Vermilion Energy Inc (NYSE:VET) At $11.88: What To Do?

In recent trading session, Vermilion Energy Inc (NYSE:VET) saw 1.05 million shares changing hands at last check today with its beta currently measuring 2.04. Company’s recent per share price level of $11.88 trading at $0.62 or 5.46% at last check today assigns it a market valuation of $1.91B. That closing price of VET’s stock is at a discount of -34.51% from its 52-week high price of $15.98 and is indicating a premium of 17.42% from its 52-week low price of $9.81. Taking a look at company’s average trading volume volume of 1.19 million if we extend that period to 3-months.

Vermilion Energy Inc (NYSE:VET) trade information

Upright in the green today for gaining 5.46%, in the last five days VET remained trading in the red while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $11.88 price level, adding 3.88% to its value on the day. Vermilion Energy Inc’s shares saw a change of -1.53% in year-to-date performance and have moved -1.29% in past 5-day. Vermilion Energy Inc (NYSE:VET) showed a performance of -5.68% in past 30-days.

Vermilion Energy Inc (VET) estimates and forecasts

Statistics highlight that Vermilion Energy Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -17.65% of value to its shares in past 6 months, showing an annual growth rate of -22.92% while that of industry is -10.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -8.40% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 469.4M for the same. And 2 analysts are in estimates of company making revenue of 385.53M in the next quarter. Company posted 403.18M and 337.53M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 223.33% while estimates for its earnings growth in next 5 years are of 20.91%.

VET Dividends

Vermilion Energy Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.