FY2024 EPS Estimates for Vital Energy Boosted by Analyst

Vital Energy, Inc. (NYSE:VTLE) – Analysts at Capital One Financial lifted their FY2024 earnings estimates for shares of Vital Energy in a research report issued on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the company will post earnings of $6.88 per share for the year, up from their prior forecast of $6.87. The consensus estimate for Vital Energy’s current full-year earnings is $6.93 per share. Capital One Financial also issued estimates for Vital Energy’s Q2 2025 earnings at $2.26 EPS, Q3 2025 earnings at $2.23 EPS, Q4 2025 earnings at $2.21 EPS and FY2025 earnings at $9.14 EPS.

Vital Energy (NYSE:VTLE) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.15. Vital Energy had a net margin of 25.09% and a return on equity of 9.05%. The company had revenue of $459.23 million for the quarter, compared to analyst estimates of $461.58 million. During the same period in the prior year, the firm posted $5.16 EPS. The company’s quarterly revenue was up 5.4% on a year-over-year basis.

Other analysts also recently issued reports about the company. BMO Capital Markets reduced their target price on Vital Energy from $48.00 to $40.00 and set a “market perform” rating for the company in a research note on Friday, October 4th. JPMorgan Chase & Co. raised their price objective on Vital Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a research note on Thursday, December 5th. Mizuho lowered their target price on Vital Energy from $39.00 to $37.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Piper Sandler reduced their price target on shares of Vital Energy from $35.00 to $27.00 and set a “neutral” rating for the company in a research report on Tuesday, December 17th. Finally, Truist Financial decreased their price target on shares of Vital Energy from $66.00 to $48.00 and set a “buy” rating for the company in a research note on Monday, September 30th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.00.

Vital Energy Stock Up 3.9 %

Shares of Vital Energy stock opened at $35.70 on Monday. The stock’s 50-day moving average is $31.02 and its 200 day moving average is $33.56. Vital Energy has a one year low of $25.85 and a one year high of $58.30. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 2.50 and a beta of 3.16. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67.

Hedge Funds Weigh In On Vital Energy

A number of institutional investors have recently added to or reduced their stakes in VTLE. First Horizon Advisors Inc. bought a new stake in shares of Vital Energy during the 3rd quarter worth $26,000. International Assets Investment Management LLC lifted its stake in Vital Energy by 2,590.7% during the third quarter. International Assets Investment Management LLC now owns 2,018 shares of the company’s stock worth $54,000 after purchasing an additional 1,943 shares during the last quarter. Signaturefd LLC lifted its stake in Vital Energy by 234.2% during the third quarter. Signaturefd LLC now owns 2,326 shares of the company’s stock worth $63,000 after purchasing an additional 1,630 shares during the last quarter. nVerses Capital LLC boosted its holdings in shares of Vital Energy by 94.4% in the 3rd quarter. nVerses Capital LLC now owns 3,500 shares of the company’s stock worth $94,000 after purchasing an additional 1,700 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Vital Energy by 1,878.3% during the 3rd quarter. US Bancorp DE now owns 6,390 shares of the company’s stock valued at $172,000 after purchasing an additional 6,067 shares during the last quarter. 86.54% of the stock is currently owned by institutional investors.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.