Vermilion Energy (TSE:VET) Stock Price Expected to Rise, National Bankshares Analyst Says

Vermilion Energy (TSE:VET) (NYSE:VET) had its price target boosted by stock analysts at National Bankshares from C$18.00 to C$19.00 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 37.58% from the stock’s current price.

Several other equities analysts have also recently issued reports on the stock. Royal Bank of Canada reduced their price target on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research report on Monday, December 30th. BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from C$20.00 to C$16.00 in a research report on Friday, October 4th. Canaccord Genuity Group lowered their target price on Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. ATB Capital reduced their price target on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Monday, December 30th. Finally, TD Securities lowered their price objective on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$17.94.

Vermilion Energy Price Performance

TSE VET remained flat at C$13.81 during trading on Thursday. 82,575 shares of the company’s stock traded hands, compared to its average volume of 534,579. The firm has a market cap of C$2.15 billion, a price-to-earnings ratio of -2.70, a P/E/G ratio of -0.02 and a beta of 2.60. Vermilion Energy has a twelve month low of C$11.84 and a twelve month high of C$17.56. The business’s 50-day moving average price is C$13.95 and its two-hundred day moving average price is C$13.79. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The firm had revenue of C$490.10 million for the quarter, compared to analysts’ expectations of C$497.45 million. As a group, analysts expect that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Insider Buying and Selling at Vermilion Energy

In other news, Director Myron Maurice Stadnyk bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The shares were bought at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is currently owned by insiders.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.