Vital Energy Q4 EPS Forecast Lifted by Capital One Financial

Vital Energy, Inc. (NYSE:VTLE) – Analysts at Capital One Financial boosted their Q4 2024 EPS estimates for shares of Vital Energy in a research report issued on Thursday, January 16th. Capital One Financial analyst B. Velie now forecasts that the company will earn $2.52 per share for the quarter, up from their prior estimate of $1.96. The consensus estimate for Vital Energy’s current full-year earnings is $6.91 per share. Capital One Financial also issued estimates for Vital Energy’s Q1 2025 earnings at $2.32 EPS, Q2 2025 earnings at $2.24 EPS and FY2026 earnings at $7.78 EPS.

VTLE has been the subject of a number of other reports. Mizuho raised their price objective on shares of Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, January 14th. Wells Fargo & Company lifted their price target on shares of Vital Energy from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 15th. 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 note on Tuesday, December 17th. Wolfe Research upgraded shares of Vital Energy from an “underperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Vital Energy from $29.00 to $30.00 and gave the stock an “underweight” rating in a research note on Thursday, December 5th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $46.36.

Vital Energy Trading Down 1.5 %

Shares of NYSE VTLE opened at $35.98 on Monday. The stock has a market cap of $1.37 billion, a P/E ratio of 2.52 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. Vital Energy has a 1 year low of $25.85 and a 1 year high of $58.30. The firm has a 50-day moving average of $31.72 and a 200 day moving average of $33.23.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. State Street Corp grew its holdings in shares of Vital Energy by 14.4% in the third quarter. State Street Corp now owns 1,755,173 shares of the company’s stock worth $47,214,000 after purchasing an additional 220,871 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Vital Energy by 19.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,723,075 shares of the company’s stock worth $77,227,000 after acquiring an additional 282,574 shares during the period. Geode Capital Management LLC lifted its stake in Vital Energy by 2.9% in the third quarter. Geode Capital Management LLC now owns 633,017 shares of the company’s stock worth $17,031,000 after acquiring an additional 17,782 shares during the period. Victory Capital Management Inc. lifted its stake in Vital Energy by 6.5% in the third quarter. Victory Capital Management Inc. now owns 576,470 shares of the company’s stock worth $15,507,000 after acquiring an additional 35,133 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Vital Energy by 29.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 401,302 shares of the company’s stock worth $10,795,000 after acquiring an additional 90,523 shares during the period. 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.