Valero(US:VLO) ZACKS·2024-07-18 23:21Company Performance - Valero Energy (VLO) closed at $147.78, reflecting a -1.51% change from the previous day's closing price, underperforming the S&P 500's loss of 0.78% [1] - Over the past month, VLO shares gained 0.07%, outperforming the Oils-Energy sector's decline of 7.83% but lagging behind the S&P 500's increase of 2.14% [1] - The upcoming earnings report on July 25, 2024, is expected to show an EPS of $3.82, a decrease of 29.26% year-over-year, with revenue projected at $34.78 billion, a 0.79% increase compared to the same quarter last year [1] Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $14.90 per share and revenue of $135.24 billion, representing declines of -40.16% and -6.58% respectively from the previous year [2] - Recent analyst estimate revisions indicate confidence in the company's business performance and profit potential, as positive revisions are associated with imminent stock price performance [2] Valuation Metrics - Valero Energy has a Forward P/E ratio of 10.07, which is lower than the industry's average Forward P/E of 12.69, indicating a valuation discount [3] - The current PEG ratio for VLO is 1.68, compared to the average PEG ratio of 1.83 for the Oil and Gas - Refining and Marketing industry [3] Industry Context - The Oil and Gas - Refining and Marketing industry is ranked 234 in the Zacks Industry Rank, placing it in the bottom 8% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape within the sector [4]