Recent exceptional negative changes in investment behavior have affected Vital Energy Inc (NYSE: VTLE): negative upside/downside volume developed, and the stock fell on very heavy volume.
Vital Energy Inc (NYSE: VTLE) suffers from important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
VTLE is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Vital Energy has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Vital Energy has a very high Appreciation Score of 89 but a poor Power Rating of 18, producing the Neutral Value Trend Rating.
Recent Price Action
Vital Energy Inc (NYSE: VTLE) stock declined modestly by -1.4% on 6/21/24. The stock closed at $42.78. Moreover, this decline was accompanied by exceptionally high trading volume at 250% of normal. Relative to the market the stock has been weak over the last nine months and has declined -3.1% during the last week.
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