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

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have earned an average rating of “Moderate Buy” from the eleven research firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research 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 brokers that have issued ratings on the stock in the last year is C$19.36.

A number of equities research analysts have weighed in on VET shares. Canaccord Genuity Group reduced their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. TD Securities decreased their price objective on Vermilion Energy from C$20.00 to C$18.00 in a report on Tuesday, October 1st. JPMorgan Chase & Co. reduced their price target on Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. BMO Capital Markets cut Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their price target for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. Finally, National Bankshares cut their price objective on Vermilion Energy from C$23.00 to C$17.00 in a research note on Friday, September 27th.

Vermilion Energy Trading Down 2.1 %

TSE VET opened at C$13.52 on Friday. The company has a market cap of C$2.11 billion, a price-to-earnings ratio of -2.65, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. Vermilion Energy has a twelve month low of C$11.87 and a twelve month high of C$17.56. The company has a quick ratio of 0.40, a current ratio of 1.09 and a debt-to-equity ratio of 36.63. The business’s fifty day moving average is C$13.79 and its 200 day moving average is C$14.28.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of C$497.45 million. As a group, sell-side analysts expect that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy’s payout ratio is -9.39%.

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.