Valero Energy Corporation (VLO) has witnessed upward earnings estimate revisions for 2024 and 2025 over the past seven days.The company, with a Zacks Rank #2 (Buy), has gained 38.2% over the past six months compared with 18.5% growth of the composite stocks belonging to the industry. Image Source: Zacks Investment Research What’s Favoring the Stock?Valero demonstrated strong financial resilience and adaptability by posting significant earnings in the fourth quarter of 2023. Its EPS of $3.55, surpassing expe ...

Valero Energy (VLO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this oil refiner have returned +16.9% over the past month versus the Zacks S&P 500 composite's +1.8% change. The Zacks Oil and Gas - Refining and Marketing industry, to which Valero Energy belongs, has gained 10.7% over this period. Now the key question is: Where could the stock be headed ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Valero Energy (VLO) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this oil refiner reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Valero Energy (VLO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Valero Energy currently has an average brokerage recommenda ...

Have you been paying attention to shares of Valero Energy (VLO) ? Shares have been on the move with the stock up 22.6% over the past month. The stock hit a new 52-week high of $184.79 in the previous session. Valero Energy has gained 41.1% since the start of the year compared to the 12% move for the Zacks Oils-Energy sector and the 15.6% return for the Zacks Oil and Gas - Refining and Marketing industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Valero Energy (VLO) . This company, which is in the Zacks Oil and Gas - Refining and Marketing industry, shows potential for another earnings beat.When looking at the last two reports, this oil refiner has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 11.05%, on average, in the ...

The latest trading session saw Valero Energy (VLO) ending at $169.57, denoting a +1.3% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq increased by 1.25%.Shares of the oil refiner witnessed a gain of 23.97% over the previous month, beating the performance of the Oils-Energy sector with its gain of 5.25% and the S&P 500's gain of 3.56%.Investors will be ...

SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on April 25, 2024 at 10:00 a.m. ET to discuss first quarter 2024 earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the conference call may join the webcast on Valero’s Investor Relations website at investorvalero.com. About Valero Valero Energy Corporation, through its subsidiaries (collectively, Va ...