Vital Energy, Inc. (NYSE:VTLE) Receives $57.50 Consensus Target Price from Analysts

Shares of Vital Energy, Inc. (NYSE:VTLE) have received a consensus rating of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $58.10.

Several research analysts have recently commented on the company. Piper Sandler lowered their price target on Vital Energy from $54.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday. JPMorgan Chase & Co. lifted their target price on Vital Energy from $48.00 to $51.00 and gave the company an “underweight” rating in a research report on Thursday, April 11th. Raymond James boosted their price target on shares of Vital Energy from $53.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. KeyCorp lowered their price objective on shares of Vital Energy from $58.00 to $55.00 and set an “overweight” rating for the company in a research note on Thursday, January 11th. Finally, Wells Fargo & Company lifted their price objective on shares of Vital Energy from $51.00 to $57.00 and gave the company an “equal weight” rating in a report on Thursday.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Smith Graham & Co. Investment Advisors LP lifted its stake in Vital Energy by 62.4% in the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 180,641 shares of the company’s stock worth $8,217,000 after acquiring an additional 69,398 shares during the last quarter. Raymond James & Associates purchased a new stake in shares of Vital Energy during the 4th quarter worth approximately $2,432,000. Moody National Bank Trust Division boosted its holdings in shares of Vital Energy by 250.0% in the 4th quarter. Moody National Bank Trust Division now owns 35,000 shares of the company’s stock valued at $1,592,000 after buying an additional 25,000 shares in the last quarter. UBS Group AG grew its position in shares of Vital Energy by 12.8% in the 3rd quarter. UBS Group AG now owns 147,082 shares of the company’s stock valued at $8,151,000 after buying an additional 16,671 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Vital Energy during the 3rd quarter worth $1,164,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

Vital Energy Trading Up 0.9 %

Shares of VTLE opened at $53.76 on Friday. Vital Energy has a 12-month low of $40.00 and a 12-month high of $62.87. The firm has a market capitalization of $1.97 billion, a P/E ratio of 1.63 and a beta of 3.24. The firm has a 50-day moving average price of $50.87 and a 200 day moving average price of $47.93. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.58.

Vital Energy (NYSE:VTLE) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.11. The firm had revenue of $444.52 million during the quarter, compared to analysts’ expectations of $440.85 million. Vital Energy had a net margin of 44.91% and a return on equity of 17.60%. The firm’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the company posted $3.49 EPS. Sell-side analysts forecast that Vital Energy will post 9.48 EPS for the current year.

Vital Energy Company Profile

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.