Vermilion Energy Inc. (TSE:VET) Receives Consensus Rating of “Moderate Buy” from Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$21.54.

A number of research analysts recently weighed in on the company. ATB Capital dropped their price target on Vermilion Energy from C$27.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Thursday, January 18th. Canaccord Genuity Group increased their target price on Vermilion Energy from C$20.00 to C$20.50 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Stifel Nicolaus boosted their price target on shares of Vermilion Energy from C$20.25 to C$22.00 and gave the company a “buy” rating in a research note on Tuesday, April 23rd. JPMorgan Chase & Co. dropped their price objective on shares of Vermilion Energy from C$23.00 to C$21.00 and set an “overweight” rating on the stock in a research note on Friday, March 8th. Finally, TD Securities raised shares of Vermilion Energy from a “hold” rating to a “buy” rating and boosted their target price for the stock from C$18.00 to C$20.00 in a research report on Wednesday, March 27th.

Insider Buying and Selling at Vermilion Energy

In related news, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of Vermilion Energy stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of C$16.50, for a total value of C$825,000.00. In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 3,000 shares of the stock in a transaction that occurred on Tuesday, March 26th. The stock was bought at an average cost of C$16.10 per share, with a total value of C$48,300.00. Also, Senior Officer Jenson Jit-Chang Tan sold 50,000 shares of the business’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of C$16.50, for a total transaction of C$825,000.00. 0.15% of the stock is currently owned by corporate insiders.

Vermilion Energy Stock Performance

TSE:VET opened at C$16.60 on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.18 and a debt-to-equity ratio of 31.93. Vermilion Energy has a twelve month low of C$13.30 and a twelve month high of C$21.60. The company has a fifty day moving average of C$16.03 and a 200-day moving average of C$16.44. The firm has a market capitalization of C$2.69 billion, a P/E ratio of -11.45, a P/E/G ratio of -0.02 and a beta of 2.71.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings results on Wednesday, March 6th. The company reported C$1.30 earnings per share for the quarter, beating the consensus estimate of C$0.71 by C$0.59. The firm had revenue of C$522.97 million during the quarter, compared to the consensus estimate of C$593.34 million. Vermilion Energy had a negative net margin of 12.98% and a negative return on equity of 7.39%. As a group, sell-side analysts anticipate that Vermilion Energy will post 1.8666667 EPS for the current year.

Vermilion Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a $0.12 dividend. This is a boost from Vermilion Energy’s previous quarterly dividend of $0.10. The ex-dividend date was Wednesday, March 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.89%. Vermilion Energy’s payout ratio is presently -33.10%.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.