Vermilion Energy (TSE:VET) Stock Price Expected to Rise, National Bankshares Analyst Says

Vermilion Energy (TSE:VET) (NYSE:VET) had its price objective lifted by National Bankshares from C$17.50 to C$18.00 in a report published on Monday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts also recently weighed in on the company. Royal Bank of Canada cut their price target on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. BMO Capital Markets lowered shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and cut their target price for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. ATB Capital reduced their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a report on Tuesday, December 24th. Canaccord Genuity Group lowered their price target on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$18.77.

Vermilion Energy Trading Up 1.1 %

Shares of VET stock opened at C$13.00 on Monday. Vermilion Energy has a fifty-two week low of C$11.84 and a fifty-two week high of C$17.56. The company has a 50 day moving average price of C$13.60 and a 200 day moving average price of C$13.94. The stock has a market capitalization of C$2.03 billion, a P/E ratio of -2.54, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.12). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The business had revenue of C$490.10 million during the quarter, compared to analyst estimates of C$497.45 million. Equities research analysts predict that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 3.69%. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.39%.

Insider Buying and Selling at Vermilion Energy

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The shares were purchased at an average price of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is currently owned by insiders.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.