Analyst Expectations For Vital Energy's Future
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Vital Energy (NYSE:VTLE), with recent ratings ranging from bullish to bearish. Over the last quarter, the total ratings included 4 bullish, 2 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target is now $62.75, down from $76.75, indicating an 18.24% decrease. Analysts from firms like Raymond James, Truist Securities, and others have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Vital Energy, an independent energy company operating in the Permian Basin, has seen a -6.16% decline in revenue growth and has financial metrics below industry averages, including a net margin of 1.12% and an ROE of 0.29%.
January 08, 2024 | 7:00 pm
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NEGATIVE IMPACT
Vital Energy's average 12-month price target has been lowered to $62.75, reflecting an 18.24% decrease from the previous target. The company has also reported a -6.16% decline in revenue growth and below-average financial metrics such as net margin and ROE.
The reduction in the average price target by analysts suggests a bearish outlook on the stock's future performance. The reported decline in revenue and below-average financial metrics such as net margin, ROE, and ROA further support a negative short-term impact on VTLE's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100