Extremely significant negative changes in Valero Energy Corp (NYSE: VLO) investment behavior have recently occurred: its longer term price trend turned down, and its shorter term price trend turned down.
Recent important negative changes in fundamentals have affected Valero Energy Corp (NYSE: VLO): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VLO is expected to continue to be an important Value Builder.
Valero Energy has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Valero Energy has a very high Power Rating of 85 and a very high Appreciation Score of 92, leading to the Highest Value Trend Rating.
Recent Price Action
Valero Energy Corp (NYSE: VLO) stock rose modestly by 0.5% on 1/2/24. The stock closed at $130.66. NORMAL trading volume accompanied the advance. The stock has been strong relative to the market over the last nine months but has declined -1.0% during the last week.
Be the first to comment