Vermilion Energy Inc. (TSE:VET) Given Average Recommendation of “Hold” by Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have earned a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$19.29.

VET has been the topic of a number of research analyst reports. Desjardins lifted their price target on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the company a “hold” rating in a report on Monday, March 9th. National Bank Financial decreased their price target on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Royal Bank Of Canada lifted their price target on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th. ATB Cormark Capital Markets upgraded shares of Vermilion Energy from a “hold” rating to a “moderate buy” rating and lifted their price target for the company from C$16.00 to C$24.00 in a report on Friday, March 27th. Finally, TD Securities lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and lifted their price target for the company from C$14.00 to C$16.00 in a report on Thursday, March 5th.

Vermilion Energy Stock Down 0.4%

Shares of VET opened at C$15.58 on Tuesday. The firm has a market cap of C$2.39 billion, a PE ratio of -2.94, a price-to-earnings-growth ratio of -0.02 and a beta of 0.26. The company’s fifty day moving average is C$16.95 and its two-hundred day moving average is C$14.84. Vermilion Energy has a fifty-two week low of C$9.71 and a fifty-two week high of C$20.31. The company has a quick ratio of 0.40, a current ratio of 0.63 and a debt-to-equity ratio of 63.73.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C($0.95) earnings per share for the quarter. The company had revenue of C$519.13 million during the quarter. Vermilion Energy had a negative net margin of 44.92% and a negative return on equity of 33.68%. Analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.135 per share. The ex-dividend date is Monday, June 15th. This represents a $0.54 annualized dividend and a dividend yield of 3.5%. Vermilion Energy’s payout ratio is presently -9.91%.

Insider Buying and Selling at Vermilion Energy

In related news, insider Yvonne Jeffery sold 6,332 shares of Vermilion Energy stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of C$19.51, for a total transaction of C$123,537.32. Following the transaction, the insider owned 30,527 shares in the company, valued at approximately C$595,581.77. The trade was a 17.18% decrease in their position. Also, insider Gerard Schut sold 10,000 shares of Vermilion Energy stock in a transaction on Thursday, March 19th. The shares were sold at an average price of C$19.00, for a total transaction of C$190,000.00. Following the transaction, the insider owned 94,268 shares in the company, valued at C$1,791,092. The trade was a 9.59% decrease in their position. Insiders own 0.16% of the company’s stock.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.