Vermilion Energy Inc. (TSE:VET) Stock Has Consensus Target Price of C$19.88 According to Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$19.88.

Several equities analysts have recently issued reports on VET shares. Desjardins set a C$16.00 price objective on Vermilion Energy and gave the company a “hold” rating in a research note on Friday, July 17th. National Bank Financial increased their price objective on shares of Vermilion Energy from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research report on Tuesday, October 20th. BMO Capital Markets lifted their price objective on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. TD boosted their target price on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, TD Securities raised Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd.

Vermilion Energy Price Performance

Shares of TSE VET opened at C$14.78 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.69 and a debt-to-equity ratio of 59.30. Vermilion Energy has a 12-month low of C$10.72 and a 12-month high of C$20.31. The company’s fifty day simple moving average is C$17.56 and its 200 day simple moving average is C$16.16. The firm has a market cap of C$2.24 billion, a PE ratio of -4.69, a P/E/G ratio of -0.02 and a beta of 0.49.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its quarterly earnings data on Wednesday, November 4th. The company reported C($0.23) earnings per share for the quarter. The firm had revenue of C$609.29 million for the quarter. Vermilion Energy had a negative net margin of 23.63% and a negative return on equity of 22.77%. As a group, sell-side analysts forecast that Vermilion Energy will post 1.40 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were given a $0.1350 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Vermilion Energy’s payout ratio is currently -16.98%.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.