Venture Global (NYSE:VG) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Venture Global (NYSE:VG) had its price target upped by equities researchers at Wells Fargo & Company from $8.00 to $10.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target points to a potential downside of 17.15% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. Bank of America decreased their price objective on Venture Global from $15.00 to $11.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Venture Global in a research report on Monday, December 29th. Scotiabank set a $9.00 price objective on shares of Venture Global in a research note on Friday, January 16th. UBS Group lowered their target price on shares of Venture Global from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Venture Global in a research report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.22.

Venture Global Trading Up 8.2%

VG stock traded up $0.91 during trading on Thursday, hitting $12.07. The company had a trading volume of 19,818,219 shares, compared to its average volume of 13,737,532. The stock has a market cap of $29.55 billion, a PE ratio of 14.03 and a beta of 5.70. The business has a 50-day moving average of $8.84 and a 200-day moving average of $9.68. The company has a current ratio of 0.93, a quick ratio of 0.77 and a debt-to-equity ratio of 3.24. Venture Global has a one year low of $5.72 and a one year high of $19.50.

Venture Global (NYSE:VG) last issued its quarterly earnings results on Monday, March 2nd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.06. Venture Global had a return on equity of 27.96% and a net margin of 18.38%.The firm had revenue of $4.45 billion during the quarter. The company’s quarterly revenue was up 191.7% on a year-over-year basis. Research analysts predict that Venture Global will post 0.52 earnings per share for the current fiscal year.

Insider Transactions at Venture Global

In other Venture Global news, VP Fory Musser sold 1,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $10.90, for a total value of $10,900,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Thomas Earl sold 1,000,000 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $6.89, for a total transaction of $6,890,000.00. The SEC filing for this sale provides additional information. Company insiders own 86.73% of the company’s stock.

Institutional Trading of Venture Global

Several institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada bought a new position in shares of Venture Global during the 1st quarter valued at approximately $2,150,000. Integrated Wealth Concepts LLC bought a new position in Venture Global during the first quarter valued at approximately $152,000. NewEdge Advisors LLC purchased a new position in shares of Venture Global in the first quarter worth about $460,000. Prospera Financial Services Inc purchased a new stake in Venture Global during the 2nd quarter valued at $419,000. Finally, Allworth Financial LP purchased a new position in shares of Venture Global during the second quarter valued at approximately $63,000.

More Venture Global News

Here are the key news stories impacting Venture Global this week:

• Positive Sentiment: Q4 earnings beat — VG reported $0.41 EPS, topping estimates and citing higher LNG sales volumes, which is the primary fundamental driver for the recent rally. Zacks: Q4 earnings
• Positive Sentiment: Strong trading reaction — shares gapped up on the earnings beat with unusually high volume, signaling short?term buying pressure and momentum traders piling in. AmericanBankingNews: Shares Gap Up
• Positive Sentiment: Analyst/price target support — Citigroup raised its price target to $12 (while keeping a neutral rating), which provides additional analyst validation for the move. Benzinga: Citi raises PT
• Positive Sentiment: Dividend declared — VG announced a small quarterly dividend (ex?dividend Mar 16, pay Mar 31), modestly supporting demand from income?sensitive buyers. MarketBeat: VG stock page
• Positive Sentiment: Legal overhang reduced — recent court activity upheld an arbitration ruling in VG’s favor, removing a material litigation risk cited by investors. Reuters: Legal ruling
• Neutral Sentiment: Revenue nuance — while EPS beat, some reports note revenue missed expectations, which tempers the strength of the print and leaves top?line growth an open question. Zacks: revenue note
• Neutral Sentiment: Mixed analyst views — coverage is split (Buys, Holds, Sells), so further moves may depend on follow?through guidance and macro LNG demand. Globe and Mail: Conflicting analysts
• Negative Sentiment: Large insider sale — VP Fory Musser sold 1,000,000 shares at ~$10.90 (?$10.9M), a significant disposition that can increase near?term selling pressure or signal personal liquidity taking. SEC filing
• Negative Sentiment: Options traders bought heavy put volume (~67k puts, ~284% above average), indicating hedging or bearish bets that raise the risk of short?term volatility.

Venture Global Company Profile

Venture Global (NYSE: VG) is a Houston-based energy company that develops, constructs and operates large-scale liquefied natural gas (LNG) export facilities in the United States. The company focuses on converting domestically produced natural gas into LNG for shipment to international markets, positioning itself as a supplier of pipeline-quality gas in vessel-ready form for global customers.

Venture Global’s core activities include site development, engineering and construction of liquefaction and export terminals, commissioning and ongoing operations of those facilities, and commercial marketing of LNG under both long-term and short-term contracts.