Let’s start up with the current stock price of Valero Energy Corporation (VLO), which is $65.43 to be very precise. The Stock rose vividly during the last session to $67.17 after opening rate of $66.99 while the lowest price it went was recorded $64.47 before closing at $64.70.Recently in News on August 27, 2021, Valero Energy Corporation Announces the Redemption of Floating Rate Senior Notes Due 2023. Valero Energy Corporation (NYSE: VLO) announced today that it will redeem the entire outstanding principal amount of its Floating Rate Senior Notes due 2023 (the “Notes”) as part of its previously announced plans to reduce debt. The redemption date for the Notes is September 27, 2021. The aggregate principal amount of the Notes outstanding is $575 million. The redemption price for the Notes will be equal to 100% of the principal amount of the Notes outstanding, plus accrued and unpaid interest thereon to, but not including, the redemption date. Valero plans to use cash on hand to fund the redemption of the Notes. You can read further details here
Valero Energy Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $84.95 on 06/03/21, with the lowest value was $54.78 for the same time period, recorded on 01/04/21.
Valero Energy Corporation (VLO) full year performance was 36.18%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Valero Energy Corporation shares are logging -22.98% during the 52-week period from high price, and 84.62% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $35.44 and $84.95.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1143312 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Valero Energy Corporation (VLO) recorded performance in the market was 14.37%, having the revenues showcasing -21.39% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 26.51B, as it employees total of 9964 workers.
Analysts verdict on Valero Energy Corporation (VLO)
During the last month, 15 analysts gave the Valero Energy Corporation a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 72.50, with a change in the price was noted -4.29. In a similar fashion, Valero Energy Corporation posted a movement of -6.11% for the period of last 100 days, recording 3,919,938 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for VLO is recording 0.83 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.77.
Valero Energy Corporation (VLO): Technical Analysis
Raw Stochastic average of Valero Energy Corporation in the period of last 50 days is set at 43.35%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 76.86%. In the last 20 days, the company’s Stochastic %K was 73.58% and its Stochastic %D was recorded 66.16%.
Let’s take a glance in the erstwhile performances of Valero Energy Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 14.37%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -18.43%, alongside a boost of 36.18% for the period of the last 12 months. The shares increased approximately by -1.25% in the 7-day charts and went up by -2.34% in the period of the last 30 days. Common stock shares were lifted by -21.39% during last recorded quarter.