Valero Energy Corp (NYSE: VLO) has reported E.P.S. of $1.14 for its third fiscal quarter (ending September 30) versus $7.49 for the same period a year ago — a decline of -85%. For the latest four quarters through September 30, E.P.S. were $11.21 compared to $29.37 a year ago — a decline of -62%.
Recent Price Action
Valero Energy Corp (NYSE: VLO) stock closed at $131.36 on 10/24/24 after a modest decline of -1.2%. Moreover, this decline was accompanied by above average trading volume at 131% 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.
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 C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Valero Energy has a very high Appreciation Score of 90 but a poor Power Rating of 19, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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