Vermilion Energy Inc (NYSE:VET) price on Thursday, May 01, rose 2.32% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.17.
A look at the stock’s price movement, the close in the last trading session was $6.03, moving within a range at $5.99 and $6.235. The beta value (5-Year monthly) was 1.945. Turning to its 52-week performance, $12.68 and $5.14 were the 52-week high and 52-week low respectively. Overall, VET moved -23.26% over the past month.
Vermilion Energy Inc’s market cap currently stands at around $952.40 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-04. The company has a Forward Dividend ratio of 0.35, with its dividend yield at 5.68%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 554.6M for the company’s revenue for the quarter, with a low and high estimate of 525M and 584.2M respectively. The average forecast suggests up to a 9.17% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.47B, representing a 24.46% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VET is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 2 recommend VET as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VET’s current price about -1.75% and -16.37% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.69, while 7-day volatility ratio is 3.85% and 7.69% in the 30-day chart. Further, Vermilion Energy Inc (VET) has a beta value of 1.13, and an average true range (ATR) of 0.39. Analysts have given the company’s stock an average 52-week price target of $10.742591655, forecast between a low of $10.742591655 and high of $10.742591655. Looking at the price targets, the low is -74.11% off current price level while to achieve the yearly target high, price needs to move -74.11%. Nonetheless, investors will most likely welcome a -74.11% jump to $10.742591655 which is the analysts’ median price.
If we refocus on Vermilion Energy Inc (NYSE:VET), historical trading data shows that trading volumes averaged 1.04 over the past 10 days and 1.31 million over the past 3 months. The company’s latest data on shares outstanding shows there are 154.34 million shares.
The 1.12% of Vermilion Energy Inc’s shares are in the hands of company insiders while institutional holders own 43.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.61 million on 2024-12-31, giving us a short ratio of 10.35. Current price change has pushed the stock -34.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VET stock continues to rise going into the next quarter.
