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

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

A number of brokerages recently weighed in on VET. Desjardins raised their price target on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the company a “hold” rating in a research note on Monday, March 9th. TD Securities lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and raised their price target for the company from C$14.00 to C$16.00 in a research note on Thursday, March 5th. Scotiabank raised their price target on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. ATB Cormark Capital Markets raised shares of Vermilion Energy from a “hold” rating to a “moderate buy” rating and raised their price target for the company from C$16.00 to C$24.00 in a research note on Friday, March 27th. Finally, Royal Bank Of Canada increased their price objective on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a report on Tuesday.

Vermilion Energy Trading Up 3.1%

Shares of Vermilion Energy stock opened at C$18.17 on Friday. The firm has a market capitalization of C$2.78 billion, a PE ratio of -3.43, a P/E/G ratio of -0.02 and a beta of 0.53. Vermilion Energy has a twelve month low of C$8.63 and a twelve month high of C$20.31. The firm’s 50-day moving average price is C$17.47 and its 200 day moving average price is C$14.31. The company has a current ratio of 0.63, a quick ratio of 0.40 and a debt-to-equity ratio of 63.73.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, May 6th. The company reported C($0.95) earnings per share for the quarter. The company had revenue of C$519.13 million during the quarter. Vermilion Energy had a negative net margin of 44.92% and a negative return on equity of 33.68%. On average, sell-side analysts predict that Vermilion Energy will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were issued a $0.135 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, March 13th. This is a positive change from Vermilion Energy’s previous quarterly dividend of $0.13. Vermilion Energy’s payout ratio is currently -9.91%.

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 value of C$123,537.32. Following the completion of the sale, the insider owned 30,527 shares in the company, valued at approximately C$595,581.77. This represents a 17.18% decrease in their position. Also, insider Gerard Schut sold 10,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of C$19.00, for a total transaction of C$190,000.00. Following the completion of the sale, the insider owned 94,268 shares of the company’s stock, valued at approximately C$1,791,092. The trade was a 9.59% decrease in their position. 0.16% of the stock is currently owned by corporate insiders.

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.