Vital Energy Inc (NYSE: VTLE) has reported E.P.S. of $1.00 for its second fiscal quarter (ending June 30) versus $16.35 for the same period a year ago — a decline of -94%. Relative to the consensus estimate of $1.80, this was a shortfall of $-0.80. For the latest four quarters through June 30, E.P.S. were $9.47 compared to $51.17 a year ago — a decline of -81%.
Recent Price Action
On 8/7/24, Vital Energy Inc (NYSE: VTLE) stock declined slightly by -0.2%, closing at $36.72. Moreover, this decline was accompanied by above average trading volume at 143% of normal. The stock has performed in line with the market over the last nine months and has declined -14.0% during the last week.
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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Vital Energy has a very high Appreciation Score of 91 but a neutral Power Rating of 44, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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