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

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has been assigned a consensus rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$19.29.

VET has been the topic of several research reports. National Bank Financial decreased their price target on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. ATB Cormark Capital Markets raised shares of Vermilion Energy from a “hold” rating to a “moderate buy” rating and boosted their target price for the stock from C$16.00 to C$24.00 in a report on Friday, March 27th. Desjardins boosted their target price on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the stock a “hold” rating in a report on Monday, March 9th. Royal Bank Of Canada boosted their target price on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Finally, TD Securities lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and boosted their target price for the stock from C$14.00 to C$16.00 in a report on Thursday, March 5th.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, insider Yvonne Jeffery sold 6,332 shares of the stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of C$19.51, for a total transaction of C$123,537.32. Following the completion of the transaction, the insider owned 30,527 shares in the company, valued at C$595,581.77. This trade represents a 17.18% decrease in their ownership of the stock. Also, insider Gerard Schut sold 10,000 shares of the stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of C$19.00, for a total transaction of C$190,000.00. Following the transaction, the insider owned 94,268 shares of the company’s stock, valued at C$1,791,092. This represents a 9.59% decrease in their position. 0.16% of the stock is owned by company insiders.

Vermilion Energy Stock Performance

Shares of VET opened at C$16.23 on Tuesday. The firm has a 50-day moving average of C$17.20 and a 200-day moving average of C$14.77. The company has a debt-to-equity ratio of 63.73, a current ratio of 0.63 and a quick ratio of 0.40. The company has a market cap of C$2.49 billion, a PE ratio of -3.06, a price-to-earnings-growth ratio of -0.02 and a beta of 0.26. Vermilion Energy has a one year low of C$9.71 and a one year high of C$20.31.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, May 6th. The company reported C($0.95) earnings per share (EPS) for the quarter. Vermilion Energy had a negative return on equity of 33.68% and a negative net margin of 44.92%.The company had revenue of C$519.13 million for the quarter. As a group, equities analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th will be given a dividend of $0.135 per share. The ex-dividend date is Monday, June 15th. This represents a $0.54 annualized dividend and a yield of 3.3%. Vermilion Energy’s dividend payout ratio is presently -9.91%.

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.