National Bankshares Forecasts Strong Price Appreciation for Vermilion Energy (TSE:VET) Stock

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price increased by National Bankshares from C$17.50 to C$18.00 in a research report report published on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other equities research analysts have also issued reports about the stock. BMO Capital Markets lowered shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Royal Bank of Canada lowered their price target on Vermilion Energy from C$20.00 to C$17.00 in a research report on Tuesday, September 17th. JPMorgan Chase & Co. cut their price objective on Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Canaccord Genuity Group decreased their target price on Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. Finally, TD Securities reduced their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Vermilion Energy has a consensus rating of “Moderate Buy” and an average price target of C$18.86.

Vermilion Energy Trading Up 2.8 %

Shares of TSE:VET opened at C$13.13 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63. Vermilion Energy has a 12-month low of C$11.84 and a 12-month high of C$17.56. The business has a 50 day moving average of C$13.61 and a two-hundred day moving average of C$13.98. The company has a market capitalization of C$2.05 billion, a PE ratio of -2.57, a PEG ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share (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 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%. As a group, analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is currently -9.39%.

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.