Valero Energy Corporation (NYSE:VLO) registered a -0.09% decrease, still its new closing price is 46.55% up from the company’s 1 year high of 71.40.It posted 1.62% gains in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 21 stock analysts following this company have an average price target at $73.84, with individual PT in the $65.00-$95.00 range. The shares moved at $67.31, implying that brokerage firms see shares gaining about 8.65% in twelve months time.
Valero Energy Corporation (VLO) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.48% fall year to date. A EVP and CFO at Valero Energy Corporation (VLO) offloaded shares in a transaction closed on Thursday December 08, 2016. CISKOWSKI MICHAEL S sold 57,946 shares in the company at $68.7 each and collected $3,980,001 in proceeds. CISKOWSKI MICHAEL S now owns 154,465 shares in the company after this transaction. A EVP in the company, Riggs R. Lane, disclosed a transaction on Wednesday February 24, 2016 that ended up generating $603,001 from the sale of 10,060 shares at $60 per share.
Valero Energy Corporation (NYSE:VLO) Upcoming Results on Tap
Valero Energy Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.70 in that period. Sales during the quarter are predicted to arrive at $20.55 billion.
Earnings surprise history: Last quarter, the company posted approximately $19.65 billion in revenue and EPS of $1.24. The mean forecast was for $17.01 billion and $0.93 a share, respectively. One quarter earlier, revenue for the stock was at $19.58 billion, with earnings at $1.07/share.
Valero Energy Corporation (VLO) Brokerage Update
Valero Energy Corporation (VLO) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Citigroup, according to news reported on Tuesday January 17, 2017.Another important research note was issued by Jefferies on Thursday January 12, 2017.The firm downgraded VLO to Hold from Buy. Over the last six months and over the last three months, the shares of Valero Energy Corporation (VLO), have changed 32.45% and 14.15%, respectively.