For its first fiscal quarter (ending March 31), Vital Energy Inc (NYSE: VTLE) has reported a -127% decline in E.P.S. from $6.93 a year ago to $-1.87 in the current quarter. This performance was $-4.51 short of the consensus estimate of $2.64. E.P.S. were $24.79 for the latest four quarters through March 31 versus $49.99 for the same period a year ago — a decline of -50%.
Recent Price Action
On 5/8/24, Vital Energy Inc (NYSE: VTLE) stock declined slightly by -1.0%, closing at $53.08. Moreover, this decline was accompanied by above average trading volume at 128% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged 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 C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Vital Energy has a good Appreciation Score of 84 but a very low Power Rating of 13, leading to the Neutral Value Trend Rating.
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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