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

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$18.77.

A number of brokerages recently commented on VET. Royal Bank of Canada cut their target price on Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a research note on Monday, December 30th. BMO Capital Markets cut shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. ATB Capital decreased their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday, December 30th. National Bankshares upped their target price on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the company an “outperform” rating in a research note on Monday, December 30th. Finally, TD Securities cut their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research note on Friday, December 20th.

Vermilion Energy Stock Performance

TSE:VET opened at C$14.46 on Tuesday. The firm’s 50-day moving average is C$13.64 and its 200-day moving average is C$13.88. The company has a market cap of C$2.25 billion, a price-to-earnings ratio of -2.83, a PEG ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. Vermilion Energy has a 52-week low of C$11.84 and a 52-week high of C$17.56.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.45 by C($0.12). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The firm had revenue of C$490.10 million for the quarter, compared to the consensus estimate of C$497.45 million. Equities research analysts anticipate that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 3.32%. Vermilion Energy’s payout ratio is -9.39%.

Insiders Place Their Bets

In related news, Director Myron Maurice Stadnyk purchased 5,000 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were acquired at an average cost of C$12.92 per share, with a total value of C$64,600.00. Insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.