Wall Street Analyst Downgrade Valero Energy Corporation [VLO]. What else is Wall St. saying

Valero Energy Corporation [NYSE: VLO] surged by $1.68 during the normal trading session on Monday and reaching a high of $145.44 during the day while it closed the day at $143.74. The company report on July 27, 2023 at 6:30 AM that Valero Energy Reports Second Quarter 2023 Results.

Reported net income attributable to Valero stockholders of $1.9 billion, or $5.40 per share.

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Returned over $1.3 billion to stockholders through dividends and stock buybacks.

Valero Energy Corporation stock has also gained 7.61% of its value over the past 7 days. However, VLO stock has inclined by 26.77% in the 3 months of the year. Over the past six months meanwhile, it has gained 8.76% and gained 13.31% year-on date.

The market cap for VLO stock reached $48.68 billion, with 358.00 million shares outstanding and 351.10 million shares in the current float. Compared to the average trading volume of 3.61M shares, VLO reached a trading volume of 5554542 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Valero Energy Corporation [VLO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VLO shares is $149.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VLO stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Valero Energy Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 15, 2023.

The Average True Range (ATR) for Valero Energy Corporation is set at 3.82, with the Price to Sales ratio for VLO stock in the period of the last 12 months amounting to 0.31. The Price to Book ratio for the last quarter was 1.99, with the Price to Cash per share for the same quarter was set at 14.98. Price to Free Cash Flow for VLO in the course of the last twelve months was 5.12 with Quick ratio for the last quarter at 1.10.

VLO stock trade performance evaluation

Valero Energy Corporation [VLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.61. With this latest performance, VLO shares gained by 6.58% in over the last four-week period, additionally plugging by 8.76% over the last 6 months – not to mention a rise of 28.42% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VLO stock in for the last two-week period is set at 73.22, with the RSI for the last a single of trading hit 79.20, and the three-weeks RSI is set at 69.48 for Valero Energy Corporation [VLO]. The present Moving Average for the last 50 days of trading for this stock 126.89, while it was recorded at 137.84 for the last single week of trading, and 125.75 for the last 200 days.

Valero Energy Corporation [VLO]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Valero Energy Corporation [VLO] shares currently have an operating margin of +9.60 and a Gross Margin at +10.17. Valero Energy Corporation’s Net Margin is presently recorded at +6.50.

Return on Total Capital for VLO is now 46.41, given the latest momentum, and Return on Invested Capital for the company is 34.37. Return on Equity for this stock inclined to 54.70, with Return on Assets sitting at 19.11. When it comes to the capital structure of this company, Valero Energy Corporation [VLO] has a Total Debt to Total Equity ratio set at 54.00. Additionally, VLO Total Debt to Total Capital is recorded at 35.06, with Total Debt to Total Assets ending up at 20.63. Long-Term Debt to Equity for the company is recorded at 47.97, with the Long-Term Debt to Total Capital now at 31.15.

Reflecting on the efficiency of the workforce at the company, Valero Energy Corporation [VLO] managed to generate an average of $1,178,795 per employee. Receivables Turnover for the company is 15.85 with a Total Asset Turnover recorded at a value of 2.94.Valero Energy Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.

Valero Energy Corporation [VLO]: Institutional Ownership

The top three institutional holders of VLO stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in VLO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in VLO stock with ownership which is approximately 5.7381%.

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