In yesterday’s Wall Street session, Valero Energy Corp. (NYSE:VLO) shares traded at $157.00, up 5.50% from the previous session.
VLO stock price is now 2.13% away from the 50-day moving average and 8.49% away from the 200-day moving average. The market capitalization of the company currently stands at $51.34B.
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On July 17, 2024, Mizuho Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $165 to quote $175, while ‘Argus’ rates the stock as ‘Hold’
In other news, Greene Kimberly S,, Director sold 720 shares of the company’s stock on May 09 ’24. The stock was sold for $113,850 at an average price of $158.12. Upon completion of the transaction, the Director now directly owns 13,314 shares in the company, valued at $2.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 14 ’23, Director Gorder Joseph W sold 75,580 shares of the business’s stock. A total of $10,278,389 was realized by selling the stock at an average price of $135.99. This leaves the insider owning 621,872 shares of the company worth $97.63 million. A total of 0.53% of the company’s stock is owned by insiders.
During the past 12 months, Valero Energy Corp. has had a low of $119.88 and a high of $184.79. As of last week, the company has a debt-to-equity ratio of 0.42, a current ratio of 1.59, and a quick ratio of 1.10. The fifty day moving average price for VLO is $153.7538 and a two-hundred day moving average price translates $144.86545 for the stock.
The latest earnings results from Valero Energy Corp. (NYSE: VLO) was released for 2024-03-31. The net profit margin was 4.99% and return on equity was 27.41% for VLO. The company reported revenue of $31.76 billion for the quarter, compared to $36.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.84 percent.
