Vermilion Energy Inc. (TSE:VET) Receives C$17.83 Average Price Target from Analysts

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$17.83.

Several research analysts have weighed in on the stock. TD Securities dropped their price objective on shares of 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. ATB Capital dropped their price target on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research note on Monday, December 30th. Canaccord Genuity Group dropped their price target on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. BMO Capital Markets lowered shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and lowered their target price for the company from C$20.00 to C$16.00 in a research note on Friday, October 4th. 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 note on Monday, December 30th.

Vermilion Energy Stock Up 1.2 %

VET stock opened at C$13.81 on Friday. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The firm has a market cap of C$2.15 billion, a PE ratio of -2.70, a P/E/G ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 12 month low of C$11.84 and a 12 month high of C$17.56. The firm has a 50 day simple moving average of C$13.95 and a 200 day simple moving average of C$13.79.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.12). The firm had revenue of C$490.10 million during the quarter, compared to analysts’ expectations of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. Equities research analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date was Tuesday, December 31st. Vermilion Energy’s payout ratio is -9.39%.

Insider Transactions at Vermilion Energy

In other news, Director Myron Maurice Stadnyk bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was acquired at an average price of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is owned by insiders.

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.