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Valero Energy (VLO) Stock Moves -0.18%: What You Should Know
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Valero Energy (VLO - Free Report) closed at $73.33 in the latest trading session, marking a -0.18% move from the prior day. This change was narrower than the S&P 500's 1.91% loss on the day. At the same time, the Dow lost 2.02%, and the tech-heavy Nasdaq lost 2.26%.
Coming into today, shares of the oil refiner had lost 11.78% in the past month. In that same time, the Oils-Energy sector lost 2.47%, while the S&P 500 lost 2.51%.
VLO will be looking to display strength as it nears its next earnings release, which is expected to be February 7, 2019. On that day, VLO is projected to report earnings of $0.88 per share, which would represent a year-over-year decline of 24.14%. Meanwhile, our latest consensus estimate is calling for revenue of $29.11 billion, up 10.3% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $6.13 per share and revenue of $116.08 billion, which would represent changes of +23.59% and +23.52%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for VLO. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.24% lower. VLO is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that VLO has a Forward P/E ratio of 11.99 right now. Its industry sports an average Forward P/E of 12.05, so we one might conclude that VLO is trading at a discount comparatively.
We can also see that VLO currently has a PEG ratio of 0.31. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. VLO's industry had an average PEG ratio of 0.9 as of yesterday's close.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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) Stock Moves -0.18%: What You Should Know
Valero Energy (VLO - Free Report) closed at $73.33 in the latest trading session, marking a -0.18% move from the prior day. This change was narrower than the S&P 500's 1.91% loss on the day. At the same time, the Dow lost 2.02%, and the tech-heavy Nasdaq lost 2.26%.
Coming into today, shares of the oil refiner had lost 11.78% in the past month. In that same time, the Oils-Energy sector lost 2.47%, while the S&P 500 lost 2.51%.
VLO will be looking to display strength as it nears its next earnings release, which is expected to be February 7, 2019. On that day, VLO is projected to report earnings of $0.88 per share, which would represent a year-over-year decline of 24.14%. Meanwhile, our latest consensus estimate is calling for revenue of $29.11 billion, up 10.3% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $6.13 per share and revenue of $116.08 billion, which would represent changes of +23.59% and +23.52%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for VLO. These revisions typically reflect the latest short-term business trends, which can change frequently. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.24% lower. VLO is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that VLO has a Forward P/E ratio of 11.99 right now. Its industry sports an average Forward P/E of 12.05, so we one might conclude that VLO is trading at a discount comparatively.
We can also see that VLO currently has a PEG ratio of 0.31. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. VLO's industry had an average PEG ratio of 0.9 as of yesterday's close.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.