Valero Energy Partners (VLP) Given Daily News Sentiment Score of 0.02
Media coverage about Valero Energy Partners (NYSE:VLP) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Valero Energy Partners earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave press coverage about the pipeline company an impact score of 47.2854895597753 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Valero Energy Partners (NYSE VLP) traded down $0.09 during mid-day trading on Wednesday, reaching $40.95. The company’s stock had a trading volume of 102,645 shares, compared to its average volume of 119,247. The stock has a market capitalization of $2,914.39, a P/E ratio of 14.78, a P/E/G ratio of 1.08 and a beta of 0.65. The company has a quick ratio of 4.26, a current ratio of 4.26 and a debt-to-equity ratio of 5.05. Valero Energy Partners has a 52 week low of $39.49 and a 52 week high of $50.93.
Valero Energy Partners (NYSE:VLP) last issued its quarterly earnings results on Friday, February 2nd. The pipeline company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.01). The business had revenue of $126.30 million for the quarter, compared to analysts’ expectations of $123.24 million. Valero Energy Partners had a return on equity of 158.05% and a net margin of 52.75%. The business’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.77 EPS. equities research analysts anticipate that Valero Energy Partners will post 2.94 EPS for the current year.
Several analysts recently commented on the company. Barclays lowered Valero Energy Partners from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $50.00 to $49.00 in a report on Wednesday, January 17th. Zacks Investment Research lowered Valero Energy Partners from a “hold” rating to a “sell” rating in a report on Sunday, January 21st. Credit Suisse Group assumed coverage on Valero Energy Partners in a report on Thursday, January 4th. They set a “neutral” rating and a $47.00 target price on the stock. SunTrust Banks set a $50.00 target price on Valero Energy Partners and gave the stock a “buy” rating in a report on Monday, February 5th. Finally, Royal Bank of Canada dropped their target price on Valero Energy Partners to $55.00 and set a “positive” rating on the stock in a report on Tuesday, February 6th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $50.56.
About Valero Energy Partners
Valero Energy Partners LP owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other transportation and logistics assets. The Company’s assets include crude oil and refined petroleum products pipelines, terminals, and other logistics assets in the United States Gulf Coast and the United States Mid-Continent regions that are integral to the operations of the ten of Valero Energy Corporation (Valero) refineries.
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