Vermilion Energy Inc. (TSE:VET) Stock Has Consensus Price Target of C$19.75 According to Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received a consensus rating of “Moderate Buy” from the eight research firms that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$19.75.

A number of equities analysts have recently issued reports on the stock. Desjardins set a C$16.00 price objective on shares of Vermilion Energy and gave the company a “hold” rating in a research note on Friday, July 17th. TD boosted their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. TD Securities upgraded Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, BMO Capital Markets increased their target price on Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research report on Friday, July 31st.

Vermilion Energy Trading Up 1.7%

VET opened at C$17.73 on Monday. The stock has a market cap of C$2.71 billion, a price-to-earnings ratio of -6.11, a P/E/G ratio of -0.02 and a beta of 0.38. The stock’s 50 day moving average price is C$17.06 and its 200-day moving average price is C$16.30. Vermilion Energy has a one year low of C$9.98 and a one year high of C$20.31. The company has a debt-to-equity ratio of 62.68, a quick ratio of 0.40 and a current ratio of 1.00.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.86 earnings per share (EPS) for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%. The firm had revenue of C$563.07 million during the quarter. On average, equities analysts forecast that Vermilion Energy will post 1.40 EPS for the current year.

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a $0.1350 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.0%. Vermilion Energy’s dividend payout ratio (DPR) is currently -18.28%.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.