Vermilion Energy (TSE:VET) Price Target Raised to C$19.00 at National Bankshares

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price hoisted by National Bankshares from C$18.00 to C$19.00 in a report issued on Thursday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

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

Vermilion Energy Price Performance

Vermilion Energy stock opened at C$13.74 on Thursday. The firm has a fifty day moving average of C$13.94 and a 200-day moving average of C$13.78. Vermilion Energy has a 52-week low of C$11.84 and a 52-week high of C$17.56. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The firm has a market capitalization of C$2.14 billion, a P/E ratio of -2.69, a PEG ratio of -0.02 and a beta of 2.60.

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

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.49%. The ex-dividend date was Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is currently -9.39%.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the company’s stock in a transaction 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 currently owned by 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.