FY2024 EPS Estimates for Vital Energy Lifted by Analyst

Vital Energy, Inc. (NYSE:VTLE) – Research analysts at Capital One Financial lifted their FY2024 EPS estimates for shares of Vital Energy in a note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now anticipates that the company will earn $6.88 per share for the year, up from their previous forecast of $6.87. The consensus estimate for Vital Energy’s current full-year earnings is $6.93 per share. Capital One Financial also issued estimates for Vital Energy’s Q2 2025 earnings at $2.26 EPS, Q3 2025 earnings at $2.23 EPS, Q4 2025 earnings at $2.21 EPS and FY2025 earnings at $9.14 EPS.

Vital Energy (NYSE:VTLE) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.61 EPS for the quarter, beating the consensus estimate of $1.46 by $0.15. The firm had revenue of $459.23 million during the quarter, compared to the consensus estimate of $461.58 million. Vital Energy had a net margin of 25.09% and a return on equity of 9.05%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.16 earnings per share.

Other equities analysts have also recently issued reports about the company. Truist Financial reduced their target price on Vital Energy from $66.00 to $48.00 and set a “buy” rating on the stock in a research note on Monday, September 30th. Piper Sandler reduced their price target on shares of Vital Energy from $35.00 to $27.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 17th. Mizuho lowered their target price on Vital Energy from $39.00 to $37.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. BMO Capital Markets reduced their price target on Vital Energy from $48.00 to $40.00 and set a “market perform” rating on the stock in a research note on Friday, October 4th. Finally, Wells Fargo & Company lowered their price objective on Vital Energy from $35.00 to $34.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 17th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $46.00.

Vital Energy Trading Up 3.9 %

VTLE opened at $35.70 on Monday. Vital Energy has a one year low of $25.85 and a one year high of $58.30. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.67 and a quick ratio of 0.67. The business has a 50 day simple moving average of $31.02 and a two-hundred day simple moving average of $33.56. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 2.50 and a beta of 3.16.

Hedge Funds Weigh In On Vital Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. bought a new position in Vital Energy during the 3rd quarter valued at about $26,000. International Assets Investment Management LLC lifted its holdings in shares of Vital Energy by 2,590.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,018 shares of the company’s stock valued at $54,000 after buying an additional 1,943 shares during the period. Signaturefd LLC boosted its stake in shares of Vital Energy by 234.2% in the 3rd quarter. Signaturefd LLC now owns 2,326 shares of the company’s stock worth $63,000 after buying an additional 1,630 shares during the last quarter. nVerses Capital LLC grew its holdings in shares of Vital Energy by 94.4% in the third quarter. nVerses Capital LLC now owns 3,500 shares of the company’s stock worth $94,000 after acquiring an additional 1,700 shares during the period. Finally, Scientech Research LLC bought a new stake in shares of Vital Energy during the 2nd quarter valued at about $239,000. 86.54% of the stock is owned by institutional investors.

Vital Energy Company Profile

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.