Vermilion Energy Inc. (TSE:VET) Receives C$19.45 Average PT from Brokerages

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned a consensus rating of “Moderate Buy” from the eleven brokerages that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$19.45.

VET has been the subject of a number of research analyst reports. BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and lowered their target price for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. National Bankshares lowered their target price on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. JPMorgan Chase & Co. lowered their target price on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. Desjardins lowered their target price on Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Finally, TD Securities lowered their target price on Vermilion Energy from C$20.00 to C$18.00 in a research note on Tuesday, October 1st.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The stock was purchased at an average price of C$13.54 per share, for a total transaction of C$67,700.00. 0.16% of the stock is owned by company insiders.

Vermilion Energy Price Performance

Shares of VET stock opened at C$13.48 on Thursday. The firm has a market cap of C$2.10 billion, a P/E ratio of -2.64, a P/E/G ratio of -0.02 and a beta of 2.60. Vermilion Energy has a fifty-two week low of C$11.87 and a fifty-two week high of C$21.30. The business’s 50 day moving average price is C$13.44 and its 200-day moving average price is C$14.94. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, July 31st. The company reported C($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.95). The business had revenue of C$478.93 million during the quarter, compared to the consensus estimate of C$514.63 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. On average, equities research analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date of this dividend was Friday, September 27th. Vermilion Energy’s payout ratio is -9.39%.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.