Vermilion Energy Inc. (TSE:VET) Stock Has Consensus Target Price of C$19.88 According to Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is C$19.88.

VET has been the topic of several recent analyst reports. National Bank Financial increased their target price on Vermilion Energy from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 20th. TD lifted their price target on Vermilion Energy from C$18.00 to C$19.00 and gave the company a “buy” rating in a report on Friday, July 31st. Desjardins set a C$16.00 price target on Vermilion Energy and gave the company a “hold” rating in a report on Friday, July 17th. BMO Capital Markets upped their price objective on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a research note on Friday, July 31st. Finally, TD Securities upgraded shares of Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd.

Vermilion Energy Stock Performance

TSE:VET opened at C$14.65 on Friday. The firm has a 50 day simple moving average of C$17.44 and a 200-day simple moving average of C$16.18. The company has a debt-to-equity ratio of 59.30, a current ratio of 0.69 and a quick ratio of 0.40. The firm has a market cap of C$2.22 billion, a PE ratio of -4.65, a P/E/G ratio of -0.02 and a beta of 0.49. Vermilion Energy has a 1-year low of C$10.72 and a 1-year high of C$20.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, November 4th. The company reported C($0.23) earnings per share (EPS) for the quarter. The business had revenue of C$609.29 million for the quarter. Vermilion Energy had a negative return on equity of 22.77% and a negative net margin of 23.63%. On average, equities analysts expect that Vermilion Energy will post 1.40 EPS for the current year.

Vermilion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were issued a $0.1350 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Tuesday, September 15th. Vermilion Energy’s payout ratio is presently -16.98%.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.