National Bankshares Increases Vermilion Energy (TSE:VET) Price Target to C$18.00

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price lifted by National Bankshares from C$17.50 to C$18.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

A number of other analysts also recently issued reports on the company. ATB Capital decreased their target price on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a research report on Tuesday, December 24th. Royal Bank of Canada decreased their price objective on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. Canaccord Genuity Group cut their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, TD Securities reduced their target price on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a report on Friday, December 20th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$18.77.

Vermilion Energy Price Performance

VET opened at C$13.53 on Monday. Vermilion Energy has a fifty-two week low of C$11.84 and a fifty-two week high of C$17.56. The firm has a 50-day moving average of C$13.60 and a 200 day moving average of C$13.92. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The firm has a market cap of C$2.11 billion, a P/E ratio of -2.65, a PEG ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last released 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 net margin of 45.56% and a negative return on equity of 24.83%. The company had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. On average, research analysts expect that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 3.55%. Vermilion Energy’s dividend payout ratio is presently -9.39%.

Insider Buying and Selling

In other news, Director Myron Maurice Stadnyk acquired 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, with a total value of C$64,600.00. 0.16% of the stock is owned by company insiders.

Vermilion Energy Company Profile

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.