Valero Energy (VLO) Projected to Post Earnings on Thursday

Valero Energy (NYSE:VLO) is expected to be releasing its earnings data before the market opens on Thursday, January 30th. Analysts expect Valero Energy to post earnings of $0.14 per share and revenue of $30.02 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Valero Energy Stock Performance

Shares of NYSE:VLO opened at $138.14 on Wednesday. Valero Energy has a 12 month low of $116.84 and a 12 month high of $184.79. The company has a market cap of $43.73 billion, a price-to-earnings ratio of 12.39, a price-to-earnings-growth ratio of 2.81 and a beta of 1.42. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of $131.23 and a 200-day moving average price of $137.78.

Valero Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th will be paid a dividend of $1.13 per share. The ex-dividend date of this dividend is Thursday, January 30th. This is a boost from Valero Energy’s previous quarterly dividend of $1.07. This represents a $4.52 annualized dividend and a dividend yield of 3.27%. Valero Energy’s payout ratio is 38.39%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Bank of America began coverage on shares of Valero Energy in a report on Thursday, October 17th. They issued a “neutral” rating and a $150.00 price target on the stock. Citigroup reduced their price target on shares of Valero Energy from $192.00 to $176.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Barclays lowered their price objective on shares of Valero Energy from $146.00 to $140.00 and set an “overweight” rating for the company in a report on Monday, November 11th. Scotiabank decreased their target price on Valero Energy from $173.00 to $141.00 and set a “sector outperform” rating for the company in a research report on Thursday, October 10th. Finally, BMO Capital Markets dropped their price target on Valero Energy from $175.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Valero Energy has a consensus rating of “Moderate Buy” and an average target price of $154.54.

Valero Energy Company Profile

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.