Vital Energy, Inc. (NYSE:VTLE) Given Consensus Rating of “Hold” by Brokerages

Shares of Vital Energy, Inc. (NYSE:VTLE) have received a consensus rating of “Hold” from the eleven research firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $46.00.

Several research firms recently issued reports on VTLE. Piper Sandler decreased their price objective on shares of Vital Energy from $35.00 to $27.00 and set a “neutral” rating for the company in a report on Tuesday, December 17th. Wolfe Research raised Vital Energy from an “underperform” rating to a “peer perform” rating in a research report on Friday, January 3rd. Mizuho decreased their target price on Vital Energy from $39.00 to $37.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. BMO Capital Markets dropped their price target on Vital Energy from $48.00 to $40.00 and set a “market perform” rating on the stock in a research report on Friday, October 4th. Finally, Truist Financial reduced their price objective on Vital Energy from $66.00 to $48.00 and set a “buy” rating for the company in a research report on Monday, September 30th.

Institutional Trading of Vital Energy

A number of large investors have recently bought and sold shares of VTLE. Principal Financial Group Inc. increased its position in shares of Vital Energy by 0.9% during the 3rd quarter. Principal Financial Group Inc. now owns 127,271 shares of the company’s stock worth $3,424,000 after purchasing an additional 1,089 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Vital Energy by 6.4% during the third quarter. Franklin Resources Inc. now owns 12,662 shares of the company’s stock worth $363,000 after buying an additional 758 shares in the last quarter. SkyView Investment Advisors LLC boosted its holdings in shares of Vital Energy by 4.6% in the 3rd quarter. SkyView Investment Advisors LLC now owns 21,641 shares of the company’s stock worth $582,000 after acquiring an additional 951 shares in the last quarter. Geode Capital Management LLC grew its position in Vital Energy by 2.9% during the 3rd quarter. Geode Capital Management LLC now owns 633,017 shares of the company’s stock worth $17,031,000 after acquiring an additional 17,782 shares during the last quarter. Finally, Barclays PLC increased its holdings in Vital Energy by 124.0% during the 3rd quarter. Barclays PLC now owns 338,675 shares of the company’s stock valued at $9,110,000 after purchasing an additional 187,503 shares in the last quarter. 86.54% of the stock is currently owned by institutional investors.

Vital Energy Trading Up 3.9 %

Vital Energy stock opened at $35.70 on Monday. Vital Energy has a one year low of $25.85 and a one year high of $58.30. The company’s fifty day moving average price is $31.02 and its two-hundred day moving average price is $33.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 2.50 and a beta of 3.16.

Vital Energy (NYSE:VTLE) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.15. The business had revenue of $459.23 million for the quarter, compared to the consensus estimate of $461.58 million. Vital Energy had a return on equity of 9.05% and a net margin of 25.09%. The firm’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the business earned $5.16 EPS. On average, analysts forecast that Vital Energy will post 6.93 earnings per share for the current fiscal year.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.