The shares of Valero Energy Corporation (NYSE:VLO) has been pegged with a rating of Overweight by Piper Jaffray in its latest research note that was published on January 10th, 2019. Piper Jaffray wasn’t the only research firm that published a report of Valero Energy Corporation, with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on October 19th, 2018, to Sell the VLO stock. The stock had earned Buy rating from Standpoint Research when it published its report on October 12th, 2018. The stock was given Hold rating by Tudor Pickering in its report released on October 11th, 2018. Mizuho was of a view that VLO is Neutral in its latest report on August 2nd, 2018. Tudor Pickering thinks that VLO is worth Buy rating. This was contained in the firm’s report on May 18th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $117.00. The price of the stock the last time has raised by 12.51% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 52.29.
The shares of the company added by 0.17% during the trading session on Thursday, reaching a low of $76.32 while ending the day at $77.42. During the trading session, a total of 3.82 million shares were traded which represents a 18.44% incline from the average session volume which is 4.68M shares. VLO had ended its last session trading at 77.29. Valero Energy Corporation currently has a market cap of $32.90B, while its P/E ratio stands at 12.48, while its P/E earnings growth sits at 0.29, with a beta of 1.02. Valero Energy Corporation debt-to-equity ratio currently stands at 0.41, while its quick ratio hovers at 1.00. VLO 52-week low price stands at $68.81 while its 52-week high price is $126.98.
The company in its last quarterly report recorded $2.01 earnings per share which is above the $1.95 predicted by most analysts. The Valero Energy Corporation generated $30,849.00 million in revenue during the last quarter, which is slightly higher than the $28,215.30 million predicted by analysts. In the second quarter last year, the firm recorded $2.15 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -6.97%. Valero Energy Corporation has the potential to record 6.20 EPS for the current fiscal year, according to equities analysts.
Investment analysts at RBC Capital Mkts published a research note on January 7th, 2019 where it informed investors and clients that EOG Resources, Inc. (NYSE:EOG) is now rated as Outperform. Goldman also rated EOG as Downgrade on October 19th, 2018, with its price target of $140 suggesting that EOG could surge by 25.73% from its current share price. Even though the stock has been trading at $99.19/share, analysts expect it to surge higher by -0.07% to reach $133.46/share. It started the day trading at $99.32 and traded between $97.28 and $99.12 throughout the trading session.
A look at its technical shows that EOG’s 50-day SMA is 99.57 while its 200-day SMA stands at 114.10. The stock has a high of $133.53 for the year while the low is $82.04. The company’s P/E ratio currently sits at 20.88, while the P/B ratio is 3.09. The company’s average trading volume currently stands at 4.03M shares, which means that the short-interest ratio is just 3.22 days. Over the past seven days, the company moved, with its shift of 10.17%. Looking further, the stock has dropped -25.11% over the past 90 days while it lost -20.49% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Capital Research Management Co sold more EOG shares, decreasing its portfolio by -14.94% during the last quarter. This move now sees Capital Research Management Co selling -7,671,302 shares in the last quarter, thus it now holds 43,689,059 shares of EOG, with a total valuation of $3,810,122,835. The Vanguard Group Inc meanwhile bought more EOG shares in the recently filed quarter, changing its stake to $3,745,736,564 worth of shares. Capital Research Management Co followed the path by decreasing its EOG portfolio by -14.70% in the quarter. This means that Capital Research Management Co sold -5,057,263 shares in the last quarter and now controls 29,349,937 shares of the EOG stock, with the valuation hitting $2,559,608,006.
Similarly, Fidelity Management Research Co increased its EOG Resources, Inc. shares by +4.43% during the recently filed quarter. After buying 1,097,008 shares in the last quarter, the firm now controls 25,841,421 shares of EOG Resources, Inc. which are valued at $2,253,630,325. In the same vein, BlackRock Fund Advisors decreased its EOG Resources, Inc. shares by during the most recent reported quarter. The firm sold -287,513 shares during the quarter which decreased its stakes to 24,088,545 shares and is now valued at $2,100,762,009. Following these latest developments, around 0.40% of EOG Resources, Inc. stocks are owned by institutional investors and hedge funds.