Valero Energy Corp. (NYSE:VLO) has a beta value of 1.52 and has seen 0.75 million shares traded in the recent trading session. The company, currently valued at $56.09B, closed the recent trade at $168.70 per share which meant it gained $1.31 on the day or 0.78% during that session. The VLO stock price is 0.41% off its 52-week high price of $168.00 and 38.25% above the 52-week low of $104.18. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.02 million shares traded. The 3-month trading volume is 3.37 million shares.
Valero Energy Corp. (NYSE:VLO) trade information
Sporting 0.78% in the green today, the stock has traded in the green over the last five days, when the VLO stock price touched $168.70 or saw a fall of -0.21%. Year-to-date, Valero Energy Corp. shares have moved 29.77%, while the 5-day performance has seen it change 6.35%. Over the past 30 days, the shares of Valero Energy Corp. (NYSE:VLO) have changed 24.94%. Short interest in the company has seen 10.52 million shares shorted with days to cover at 2.89.
Valero Energy Corp. (VLO) estimates and forecasts
Figures show that Valero Energy Corp. shares have underperformed across the wider relevant industry. The company’s shares have gained 18.25% over the past 6 months, with this year growth rate of -37.11%, compared to -17.60% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -60.70% and -3.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -9.40%.
7 analysts offering their estimates for the company have set an average revenue estimate of $30.64 billion for the current quarter. 7 have an estimated revenue figure of $34.21 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $36.44 billion and $34.51 billion respectively for this quarter and the next, and analysts expect sales will shrink by -15.90% for the current quarter and -0.90% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 27.90% over the past 5 years.
VLO Dividends
Valero Energy Corp. is expected to release its next earnings report on April 25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 4.13 at a share yield of 2.45%. The company’s dividend yield has gone up over the past 12 months.
Valero Energy Corp. (NYSE:VLO)’s Major holders
Insiders own 0.48% of the company shares, while shares held by institutions stand at 80.68% with a share float percentage of 81.08%. Investors are also buoyed by the number of investors in a company, with Valero Energy Corp. having a total of 1,868 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 32.09 million shares worth more than $5.41 billion. As of Dec 30, 2023, Vanguard Group Inc held 9.65% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 28.48 million shares as of Dec 30, 2023. The firm’s total holdings are worth over $4.8 billion and represent 8.57% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Dec 30, 2023, the former fund manager holds about 3.21% shares in the company for having 10.69 million shares of worth $1.8 billion while later fund manager owns 8.32 million shares of worth $1.4 billion as of Dec 30, 2023, which makes it owner of about 2.50% of company’s outstanding stock.
