Valero Energy (VLO) to Release Quarterly Earnings on Thursday

Valero Energy (NYSE:VLOGet Free Report) will likely be releasing its earnings data before the market opens on Thursday, January 30th. Analysts expect Valero Energy to post earnings of $0.16 per share and revenue of $29,391,598.11 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Valero Energy Stock Up 1.3 %

VLO opened at $141.40 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.11 and a current ratio of 1.57. The company has a market cap of $44.77 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 2.81 and a beta of 1.42. Valero Energy has a one year low of $116.84 and a one year high of $184.79. The business’s fifty day moving average is $131.28 and its two-hundred day moving average is $137.82.

Valero Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, January 30th will be given a $1.13 dividend. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from Valero Energy’s previous quarterly dividend of $1.07. This represents a $4.52 annualized dividend and a dividend yield of 3.20%. Valero Energy’s payout ratio is currently 38.39%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on VLO shares. Mizuho cut their target price on shares of Valero Energy from $165.00 to $158.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Barclays cut their price objective on Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a research report on Monday, November 11th. Piper Sandler upgraded Valero Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, January 10th. Bank of America started coverage on Valero Energy in a report on Thursday, October 17th. They issued a “neutral” rating and a $150.00 price target for the company. Finally, TD Cowen decreased their price objective on Valero Energy from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Valero Energy has an average rating of “Moderate Buy” and a consensus target price of $154.54.

View Our Latest Stock Analysis on VLO

Valero Energy Company Profile

(Get Free Report)

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.

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Earnings History for Valero Energy (NYSE:VLO)

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