Vital Energy (NYSE:VTLE) Price Target Increased to $112.00 by Analysts at Stifel Nicolaus

Vital Energy (NYSE:VTLE – Get Rating) had its price target raised by Stifel Nicolaus from $110.00 to $112.00 in a report released on Monday, The Fly reports.

Other analysts have also issued research reports about the company. Piper Sandler decreased their price target on Vital Energy from $57.00 to $50.00 in a research note on Thursday, May 18th. Raymond James boosted their price target on Vital Energy from $59.00 to $68.00 and gave the company an outperform rating in a research note on Friday, April 21st. Finally, Mizuho decreased their price target on Vital Energy from $53.00 to $49.00 in a research note on Friday, May 19th.

Vital Energy Trading Down 4.5 %

Shares of NYSE:VTLE opened at $43.34 on Monday. Vital Energy has a 1-year low of $39.74 and a 1-year high of $120.86. The firm has a market cap of $806.12 million, a price-to-earnings ratio of 0.88 and a beta of 3.35. The stock’s 50 day moving average price is $45.78. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.59 and a quick ratio of 0.59.

Vital Energy (NYSE:VTLE – Get Rating) last announced its quarterly earnings data on Tuesday, May 9th. The company reported $4.50 earnings per share for the quarter, missing the consensus estimate of $4.69 by ($0.19). The firm had revenue of $332.51 million for the quarter, compared to analyst estimates of $328.67 million. Vital Energy had a return on equity of 34.78% and a net margin of 48.36%. Vital Energy’s revenue for the quarter was down 37.5% compared to the same quarter last year. During the same period in the previous year, the business posted $5.17 EPS. On average, sell-side analysts predict that Vital Energy will post 21 EPS for the current year.

Insider Buying and Selling at Vital Energy

In other Vital Energy news, Director Edmund P. Segner III sold 1,155 shares of Vital Energy stock in a transaction on Friday, May 19th. The stock was sold at an average price of $44.00, for a total value of $50,820.00. Following the completion of the transaction, the director now owns 14,328 shares in the company, valued at approximately $630,432. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.80% of the company’s stock.

Vital Energy Company Profile

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Vital Energy, Inc engages in the exploration, development and acquisition of oil and natural gas properties. It operates in the Permian Basin in West Texas. The company was founded by Randy A. Foutch in October 2006 and is headquartered in Tulsa, OK.