An analyst sees good growth prospects for Vermilion Energy Inc (VET)

With 0.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.17 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $12.09 whereas the lowest price it dropped to was $11.78. The 52-week range on VET shows that it touched its highest point at $15.98 and its lowest point at $9.81 during that stretch. It currently has a 1-year price target of $15.41. With its current market cap of 1.94 billion, VET has annualized dividend of $0.31 while the current yield stands at 2.60%. VET paid its most recent dividend on 1711497600, while the ex-dividend date for that was 1719532800. Beta for the stock currently stands at 2.04.

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 VET was up-trending over the past week, with a rise of 0.75%, but this was up by 0.25% over a month. Three-month performance surged to 17.15% while six-month performance fell -8.27%. The stock gained 2.46% in the past year, while it has gained 0.25% so far this year. A look at the trailing 12-month EPS for VET yields -2.77 with Next year EPS estimates of 0.95. For the next quarter, that number is 0.46. This implies an EPS growth rate of 209.57% for this year and -19.42% for next year.

Float and Shares Shorts:

At present, 162.27 million VET shares are outstanding with a float of 159.26 million shares on hand for trading. On 2024-01-31, short shares totaled 2.69 million, which was 283.99998 higher than short shares on 1680220800. In addition to Mr. Anthony Hatcher P.Eng. as the firm’s President, CEO & Director, Mr. Lars William Glemser serves as its VP & CFO.

Institutional Ownership:

Through their ownership of 0.38005 of VET’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, VET reported revenue of $546405000.0 and operating income of $61620000.0. The EBITDA in the recently reported quarter was $240100000.0 and diluted EPS was $0.01.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VET 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.