Vermilion Energy Inc. (TSE:VET) Given Average Rating of “Moderate Buy” by Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has received a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$19.45.

VET has been the subject of a number of research analyst reports. Royal Bank of Canada lowered their price target on Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. Canaccord Genuity Group lowered their price target on Vermilion Energy from C$20.50 to C$20.00 and set a “buy” rating for the company in a report on Thursday, August 1st. BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from C$20.00 to C$16.00 in a report on Friday, October 4th. TD Securities lowered their price target on Vermilion Energy from C$20.00 to C$18.00 in a report on Tuesday, October 1st. Finally, National Bankshares lowered their price target on Vermilion Energy from C$23.00 to C$17.00 in a report on Friday, September 27th.

Insider Buying and Selling at Vermilion Energy

In related news, Director Myron Maurice Stadnyk purchased 5,000 shares of Vermilion Energy stock in a transaction on Wednesday, August 21st. The shares were purchased at an average price of C$13.54 per share, for a total transaction of C$67,700.00. Corporate insiders own 0.16% of the company’s stock.

Vermilion Energy Stock Performance

TSE:VET opened at C$13.33 on Thursday. The stock has a fifty day moving average price of C$13.43 and a 200-day moving average price of C$14.98. The company has a market cap of C$2.08 billion, a price-to-earnings ratio of -2.61, a PEG ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. Vermilion Energy has a fifty-two week low of C$11.87 and a fifty-two week high of C$21.30.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Wednesday, July 31st. The company reported C($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.95). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The company had revenue of C$478.93 million for the quarter, compared to the consensus estimate of C$514.63 million. As a group, equities analysts anticipate that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were given a $0.12 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.60%. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.39%.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.