Valero(US:VLO) ZACKSยท2024-09-16 23:21Company Performance - Valero Energy (VLO) closed at $133.75, reflecting a -0.38% change from the previous day, underperforming the S&P 500's 0.13% gain [1] - Over the past month, Valero's shares have decreased by 10.39%, compared to a 2.9% loss in the Oils-Energy sector and a 3.67% gain in the S&P 500 [1] - The upcoming earnings report on October 24, 2024, is expected to show an EPS of $2.65, a decline of 64.62% year-over-year, with revenue anticipated at $33.88 billion, down 11.77% from the prior year quarter [1] Annual Forecast - The Zacks Consensus Estimates for the full year project earnings of $12.30 per share and revenue of $133.25 billion, indicating declines of -50.6% and -7.96% respectively compared to the previous year [2] Analyst Estimates and Valuation - Recent analyst estimate revisions for Valero Energy reflect changing short-term business dynamics, with positive revisions indicating optimism about the company's outlook [2] - The Zacks Rank for Valero Energy is currently 3 (Hold), with a Forward P/E ratio of 10.92, which is lower than the industry average of 13.68 [3] - Valero's PEG ratio stands at 2.73, matching the industry average, which considers expected earnings growth [3] Industry Context - The Oil and Gas - Refining and Marketing industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 174, placing it in the bottom 32% of over 250 industries [4] - The Zacks Industry Rank evaluates industry strength based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [4]