Several brokerages have updated their recommendations and price targets on shares of Valero Energy Corp. (NYSE: VLO) in the last few weeks:
Valero Energy Corp. (NYSE:VLO) traded up 0.22% during mid-day trading on Friday, reaching $64.86. 1,733,460 shares of the company’s stock were exchanged. Valero Energy Corp. has a 52-week low of $46.88 and a 52-week high of $73.70. The company has a 50-day moving average of $58.72 and a 200-day moving average of $54.84. The stock has a market cap of $29.36 billion, a price-to-earnings ratio of 13.75 and a beta of 1.45.
Valero Energy Corp. (NYSE:VLO) last announced its earnings results on Tuesday, October 25th. The company reported $1.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.93 by $0.31. The company earned $19.65 billion during the quarter, compared to the consensus estimate of $19.49 billion. Valero Energy Corp. had a net margin of 3.01% and a return on equity of 10.40%. The firm’s revenue for the quarter was down 13.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.79 earnings per share. Equities research analysts anticipate that Valero Energy Corp. will post $3.71 earnings per share for the current year.