Valero Energy Corp. [VLO] Stock trading around $141.26 per share: What’s Next?

Valero Energy Corp. [NYSE: VLO] loss -4.70% or -6.96 points to close at $141.26 with a heavy trading volume of 4027066 shares.

The daily chart for VLO points out that the company has recorded 4.61% gains over the past six months.

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If we look at the average trading volume of 2.74M shares, VLO reached to a volume of 4027066 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $172.81 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 1.90. 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.

Wolfe Research have made an estimate for Valero Energy Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 18, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price from $165 to $175. The new note on the price target was released on July 17, 2024, representing the official price target for Valero Energy Corp. stock. On April 29, 2024, analysts decreased their price target for VLO shares from 190 to 185.

The Average True Range (ATR) for Valero Energy Corp. is set at 4.56, with the Price to Sales ratio for VLO stock in the period of the last 12 months amounting to 0.32. The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 16.37. Price to Free Cash Flow for VLO in the course of the last twelve months was 5.66 with Quick ratio for the last quarter at 1.04.

Trading performance analysis for VLO stock

Valero Energy Corp. [VLO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.26. With this latest performance, VLO shares dropped by -5.21% in over the last four-week period, additionally plugging by 4.61% over the last 6 months – not to mention a rise of 5.75% 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 35.35, with the RSI for the last a single of trading hit 29.30, and the three-weeks RSI is set at 38.73 for Valero Energy Corp. [VLO]. The present Moving Average for the last 50 days of trading for this stock 151.30, while it was recorded at 147.28 for the last single week of trading, and 146.96 for the last 200 days.

Valero Energy Corp. [VLO]: A deeper dive into fundamental analysis

Valero Energy Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.48.

Valero Energy Corp. [VLO]: An earnings per share (EPS) analysis

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%.

An analysis of Institutional ownership at Valero Energy Corp. [VLO]

There are presently around $84.35%, or 84.80%% of VLO stock, in the hands of institutional investors. The top three institutional holders of VLO stocks are: VANGUARD GROUP INC with ownership of 31.75 million shares, which is approximately 9.592%. BLACKROCK INC., holding 28.9 million shares of the stock with an approximate value of $$4.93 billion in VLO stocks shares; and BLACKROCK INC., currently with $$3.81 billion in VLO stock with ownership which is approximately 6.744%.

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