FY2024 EPS Forecast for Vermilion Energy Reduced by Analyst

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Research analysts at Atb Cap Markets lowered their FY2024 EPS estimates for shares of Vermilion Energy in a report released on Thursday, February 13th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.42 for the year, down from their prior forecast of $0.45. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for Vermilion Energy’s current full-year earnings is $1.40 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q4 2024 earnings at $0.62 EPS.

Other research analysts also recently issued reports about the stock. Royal Bank of Canada decreased their price target on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a research note on Monday, December 30th. National Bankshares increased their price target on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. ATB Capital decreased their price target on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a research note on Monday, December 30th. TD Securities decreased their price target on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating for the company in a research note on Friday, December 20th. Finally, Canaccord Genuity Group decreased their price target on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$17.94.

Vermilion Energy Trading Up 1.0 %

TSE VET opened at C$12.90 on Monday. The company has a debt-to-equity ratio of 35.61, a current ratio of 1.25 and a quick ratio of 0.40. The firm’s fifty day moving average price is C$13.65 and its 200 day moving average price is C$13.62. The company has a market capitalization of C$2.00 billion, a price-to-earnings ratio of -2.43, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. Vermilion Energy has a 12 month low of C$11.84 and a 12 month high of C$17.56.

Insider Transactions at Vermilion Energy

In related news, Director Myron Maurice Stadnyk acquired 5,000 shares of Vermilion Energy stock in a transaction that occurred on Friday, December 27th. The stock was purchased at an average price of C$12.92 per share, for a total transaction of C$64,600.00. Company insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.