News headlines about Valero Energy (NYSE:VLO) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Valero Energy earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 46.2580362571454 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Does Valero Have Adequate Liquidity? (finance.yahoo.com)
- Could Valero’s Ethanol Earnings Rise in 1Q18? (finance.yahoo.com)
- Is Valero’s Debt Position Getting Stronger? (finance.yahoo.com)
- Valero Energy Co. (VLO) Expected to Post Earnings of $1.01 Per Share (americanbankingnews.com)
- How Valero Energy’s Refining Margins Trended in 4Q17 (finance.yahoo.com)
Shares of VLO stock opened at $92.77 on Friday. The company has a market capitalization of $39,107.13, a PE ratio of 10.04, a price-to-earnings-growth ratio of 1.05 and a beta of 1.03. Valero Energy has a fifty-two week low of $60.69 and a fifty-two week high of $99.95. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.17 and a current ratio of 1.74.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 6th. Stockholders of record on Tuesday, February 13th were paid a $0.80 dividend. The ex-dividend date was Monday, February 12th. This represents a $3.20 annualized dividend and a dividend yield of 3.45%. This is a boost from Valero Energy’s previous quarterly dividend of $0.70. Valero Energy’s payout ratio is currently 34.63%.
Valero Energy announced that its board has approved a share repurchase plan on Tuesday, January 23rd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the oil and gas company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.
A number of equities research analysts have recently weighed in on VLO shares. Scotiabank reissued a “buy” rating and set a $93.00 target price on shares of Valero Energy in a report on Friday, December 22nd. ValuEngine raised Valero Energy from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Credit Suisse Group assumed coverage on Valero Energy in a report on Wednesday, January 3rd. They set a “neutral” rating and a $91.00 price target on the stock. Piper Jaffray reiterated a “hold” rating and issued a $98.00 target price on shares of Valero Energy in a report on Monday, January 22nd. Finally, Citigroup increased their price target on Valero Energy from $76.00 to $96.00 and gave the stock a “neutral” rating in a report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. Valero Energy presently has an average rating of “Hold” and a consensus target price of $93.65.
In related news, CFO Michael S. Ciskowski sold 251,530 shares of the company’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $93.29, for a total transaction of $23,465,233.70. Following the completion of the sale, the chief financial officer now owns 309,119 shares in the company, valued at $28,837,711.51. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.45% of the stock is currently owned by corporate insiders.
TRADEMARK VIOLATION WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Valero Energy (NYSE:VLO) Stock Price” was originally reported by BBNS and is the property of of BBNS. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://baseballnewssource.com/2018/03/30/valero-energy-vlo-receives-daily-news-impact-rating-of-0-17/1974415.html.
About Valero Energy
Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company’s segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations.
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