Vital Energy, Inc. (NYSE:VTLE – Get Free Report) COO Kathryn Anne Hill sold 5,673 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $20.73, for a total value of $117,601.29. Following the sale, the chief operating officer now owns 46,413 shares in the company, valued at $962,141.49. The trade was a 10.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Vital Energy Trading Up 6.1 %
NYSE:VTLE opened at $21.19 on Friday. Vital Energy, Inc. has a 1-year low of $19.85 and a 1-year high of $58.30. The business’s 50-day moving average price is $30.70 and its two-hundred day moving average price is $30.12. The company has a current ratio of 0.78, a quick ratio of 0.67 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $807.59 million, a price-to-earnings ratio of -4.46 and a beta of 3.07.
Vital Energy (NYSE:VTLE – Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.27. Vital Energy had a positive return on equity of 9.48% and a negative net margin of 8.89%. The firm had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million. On average, equities analysts expect that Vital Energy, Inc. will post 8.49 earnings per share for the current year.
Institutional Investors Weigh In On Vital Energy
Analyst Ratings Changes
Several analysts have recently commented on the company. Wolfe Research upgraded Vital Energy from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Truist Financial decreased their target price on Vital Energy from $49.00 to $47.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Piper Sandler decreased their target price on Vital Energy from $32.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. Wells Fargo & Company upped their price target on Vital Energy from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 15th. Finally, Mizuho upped their price target on Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, January 14th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Vital Energy presently has a consensus rating of “Hold” and an average price target of $40.46.
Check Out Our Latest Stock Analysis on Vital Energy
Vital Energy Company Profile
Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.
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