Analysts Set Vermilion Energy Inc. (TSE:VET) Price Target at C$18.77

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned an average recommendation of “Moderate Buy” from the eleven analysts that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$18.77.

Several equities research analysts have issued reports on the company. TD Securities dropped their target price on 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 dropped their target price on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday. National Bankshares increased their target price on Vermilion Energy from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research report on Monday. JPMorgan Chase & Co. dropped their target price on Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Finally, Canaccord Genuity Group dropped their target price on Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd.

Insider Buying and Selling at Vermilion Energy

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of Vermilion Energy stock in a transaction dated Friday, December 27th. The shares were purchased at an average cost of C$12.92 per share, with a total value of C$64,600.00. Company insiders own 0.16% of the company’s stock.

Vermilion Energy Price Performance

Shares of TSE VET opened at C$14.14 on Tuesday. The stock has a fifty day simple moving average of C$13.61 and a two-hundred day simple moving average of C$13.90. Vermilion Energy has a 1-year low of C$11.84 and a 1-year high of C$17.56. The firm has a market cap of C$2.20 billion, a price-to-earnings ratio of -2.77, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. Analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 3.39%. Vermilion Energy’s payout ratio is -9.39%.

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.