Vermilion Energy Inc. (TSE:VET) Receives C$19.36 Average Target Price from Brokerages

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) have received an average recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$19.36.

A number of research analysts have recently commented on VET shares. Desjardins lowered their price target on Vermilion Energy from C$21.00 to C$20.00 and set a “buy” rating on the stock in a report on Tuesday, August 6th. Royal Bank of Canada lowered their target price on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. BMO Capital Markets downgraded shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from C$20.00 to C$16.00 in a research report on Friday, October 4th. JPMorgan Chase & Co. decreased their price objective on shares of Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Finally, Canaccord Genuity Group dropped their target price on Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd.

Vermilion Energy Price Performance

TSE VET opened at C$13.97 on Monday. The company has a 50-day moving average price of C$13.32 and a two-hundred day moving average price of C$14.49. Vermilion Energy has a 52 week low of C$11.87 and a 52 week high of C$18.37. The stock has a market cap of C$2.18 billion, a price-to-earnings ratio of -2.73, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). The business had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. Analysts forecast that Vermilion Energy will post 1.3956262 EPS for the current year.

Vermilion Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date is Tuesday, December 31st. Vermilion Energy’s payout ratio is -9.39%.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction dated Wednesday, August 21st. The shares were acquired 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 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.