Valero Energy Corporation (NYSE:VLO) plunged -0.33% during previous trade, a total of 2.96M shares exchanged hands compared with its average trading volume of 4.97M shares whereas its relative volume is 0.66. The stock has a market capitalization of $30.92B along with 451.05M outstanding shares. Stock’s intraday price range hit the peak level of $67.70 and touched the lowest level of $66.83.
Most recently Valero Energy Corporation (NYSE:VLO)’s price target was revised on 3/9/17 and according to 16 analysts stock’s price will reach at $72.97 during 52 weeks with standard deviation of 7.40. Stock’s minimum price target estimates has been figured out at $65 while the maximum price target forecast is established at $86, if we look at the price target with an optimistic approach it has upside potential of 27% from its latest closing price of $67.44.
Historically, if we look at price target revisions, two weeks ago Valero Energy Corporation (NYSE:VLO)’s price target was revised on 2/7/17 by the analysts, however the bullish price estimates of the stock set at $86 while the bearish estimates kept at $62 over the next one year. Stock’s 52-week target was retained at $72, the estimates indicates a standard deviation of 7.75.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.82. ABR value is precisely based on brokerage recommendations, where out of 14 brokerage recommendations 7 rate Valero Energy Corporation (NYSE:VLO) stock a Strong Buy, 2 rate the stocks of the company a Buy, 5 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 1/17/17 the stock of Valero Energy Corporation (NYSE:VLO) downgraded by Citigroup from Buy to Neutral. However previously on 1/12/17 it was downgraded by Jefferies from Buy to Hold. A research note issued on 1/5/17 the stock was upgraded by BofA/Merrill from Neutral to Buy.
Valero Energy Corporation (NYSE:VLO) performance over the past one year soared 9.19% whereas its year to date (YTD) performance indicated a bearish trend of -0.25%. During the last six months the stock rose 23.09%. Quarterly performance of the company shows optimistic momentum of 0.22% while its last one month trend is positive with 1%. Stock’s weekly performance expressed up trend of 2.77%.
The company’s price sits 1.46% above from its 50-day moving average of $66.73 and 16.01% far from the stock’s 200-day moving average which is $62.21. Valero Energy Corporation (NYSE:VLO)’s shares are currently trading -4.56% away from the 52-week high price of $70.66 and +48.37% far from the 52-week low price of $45.45.
According to consensus agreement of 18 analysts Valero Energy Corporation (NYSE:VLO) will report earnings per share of $0.72 in their quarterly report and it is expected to announce the company’s results on 5/2/17. For the current quarter the company has high EPS estimates of $1 in contradiction of low EPS estimates of $0.51. However a year ago for the same quarter the company has reported $0.6 EPS. Current year EPS projections for Valero Energy Corporation (NYSE:VLO) set at $5.12 according to the sentiments of 20 analysts, while its lowest earnings estimates are $4.15 and highest earnings estimates are $6.93.
According to 6 analysts, Valero Energy Corporation (NYSE:VLO)’s revenue estimates for the current quarter are $19.42B meanwhile the company has high revenue estimates of $25.05B in contradiction of low revenue estimates of $15.36B. For the current year the company’s revenue estimates are $82B compared to low analyst estimates of $67.18B and high estimates of $95.73B according to the projection of 9 analysts.