Important negative changes in Valero Energy Corp (NYSE: VLO) fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and significant quarterly sales deceleration occurred.
Valero Energy Corp (NYSE: VLO). Significant negative changes in investment behavior have recently occurred: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of B. 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 exceed the cost of capital, VLO is expected to continue to be an important Value Builder.
Valero Energy has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Valero Energy has a very high Appreciation Score of 91 but a neutral Power Rating of 42, resulting in the Positive Value Trend Rating.
Recent Price Action
Valero Energy Corp (NYSE: VLO) stock declined by -3.0% on 9/20/24. The shares closed at $134.46. Moreover, exceptionally high trading volume at 263% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Be the first to comment