Vermilion Energy (TSE:VET) Price Target Cut to C$18.00 by Analysts at TD Securities

Vermilion Energy (TSE:VET) (NYSE:VET) had its target price trimmed by TD Securities from C$20.00 to C$18.00 in a report released on Tuesday morning, BayStreet.CA reports.

VET has been the topic of several other reports. Royal Bank of Canada cut their price objective on shares of Vermilion Energy from C$20.00 to C$17.00 in a report on Tuesday, September 17th. JPMorgan Chase & Co. reduced their price target on Vermilion Energy from C$18.00 to C$15.00 in a research report on Thursday, September 12th. Desjardins dropped their price objective on Vermilion Energy from C$21.00 to C$20.00 and set a buy rating for the company in a report on Tuesday, August 6th. BMO Capital Markets reduced their target price on Vermilion Energy from C$21.00 to C$20.00 in a report on Wednesday, July 3rd. Finally, National Bankshares decreased their target price on Vermilion Energy from C$23.00 to C$17.00 in a research report on Friday, September 27th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of Moderate Buy and an average price target of C$19.75.

Vermilion Energy Stock Down 1.6 %

TSE VET opened at C$13.97 on Tuesday. The stock has a market capitalization of C$2.18 billion, a P/E ratio of -2.75, a price-to-earnings-growth ratio of -0.02 and a beta of 2.62. Vermilion Energy has a 52 week low of C$11.87 and a 52 week high of C$21.30. The company has a debt-to-equity ratio of 36.63, a quick ratio of 0.40 and a current ratio of 1.09. The stock has a fifty day moving average of C$13.45 and a 200-day moving average of C$15.13.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C($0.52) EPS for the quarter, missing analysts’ consensus estimates of C$0.43 by C($0.95). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The firm had revenue of C$478.93 million during the quarter, compared to analyst estimates of C$514.63 million. On average, equities research analysts forecast that Vermilion Energy will post 1.3855165 EPS for the current year.

Vermilion Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.44%. The ex-dividend date is Friday, September 27th. Vermilion Energy’s dividend payout ratio is -9.39%.

Insider Activity at Vermilion Energy

In other news, Director Myron Maurice Stadnyk bought 5,000 shares of the stock in a transaction on Wednesday, August 21st. The stock was purchased at an average price of C$13.54 per share, for a total transaction of C$67,700.00. 0.16% of the stock is currently owned by insiders.

About Vermilion Energy

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.