Valero Energy Corporation (NYSE:VLO) is set to post its quarterly earnings results before the market opens on Thursday, October 26th. Analysts expect Valero Energy Corporation to post earnings of $1.41 per share for the quarter.

Valero Energy Corporation (NYSE:VLO) last released its earnings results on Thursday, July 27th. The oil and gas company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.15. Valero Energy Corporation had a return on equity of 8.59% and a net margin of 2.17%. The firm had revenue of $22.25 billion during the quarter, compared to analysts’ expectations of $19.32 billion. During the same period in the prior year, the company earned $1.07 earnings per share. The company’s quarterly revenue was up 13.6% on a year-over-year basis. On average, analysts expect Valero Energy Corporation to post $4.55 EPS for the current fiscal year and $5.90 EPS for the next fiscal year.

Shares of Valero Energy Corporation (VLO) opened at 77.62 on Thursday. The firm’s 50-day moving average price is $73.86 and its 200 day moving average price is $67.86. The company has a market capitalization of $34.28 billion, a PE ratio of 19.16 and a beta of 1.22. Valero Energy Corporation has a 1-year low of $54.21 and a 1-year high of $78.64.

In other Valero Energy Corporation news, Director Stephen M. Waters sold 1,500 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $68.00, for a total value of $102,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Michael S. Ciskowski sold 53,012 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $72.88, for a total transaction of $3,863,514.56. Following the completion of the sale, the chief financial officer now directly owns 67,413 shares of the company’s stock, valued at $4,913,059.44. The disclosure for this sale can be found here. Insiders sold 55,168 shares of company stock valued at $4,015,279 over the last three months. 0.45% of the stock is currently owned by insiders.

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Several research analysts have commented on VLO shares. Credit Suisse Group reissued a “hold” rating and issued a $65.00 price target on shares of Valero Energy Corporation in a report on Wednesday, June 21st. Jefferies Group LLC raised shares of Valero Energy Corporation from a “hold” rating to a “buy” rating and raised their price target for the company from $65.00 to $80.00 in a report on Thursday, June 22nd. Scotiabank set a $70.00 price target on shares of Valero Energy Corporation and gave the company a “buy” rating in a report on Monday, June 26th. Standpoint Research started coverage on shares of Valero Energy Corporation in a report on Friday, June 30th. They issued an “accumulate” rating and a $84.00 price target for the company. Finally, BidaskClub raised shares of Valero Energy Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company. Valero Energy Corporation currently has an average rating of “Hold” and a consensus target price of $76.39.

About Valero Energy Corporation

Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company’s segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations.

Earnings History for Valero Energy Corporation (NYSE:VLO)

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