Mizuho lifts Valero Energy Corp. [VLO] price estimate. Who else is bullish?

Valero Energy Corp. [NYSE: VLO] stock went on an upward path that rose over 0.82% on Wednesday, amounting to a one-week price increase of more than 3.55%.

Over the last 12 months, VLO stock rose by 31.96%. The one-year Valero Energy Corp. stock forecast points to a potential upside of 14.35. The average equity rating for VLO stock is currently 1.86, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $49.07 billion, with 333.30 million shares outstanding and 325.27 million shares in the current float. Compared to the average trading volume of 2.74M shares, VLO stock reached a trading volume of 4173683 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $175.19 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 1.86. 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.

Mizuho have made an estimate for Valero Energy Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on Jul-18-24. The new note on the price target was released on May 16, 2024, representing the official price target for Valero Energy Corp. stock. Previously, the target price had yet another drop from $190 to $185, while TD Cowen kept a Buy rating on VLO stock. On April 08, 2024, analysts increased their price target for VLO shares from 175 to 190.

The Average True Range (ATR) for Valero Energy Corp. is set at 4.11, with the Price to Sales ratio for VLO stock in the period of the last 12 months amounting to 0.35. The Price to Book ratio for the last quarter was 1.88, 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 6.95 with Quick ratio for the last quarter at 1.10.

VLO Stock Performance Analysis:

Valero Energy Corp. [VLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.55. With this latest performance, VLO shares dropped by -0.01% in over the last four-week period, additionally plugging by 16.05% over the last 6 months – not to mention a rise of 31.96% 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 45.83, with the RSI for the last a single of trading hit 47.81, and the three-weeks RSI is set at 45.42 for Valero Energy Corp. [VLO]. The present Moving Average for the last 50 days of trading for this stock 154.65, while it was recorded at 148.44 for the last single week of trading, and 144.36 for the last 200 days.

Insight into Valero Energy Corp. 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.

VLO Stock EPS

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 -13.50%.

Valero Energy Corp. [VLO] Institutonal Ownership Details

The top three institutional holders of VLO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in VLO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in VLO stock with ownership which is approximately 5.1238%.