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Valero Energy (VLO) Dips More Than Broader Markets: What You Should Know
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Valero Energy (VLO - Free Report) closed at $90.55 in the latest trading session, marking a -1.22% move from the prior day. This change lagged the S&P 500's daily loss of 0.74%.
Coming into today, shares of the oil refiner had lost 0.36% in the past month. In that same time, the Oils-Energy sector gained 3.65%, while the S&P 500 lost 4.6%.
Valero Energy will be looking to display strength as it nears its next earnings release. In that report, analysts expect Valero Energy to post earnings of $1.50 per share. This would mark year-over-year growth of 186.71%. Our most recent consensus estimate is calling for quarterly revenue of $27.85 billion, up 33.87% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $8.02 per share and revenue of $126.76 billion. These totals would mark changes of +185.41% and +11.21%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Valero Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.6% higher. Valero Energy is holding a Zacks Rank of #1 (Strong Buy) right now.
Looking at its valuation, Valero Energy is holding a Forward P/E ratio of 11.43. Its industry sports an average Forward P/E of 15.35, so we one might conclude that Valero Energy is trading at a discount comparatively.
Meanwhile, VLO's PEG ratio is currently 1.91. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. VLO's industry had an average PEG ratio of 0.91 as of yesterday's close.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Valero Energy (VLO) Dips More Than Broader Markets: What You Should Know
Valero Energy (VLO - Free Report) closed at $90.55 in the latest trading session, marking a -1.22% move from the prior day. This change lagged the S&P 500's daily loss of 0.74%.
Coming into today, shares of the oil refiner had lost 0.36% in the past month. In that same time, the Oils-Energy sector gained 3.65%, while the S&P 500 lost 4.6%.
Valero Energy will be looking to display strength as it nears its next earnings release. In that report, analysts expect Valero Energy to post earnings of $1.50 per share. This would mark year-over-year growth of 186.71%. Our most recent consensus estimate is calling for quarterly revenue of $27.85 billion, up 33.87% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $8.02 per share and revenue of $126.76 billion. These totals would mark changes of +185.41% and +11.21%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Valero Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 10.6% higher. Valero Energy is holding a Zacks Rank of #1 (Strong Buy) right now.
Looking at its valuation, Valero Energy is holding a Forward P/E ratio of 11.43. Its industry sports an average Forward P/E of 15.35, so we one might conclude that Valero Energy is trading at a discount comparatively.
Meanwhile, VLO's PEG ratio is currently 1.91. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. VLO's industry had an average PEG ratio of 0.91 as of yesterday's close.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.