Valero(US:VLO) ZACKSยท2024-10-01 23:06Company Performance - Valero Energy (VLO) closed at $137.47, with a daily increase of +1.81%, outperforming the S&P 500's loss of 0.93% [1] - Over the last month, Valero's shares decreased by 7.97%, underperforming the Oils-Energy sector's loss of 2.51% and the S&P 500's gain of 2.17% [1] - The upcoming earnings report on October 24, 2024, is projected to show earnings of $2.09 per share, reflecting a year-over-year decline of 72.1%, with expected quarterly revenue of $33.46 billion, down 12.87% from the previous year [1] Analyst Estimates - For the fiscal year, Zacks Consensus Estimates project earnings of $10.26 per share and revenue of $131.86 billion, indicating declines of -58.8% and -8.92% respectively from the prior year [2] - Recent changes in analyst estimates indicate a downward shift of 16.54% in the Zacks Consensus EPS estimate, leading to a Zacks Rank of 5 (Strong Sell) for Valero Energy [3] Valuation Metrics - Valero Energy has a Forward P/E ratio of 13.15, which is a discount compared to the industry's average Forward P/E of 15.35 [3] - The company also has a PEG ratio of 3.29, aligning with the average PEG ratio of the Oil and Gas - Refining and Marketing industry [3] Industry Context - The Oil and Gas - Refining and Marketing industry is currently ranked 236 in the Zacks Industry Rank, placing it in the bottom 7% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]