Vermilion Energy Inc. (TSE:VET) Given Consensus Recommendation of “Hold” by Analysts

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) has earned a consensus recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$19.29.

A number of equities research analysts have recently weighed in on VET shares. Desjardins boosted their price objective on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the stock a “hold” rating in a report on Monday, March 9th. ATB Cormark Capital Markets upgraded shares of Vermilion Energy from a “hold” rating to a “moderate buy” rating and boosted their price objective for the stock from C$16.00 to C$24.00 in a report on Friday, March 27th. TD Securities lowered shares of Vermilion Energy from a “buy” rating to a “hold” rating and boosted their price objective for the stock from C$14.00 to C$16.00 in a report on Thursday, March 5th. National Bank Financial lowered their price objective on shares of Vermilion Energy from C$30.00 to C$27.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Finally, Royal Bank Of Canada upped their price target on shares of Vermilion Energy from C$22.00 to C$24.00 and gave the company a “sector perform” rating in a report on Tuesday, May 19th.

Insiders Place Their Bets

In related news, insider Gerard Schut sold 10,000 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of C$19.00, for a total transaction of C$190,000.00. Following the completion of the sale, the insider directly owned 94,268 shares in the company, valued at C$1,791,092. This represents a 9.59% decrease in their position. Also, insider Yvonne Jeffery sold 6,332 shares of the company’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of C$19.51, for a total transaction of C$123,537.32. Following the sale, the insider owned 30,527 shares of the company’s stock, valued at C$595,581.77. This represents a 17.18% decrease in their ownership of the stock. Corporate insiders own 0.16% of the company’s stock.

Vermilion Energy Trading Down 5.1%

Shares of VET opened at C$14.79 on Tuesday. The firm has a market cap of C$2.27 billion, a price-to-earnings ratio of -2.79, a PEG ratio of -0.02 and a beta of 0.26. The company has a debt-to-equity ratio of 63.73, a quick ratio of 0.40 and a current ratio of 0.63. Vermilion Energy has a fifty-two week low of C$9.71 and a fifty-two week high of C$20.31. The firm has a 50 day moving average price of C$16.87 and a 200-day moving average price of C$14.88.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C($0.95) earnings per share for the quarter. The business had revenue of C$519.13 million during the quarter. Vermilion Energy had a negative return on equity of 33.68% and a negative net margin of 44.92%. As a group, equities research analysts forecast that Vermilion Energy will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, June 15th. Vermilion Energy’s dividend payout ratio is currently -9.91%.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.