Valero Energy Corp. [NYSE: VLO] traded at a low on Wednesday, posting a -2.63 loss after which it closed the day’ session at $155.66.
The results of the trading session contributed to over 3955132 shares changing hands. Over the past one week, the price volatility of Valero Energy Corp. stands at 3.53% while the volatility over the past one month is 2.78%.
The market cap for VLO stock reached $50.90 billion, with 333.30 million shares outstanding and 325.30 million shares in the current float. Compared to the average trading volume of 3.32M shares, VLO reached a trading volume of 3955132 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Valero Energy Corp. [VLO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VLO shares is $183.65 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 1.85. 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.
TD Cowen have made an estimate for Valero Energy Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 29, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price from $175 to $190. The new note on the price target was released on April 08, 2024, representing the official price target for Valero Energy Corp. stock. Previously, the target price had yet another raise from $150 to $173, while Mizuho kept a Neutral rating on VLO stock. On March 15, 2024, analysts increased their price target for VLO shares from 156 to 210.
The Average True Range (ATR) for Valero Energy Corp. is set at 4.84, with the Price to Sales ratio for VLO stock in the period of the last 12 months amounting to 0.36. The Price to Book ratio for the last quarter was 1.95, with the Price to Cash per share for the same quarter was set at 15.33. Price to Free Cash Flow for VLO in the course of the last twelve months was 7.21 with Quick ratio for the last quarter at 1.10.
How has VLO stock performed recently?
Valero Energy Corp. [VLO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.79. With this latest performance, VLO shares dropped by -12.17% in over the last four-week period, additionally plugging by 25.29% over the last 6 months – not to mention a rise of 34.88% 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 33.99, with the RSI for the last a single of trading hit 25.29, and the three-weeks RSI is set at 40.88 for Valero Energy Corp. [VLO]. The present Moving Average for the last 50 days of trading for this stock 161.82, while it was recorded at 163.19 for the last single week of trading, and 138.93 for the last 200 days.
Valero Energy Corp. [VLO]: Deeper insight into the fundamentals
Valero Energy Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.59.
Earnings analysis for Valero Energy Corp. [VLO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Valero Energy Corp. go to -5.50%.
Insider trade positions for Valero Energy Corp. [VLO]
The top three institutional holders of VLO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in VLO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in VLO stock with ownership which is approximately 5.8386%.
