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

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned an average rating of “Moderate Buy” from the eleven analysts that are currently covering the company, 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 brokerages that have covered the stock in the last year is C$18.77.

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price objective on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. TD Securities decreased their price target on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Canaccord Genuity Group cut their price objective on Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. ATB Capital decreased their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday, December 30th. Finally, Royal Bank of Canada lowered their target price on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a research report on Monday, December 30th.

Insider Buying and Selling at Vermilion Energy

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of Vermilion Energy stock in a transaction dated Friday, December 27th. The shares were acquired at an average cost of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is owned by company insiders.

Vermilion Energy Stock Performance

Shares of VET opened at C$14.27 on Tuesday. Vermilion Energy has a 52-week low of C$11.84 and a 52-week high of C$17.56. The company has a market capitalization of C$2.22 billion, a price-to-earnings ratio of -2.79, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. 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 stock has a 50 day moving average price of C$13.63 and a 200 day moving average price of C$13.88.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data 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). The business had revenue of C$490.10 million during the quarter, compared to analyst estimates of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. Research analysts predict that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio (DPR) is -9.39%.

About Vermilion Energy

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.