:VLO)’s traded shares were 1.78 million, with the beta value of the company hitting 1.74. At the last check today, the stock’s price was $105.11, reflecting an intraday loss of -2.51% or -$2.7. The 52-week high for the VLO share is $146.80, that puts it down -39.66 from that peak though still a striking 44.01% gain since the share price plummeted to a 52-week low of $58.85. The company’s market capitalization is $44.29B, and the average intraday trading volume over the past 10 days was 4.59 million shares, and the average trade volume was 5.62 million shares over the past three months.

Valero Energy Corporation (VLO) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 1.80. VLO has a Sell rating from 1 analyst(s) out of 21 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 14 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

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Valero Energy Corporation (NYSE:VLO) trade information

Valero Energy Corporation (VLO) registered a -2.51% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.51% in intraday trading to $105.11 this Wednesday, 08/03/22, hitting a weekly high. The stock’s 5-day price performance is -3.31%, and it has moved by 4.07% in 30 days. Based on these gigs, the overall price performance for the year is 56.22%. The short interest in Valero Energy Corporation (NYSE:VLO) is 9.61 million shares and it means that shorts have 1.37 day(s) to cover.

The consensus price target of analysts on Wall Street is $138.00, which implies an increase of 23.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $109.00 and $155.00 respectively. As a result, VLO is trading at a discount of -47.46% off the target high and -3.7% off the low.

Valero Energy Corporation (VLO) estimates and forecasts

Statistics show that Valero Energy Corporation has outperformed its competitors in share price, compared to the industry in which it operates. Valero Energy Corporation (VLO) shares have gone up 24.56% during the last six months, with a year-to-date growth rate more than the industry average at 858.72% against 28.00. In the rating firms’ projections, revenue will increase 47.40% compared to the previous financial year.

Revenue for the current quarter is expected to be $38.24 billion as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $36.54 billion by the end of Dec 2022.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -14.30%. While earnings are projected to return 164.80% in 2022, the next five years will return 51.37% per annum.

VLO Dividends

Valero Energy Corporation is due to release its next quarterly earnings between October 19 and October 24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Valero Energy Corporation is 3.92, with the dividend yield indicating at 3.64 percent, continuing the trend of increasing dividends in recent years.

Valero Energy Corporation (NYSE:VLO)’s Major holders

Valero Energy Corporation insiders own 0.39% of total outstanding shares while institutional holders control 82.64%, with the float percentage being 82.96%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 1,535 institutions own stock in it. As of Mar 30, 2022, the company held over 47.96 million shares (or 12.17% of all shares), a total value of $5.07 billion in shares.

The next largest institutional holding, with 39.07 million shares, is of Blackrock Inc.’s that is approximately 9.92% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $4.13 billion.

Also, the Mutual Funds coming in first place with the largest holdings of Valero Energy Corporation (VLO) shares are Vanguard Total Stock Market Index Fund and Select Sector SPDR Fund-Energy Select. Data provided on Mar 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 11.82 million shares. This amounts to just over 2.90 percent of the company’s overall shares, with a $1.25 billion market value. The same data shows that the other fund manager holds slightly less at 11.42 million, or about 2.80% of the stock, which is worth about $1.21 billion.

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