Based on ratings from 21 stock analysts, the Valero Energy Corp stock price is expected to increase by 10.94% in 12 months. This is calculated by using the average 12-month stock price forecast for Valero Energy Corp. The lowest target is $123 and the highest is $176. Please note analyst price targets are not guaranteed and could be missed completely.
About 21 Wall Street analysts have assignedVLO 9 buy ratings, 12 hold ratings, and 0 sell ratings. This means that analysts expect Valero Energy Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on VLO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of VLO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Vikram Bagri Citigroup | Buy | $176 | Maintains | Oct 25, 2024 |
Jason Gabelman TD Cowen | Buy | $140 | Maintains | Oct 25, 2024 |
Jean Ann Salisbury B of A Securities | Neutral | $150 | Reinstates | Oct 17, 2024 |
Paul Cheng Scotiabank | Sector Outperform | $141 | Maintains | Oct 10, 2024 |
Roger Read Wells Fargo | Overweight | $165 | Upgrade | Oct 9, 2024 |
Phillip Jungwirth BMO Capital | Outperform | $165 | Maintains | Oct 4, 2024 |
Theresa Chen Barclays | Overweight | $146 | Maintains | Oct 2, 2024 |
John Royall JP Morgan | Overweight | $151 | Maintains | Oct 2, 2024 |
Ryan Todd Piper Sandler | Neutral | $123 | Downgrade | Sep 20, 2024 |
Neil Mehta Goldman Sachs | Sell | $131 | Maintains | Sep 16, 2024 |
Nitin Kumar Mizuho | Outperform | $171 | Maintains | Sep 16, 2024 |
Roger Read Wells Fargo | Equal-Weight | $172 | Maintains | Sep 3, 2024 |
Roger Read Wells Fargo | Equal-Weight | $165 | Maintains | Jul 26, 2024 |
Doug Leggate Wolfe Research | Outperform | Reinstates | Jul 18, 2024 | |
Nitin Kumar Mizuho | Outperform | $175 | Upgrade | Jul 17, 2024 |
Paul Cheng Scotiabank | Sector Outperform | $173 | Maintains | Jul 12, 2024 |
Roger Read Wells Fargo | Equal-Weight | $156 | Maintains | Jul 12, 2024 |
Theresa Chen Barclays | Overweight | $165 | Maintains | Jul 9, 2024 |
John Royall JP Morgan | Overweight | $172 | Maintains | Jul 2, 2024 |
Theresa Chen Barclays | Overweight | $171 | Maintains | Jul 1, 2024 |
When did it IPO
1982
Staff Count
9,886
Country
United States
Sector/Industry
Energy/Oil & Gas Refining & Marketing
CEO
Mr. R. Lane Riggs
Market Cap
$41.14B
In 2023, VLO generated $144.77B in revenue, which was a decrease of -17.93% from the previous year. This can be seen as a signal that VLO's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - An investor considering a stock with a 9.3% dividend yield could expect to receive $930 annually from a $10,000 investment.
Why It Matters - A high dividend yield, like 9.3%, signals potential income but may also indicate underlying risks. Investors must assess sustainability before committing capital.
Summary - Valero Energy (VLO) has garnered significant interest from Zacks.com users, highlighting the need for investors to stay informed on factors affecting the stock's outlook.
Why It Matters - Increased attention from Zacks.com users may indicate rising interest in Valero Energy, potentially affecting stock performance and trading volume.
Summary - Valero Energy Corporation announced that Joseph W. Gorder will retire as Executive Chairman and Board member on December 31, 2024. R. Lane Riggs will become Chairman of the Board on the same date.
Why It Matters - Leadership changes at Valero Energy may impact investor confidence and stock performance. Gorder's retirement could signal strategic shifts, while Riggsโ elevation suggests continuity in management.
Summary - Valero Energy Corporation (NYSE: VLO) has declared a quarterly cash dividend of $1.07 per share, payable on December 20, 2024, to shareholders on record by November 20, 2024.
Why It Matters - Valero's quarterly dividend declaration signals financial stability and shareholder returns, potentially attracting income-focused investors and boosting stock demand.
Summary - Valero Energy Corporation (NYSE: VLO) will host its Q3 2024 earnings conference call on October 24, 2024, at 10:00 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - Valero's Q3 earnings call may reveal insights into its financial performance, operational strategies, and market outlook, influencing stock valuation and investor sentiment.
Summary - Valero Energy reported Q3 2024 net income of $364 million ($1.14/share), down from $2.6 billion ($7.49/share) in Q3 2023. Refining operating income fell to $565 million from $3.4 billion.
Why It Matters - Valero's significant decline in net income and refining operating income year-over-year signals reduced profitability, potentially impacting stock performance and investor sentiment.