Vital Energy (VTLE) – Research Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Vital Energy (NYSE: VTLE):

• 10/15/2024 – Vital Energy had its price target lowered by analysts at Piper Sandler from $38.00 to $37.00. They now have a “neutral” rating on the stock.
• 10/10/2024 – Vital Energy had its price target lowered by analysts at Mizuho from $42.00 to $39.00. They now have a “neutral” rating on the stock.
• 10/4/2024 – Vital Energy had its price target lowered by analysts at BMO Capital Markets from $48.00 to $40.00. They now have a “market perform” rating on the stock.
• 10/1/2024 – Vital Energy had its price target lowered by analysts at Wells Fargo & Company from $41.00 to $29.00. They now have an “equal weight” rating on the stock.
• 9/30/2024 – Vital Energy had its price target lowered by analysts at Truist Financial Co. from $66.00 to $48.00. They now have a “buy” rating on the stock.
• 9/16/2024 – Vital Energy had its price target lowered by analysts at Mizuho from $55.00 to $42.00. They now have a “neutral” rating on the stock.
• 9/12/2024 – Vital Energy had its price target lowered by analysts at JPMorgan Chase & Co. from $45.00 to $31.00. They now have an “underweight” rating on the stock.

Vital Energy Stock Up 2.3 %

Shares of VTLE stock traded up $0.62 during mid-day trading on Tuesday, hitting $28.17. The company’s stock had a trading volume of 593,666 shares, compared to its average volume of 922,229. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.51 and a current ratio of 0.51. Vital Energy, Inc. has a 52-week low of $25.94 and a 52-week high of $58.30. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 1.17 and a beta of 3.16. The business has a 50-day moving average price of $30.97 and a 200 day moving average price of $41.52.

Vital Energy (NYSE:VTLE) last posted its earnings results on Wednesday, August 7th. The company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.42). Vital Energy had a net margin of 13.97% and a return on equity of 11.58%. The company had revenue of $476.37 million for the quarter, compared to the consensus estimate of $468.76 million. During the same quarter in the prior year, the company posted $4.35 EPS. Vital Energy’s revenue was up 42.2% on a year-over-year basis. Research analysts predict that Vital Energy, Inc. will post 6.58 EPS for the current fiscal year.

Insider Activity

In other Vital Energy news, CFO Bryan Lemmerman sold 10,000 shares of the firm’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $28.54, for a total value of $285,400.00. Following the transaction, the chief financial officer now directly owns 77,516 shares of the company’s stock, valued at approximately $2,212,306.64. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Vital Energy news, CFO Bryan Lemmerman sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $28.54, for a total value of $285,400.00. Following the transaction, the chief financial officer now directly owns 77,516 shares in the company, valued at approximately $2,212,306.64. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Kathryn Anne Hill sold 2,023 shares of Vital Energy stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $30.22, for a total transaction of $61,135.06. Following the transaction, the chief operating officer now owns 29,091 shares in the company, valued at $879,130.02. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,168 shares of company stock valued at $502,017 in the last ninety days. 1.20% of the stock is currently owned by company insiders.

Institutional Trading of Vital Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC grew its stake in shares of Vital Energy by 400.9% during the 2nd quarter. CWM LLC now owns 581 shares of the company’s stock valued at $26,000 after acquiring an additional 465 shares during the period. GAMMA Investing LLC increased its stake in shares of Vital Energy by 39.2% in the first quarter. GAMMA Investing LLC now owns 1,054 shares of the company’s stock worth $55,000 after purchasing an additional 297 shares in the last quarter. nVerses Capital LLC raised its position in shares of Vital Energy by 100.0% during the 2nd quarter. nVerses Capital LLC now owns 1,800 shares of the company’s stock valued at $81,000 after purchasing an additional 900 shares during the period. Signaturefd LLC lifted its stake in shares of Vital Energy by 234.2% during the 3rd quarter. Signaturefd LLC now owns 2,326 shares of the company’s stock valued at $63,000 after buying an additional 1,630 shares in the last quarter. Finally, Innealta Capital LLC bought a new position in Vital Energy in the 2nd quarter worth $147,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.