Vital Energy FY2024 EPS Increased by Capital One Financial

Vital Energy, Inc. (NYSE:VTLE) – Capital One Financial increased their FY2024 earnings per share estimates for shares of Vital Energy in a report issued on Wednesday, January 8th. Capital One Financial analyst B. Velie now forecasts that the company will post earnings of $6.88 per share for the year, up from their previous forecast of $6.87. The consensus estimate for Vital Energy’s current full-year earnings is $6.93 per share. Capital One Financial also issued estimates for Vital Energy’s Q2 2025 earnings at $2.26 EPS, Q3 2025 earnings at $2.23 EPS, Q4 2025 earnings at $2.21 EPS and FY2025 earnings at $9.14 EPS.

VTLE has been the topic of a number of other reports. BMO Capital Markets dropped their price target on shares of Vital Energy from $48.00 to $40.00 and set a “market perform” rating on the stock in a research note on Friday, October 4th. Mizuho boosted their target price on Vital Energy from $37.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday. Piper Sandler reduced their price target on Vital Energy from $35.00 to $27.00 and set a “neutral” rating for the company in a report on Tuesday, December 17th. Wolfe Research raised Vital Energy from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Finally, Truist Financial increased their price objective on Vital Energy from $48.00 to $49.00 and gave the stock a “buy” rating in a research report on Monday. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Vital Energy currently has a consensus rating of “Hold” and a consensus price target of $46.18.

Vital Energy Stock Performance

Shares of VTLE opened at $35.54 on Monday. The stock has a market capitalization of $1.36 billion, a P/E ratio of 2.49 and a beta of 3.16. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.67 and a current ratio of 0.67. Vital Energy has a 1 year low of $25.85 and a 1 year high of $58.30. The company’s fifty day moving average is $31.37 and its two-hundred day moving average is $33.43.

Vital Energy (NYSE:VTLE) last released its earnings results on Wednesday, November 6th. The company reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.15. Vital Energy had a return on equity of 9.05% and a net margin of 25.09%. The business had revenue of $459.23 million for the quarter, compared to analyst estimates of $461.58 million. During the same quarter in the previous year, the company posted $5.16 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year.

Institutional Investors Weigh In On Vital Energy

Large investors have recently bought and sold shares of the stock. Principal Financial Group Inc. grew its holdings in shares of Vital Energy by 0.9% during the third quarter. Principal Financial Group Inc. now owns 127,271 shares of the company’s stock worth $3,424,000 after buying an additional 1,089 shares in the last quarter. Franklin Resources Inc. boosted its position in Vital Energy by 6.4% during the third quarter. Franklin Resources Inc. now owns 12,662 shares of the company’s stock worth $363,000 after acquiring an additional 758 shares during the last quarter. SkyView Investment Advisors LLC boosted its position in Vital Energy by 4.6% during the third quarter. SkyView Investment Advisors LLC now owns 21,641 shares of the company’s stock worth $582,000 after acquiring an additional 951 shares during the last quarter. Geode Capital Management LLC grew its stake in Vital Energy by 2.9% in the 3rd quarter. Geode Capital Management LLC now owns 633,017 shares of the company’s stock worth $17,031,000 after acquiring an additional 17,782 shares during the period. Finally, Barclays PLC raised its holdings in Vital Energy by 124.0% in the 3rd quarter. Barclays PLC now owns 338,675 shares of the company’s stock valued at $9,110,000 after acquiring an additional 187,503 shares during the last quarter. Institutional investors and hedge funds own 86.54% of the company’s stock.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.