Valero(US:VLO) ZACKSยท2024-07-12 23:06Company Performance - Valero Energy (VLO) closed at $147.92, reflecting a +0.87% increase from the previous day, outperforming the S&P 500's daily gain of 0.55% [1] - Over the past month, Valero's shares experienced a loss of 2.12%, which is better than the Oils-Energy sector's loss of 11.53% but underperformed the S&P 500's gain of 4.28% [1] - The upcoming earnings report on July 25, 2024, is projected to show earnings of $4.25 per share, a year-over-year decline of 21.3%, with expected revenue of $34.82 billion, a 0.9% increase compared to the previous year [1] Earnings Estimates - For the full year, the Zacks Consensus Estimates project earnings of $15.34 per share and revenue of $135.3 billion, representing declines of -38.39% and -6.54% from the prior year, respectively [2] - Recent shifts in analyst projections are crucial for investors, as positive revisions indicate confidence in the company's performance and profit potential [2] Valuation Metrics - Valero Energy currently has a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 9.56, indicating a discount compared to the industry's Forward P/E of 13.08 [3] - The company has a PEG ratio of 1.59, which is lower than the average PEG ratio of 1.71 for the Oil and Gas - Refining and Marketing industry [3] Industry Context - The Oil and Gas - Refining and Marketing industry is ranked 198 in the Zacks Industry Rank, placing it in the bottom 22% of over 250 industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape within the sector [4]