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Friday, September 29, 2023

Vital Energy Inc. (NYSE: VTLE): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Vital Energy Inc. (VTLE) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.09, or 0.15%, to $61.05. The Vital Energy Inc. has recorded 10,244 volume in the after hours trading session.

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Stocks Info

VTLE belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $60.96 and fluctuated between $62.87 as its day high and $60.79 as its day low. The current market capitalization of Vital Energy Inc. is $1.10B. A total of 0.57 million shares were traded on the day, compared to an average of 641.97K shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, VTLE has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 927 and the disposition of 8,514 shares. Over the last 12 months, there were 16 BUYs and 19 SELLs from insiders. Insiders purchased 183,865 shares during that period but sold 163,100.

In the most recent transaction, SEGNER EDMUND P III sold 1,155 shares of VTLE for 44.00 per share on May 19. After the transaction, the Director now owns 14,328 company shares. In a previous transaction on Feb 01, PIGOTT M. JASON sold 3,750 shares at 55.31 per share. VTLE shares that President & CEO owns now total 95,657.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for VTLE in the last 3 months, the mean price target is $76.50 with high estimates of $122.00 and low estimates of $54.00. In terms of 52-week highs and lows, VTLE has a high of $79.92 and a low of $39.74.

As of this writing, VTLE has an earnings estimate of $5.22 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $6.3 per share and a lower estimate of $3.97. The company reported an EPS of $4.5 in the last quarter, which was -1.70% lower than expectations of $4.58.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. VTLE’s latest balance sheet shows that the firm has $56.80M in Cash & Short Term Investments as of fiscal 2021. There were $1.44B in debt and $526.91M in liabilities at the time. Its Book Value Per Share was $88.93, while its Total Shareholder’s Equity was $513.78M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VTLE is Buy with a score of 3.43.

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