Vermilion Energy Inc. (TSE:VET) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is C$20.67.

A number of analysts recently issued reports on the stock. Canaccord Genuity Group dropped their target price on shares of Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. JPMorgan Chase & Co. lowered their price target on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Royal Bank of Canada decreased their target price on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. BMO Capital Markets reduced their price target on Vermilion Energy from C$21.00 to C$20.00 in a research report on Wednesday, July 3rd. Finally, Desjardins dropped their price objective on shares of Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating on the stock in a research note on Tuesday, August 6th.

Vermilion Energy Price Performance

Vermilion Energy has a fifty-two week low of C$11.87 and a fifty-two week high of C$21.30. The company has a 50 day simple moving average of C$13.75 and a 200-day simple moving average of C$15.25. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The stock has a market cap of C$2.06 billion, a PE ratio of -2.56, a price-to-earnings-growth ratio of -0.02 and a beta of 2.62.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, July 31st. The company reported C($0.52) EPS for the quarter, missing the consensus estimate of C$0.43 by C($0.95). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The company had revenue of C$478.93 million for the quarter, compared to analyst estimates of C$514.63 million. Equities research analysts anticipate that Vermilion Energy will post 1.9130435 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of ∞. Vermilion Energy’s dividend payout ratio (DPR) is -9.50%.

Insider Buying and Selling

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of Vermilion Energy stock in a transaction dated Wednesday, August 21st. The shares were bought at an average cost of C$13.54 per share, for a total transaction of C$67,700.00. 0.16% of the stock is currently owned by company insiders.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.