Analysts Set Vermilion Energy Inc. (TSE:VET) PT at C$19.45

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have earned a consensus recommendation of “Moderate Buy” from the eleven analysts that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$19.36.

A number of equities analysts have weighed in on the stock. TD Securities decreased their target price on shares of Vermilion Energy from C$20.00 to C$18.00 in a research note on Tuesday, October 1st. National Bankshares lowered their price objective on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th. BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and cut their target price for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Royal Bank of Canada lowered their price target on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. Finally, Canaccord Genuity Group cut their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday.

Vermilion Energy Price Performance

VET opened at C$13.29 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63. The company has a market cap of C$2.07 billion, a price-to-earnings ratio of -2.63, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The stock has a fifty day simple moving average of C$13.42 and a two-hundred day simple moving average of C$14.89. Vermilion Energy has a 12-month low of C$11.87 and a 12-month high of C$20.51.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Wednesday, July 31st. The company reported C($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.95). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The business had revenue of C$478.93 million during the quarter, compared to analysts’ expectations of C$514.63 million. Research analysts predict that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend was Friday, September 27th. Vermilion Energy’s dividend payout ratio is currently -9.39%.

Insider Buying and Selling at Vermilion Energy

In other news, Director Myron Maurice Stadnyk purchased 5,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were purchased at an average cost of C$13.54 per share, for a total transaction of C$67,700.00. Company insiders own 0.16% of the company’s stock.

About Vermilion Energy

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.