Analysts Set Vital Energy, Inc. (NYSE:VTLE) Target Price at $45.70

Shares of Vital Energy, Inc. (NYSE:VTLE) have received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $43.27.

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of Vital Energy from $34.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 15th. JPMorgan Chase & Co. raised their price target on shares of Vital Energy from $29.00 to $30.00 and gave the company an “underweight” rating in a research report on Thursday, December 5th. Mizuho raised their price target on shares of Vital Energy from $37.00 to $38.00 and gave the company a “neutral” rating in a research report on Tuesday, January 14th. Wolfe Research raised shares of Vital Energy from an “underperform” rating to a “peer perform” rating in a research report on Friday, January 3rd. Finally, Siebert Williams Shank downgraded shares of Vital Energy from a “buy” rating to a “hold” rating and cut their target price for the stock from $62.00 to $27.00 in a research report on Wednesday.

Institutional Investors Weigh In On Vital Energy

Hedge funds have recently modified their holdings of the business. First Horizon Advisors Inc. bought a new stake in shares of Vital Energy during the 3rd quarter valued at $26,000. Sterling Capital Management LLC grew its position in shares of Vital Energy by 805.9% during the 4th quarter. Sterling Capital Management LLC now owns 915 shares of the company’s stock valued at $28,000 after acquiring an additional 814 shares during the period. Nisa Investment Advisors LLC grew its position in shares of Vital Energy by 276.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company’s stock valued at $34,000 after acquiring an additional 803 shares during the period. R Squared Ltd bought a new stake in shares of Vital Energy during the 4th quarter valued at $34,000. Finally, Quarry LP bought a new stake in shares of Vital Energy during the 4th quarter valued at $37,000. Institutional investors own 86.54% of the company’s stock.

Vital Energy Price Performance

VTLE stock opened at $20.98 on Tuesday. The firm has a 50 day moving average price of $31.91 and a 200-day moving average price of $30.80. Vital Energy has a 52-week low of $20.65 and a 52-week high of $58.30. The firm has a market capitalization of $799.59 million, a price-to-earnings ratio of -4.42 and a beta of 3.12. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.67 and a current ratio of 0.78.

Vital Energy (NYSE:VTLE) last released its earnings results on Wednesday, February 19th. The company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.27. The firm had revenue of $534.37 million during the quarter, compared to analyst estimates of $550.90 million. Vital Energy had a negative net margin of 8.89% and a positive return on equity of 9.48%. Equities research analysts forecast that Vital Energy will post 8.49 EPS for the current fiscal year.

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.