Notable negative changes in Valero Energy Corp (NYSE: VLO) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Valero Energy Corp (NYSE: VLO): the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
VLO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Valero Energy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Valero Energy has a very high Power Rating of 85 and a very high Appreciation Score of 92, producing the Highest Value Trend Rating.
Recent Price Action
Valero Energy Corp (NYSE: VLO) stock closed at $119.92 on 11/9/23 after a decline of -1.4%. The stock has been strong relative to the market over the last nine months but has declined -6.1% during the last week.
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