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Valero Energy (VLO) Stock Sinks As Market Gains: What You Should Know

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Valero Energy (VLO - Free Report) closed the most recent trading day at $66.64, moving -0.73% from the previous trading session. This move lagged the S&P 500's daily gain of 0.48%. Elsewhere, the Dow lost 0.07%, while the tech-heavy Nasdaq added 1.29%.

Investors will be hoping for strength from VLO as it approaches its next earnings release. On that day, VLO is projected to report earnings of -$1.25 per share, which would represent a year-over-year decline of 182.78%. Our most recent consensus estimate is calling for quarterly revenue of $15.15 billion, down 47.65% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.58 per share and revenue of $74.04 billion. These totals would mark changes of -127.72% and -31.65%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for VLO. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

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 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 18.4% higher. VLO is currently sporting a Zacks Rank of #3 (Hold).

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 139, putting it in the bottom 46% 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.

You can find more information on all of these metrics, and much more, on Zacks.com.


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