Valero Energy Corp. (NYSE:VLO) is set to release its Q2 2013 earnings data before the market opens on Tuesday, July 23rd. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Valero Energy Corp. (NYSE:VLO) last released its earnings data on Tuesday, April 30th. The company reported $1.18 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.98 by $0.20. The company had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $30.41 billion. During the same quarter last year, the company posted $0.31 earnings per share. Valero Energy Corp.’s revenue was down 4.8% compared to the same quarter last year. On average, analysts expect Valero Energy Corp. to post $4.47 EPS for the current fiscal year and $5.32 EPS for the next fiscal year.
Shares of Valero Energy Corp. (NYSE: VLO) opened at 34.71 on Monday. Valero Energy Corp. has a 52 week low of $22.5411 and a 52 week high of $44.7623. The stock’s 50-day moving average is currently $36.29. The company has a market cap of $18.930 billion and a P/E ratio of 6.10.
A number of research firms have recently commented on VLO. Analysts at TheStreet reiterated a “buy” rating on shares of Valero Energy Corp. in a research note to investors on Wednesday, July 17th. On a related note, analysts at Imperial Capital cut their price target on shares of Valero Energy Corp. from $44.00 to $38.00 in a research note to investors on Monday, July 15th. They now have an “in-line” rating on the stock. Finally, analysts at UBS AG cut their price target on shares of Valero Energy Corp. from $42.00 to $40.00 in a research note to investors on Friday, July 12th. They now have a “buy” rating on the stock.
Three research analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $45.20.
Valero Energy Corporation (NYSE: VLO) is an independent petroleum refining and marketing company.