A significant driver of top-line growth: Vital Energy Inc. (VTLE)

With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.8 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $50.78 whereas the lowest price it dropped to was $49.49. The 52-week range on VTLE shows that it touched its highest point at $62.87 and its lowest point at $39.74 during that stretch. It currently has a 1-year price target of $62.80. Beta for the stock currently stands at 3.26.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VTLE was up-trending over the past week, with a rise of 1.93%, but this was up by 16.15% over a month. Three-month performance surged to 17.90% while six-month performance fell -12.27%. The stock gained 3.25% in the past year, while it has gained 10.33% so far this year. A look at the trailing 12-month EPS for VTLE yields 32.88 with Next year EPS estimates of 10.69. For the next quarter, that number is 2.16. This implies an EPS growth rate of -36.58% for this year and 7.78% for next year. EPS is expected to grow by 10.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.72%.

Float and Shares Shorts:

At present, 35.41 million VTLE shares are outstanding with a float of 20.17 million shares on hand for trading. On Feb 29, 2024, short shares totaled 6.85 million, which was 18.86% higher than short shares on Jan 31, 2024. In addition to Mr. Mikell Jason Pigott as the firm’s President, CEO & Director, Mr. Bryan J. Lemmerman serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 66.75% of VTLE’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VTLE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.