Valero(US:VLO) ZACKSยท2024-10-11 23:06Company Performance - Valero Energy's stock closed at $142.34, reflecting a -0.26% change from the previous day, underperforming the S&P 500 which gained 0.61% [1] - Over the past month, Valero Energy shares increased by 6.4%, while the Oils-Energy sector declined by 2.26% and the S&P 500 rose by 5.36% [1] - The upcoming earnings report is scheduled for October 24, 2024, with an expected EPS of $1.40, indicating an 81.31% decline year-over-year, and a revenue forecast of $33.11 billion, down 13.78% from the same quarter last year [1] Analyst Estimates - For the fiscal year, earnings are projected at $9.61 per share and revenue at $130.37 billion, representing declines of -61.41% and -9.94% respectively from the prior year [2] - Recent changes in analyst estimates reflect shifting business dynamics, with upward revisions indicating positive sentiment towards Valero Energy's operations [2] - The Zacks Consensus EPS estimate has decreased by 21.86% over the last 30 days, leading to a Zacks Rank of 5 (Strong Sell) for Valero Energy [3] Valuation Metrics - Valero Energy's Forward P/E ratio is currently 14.85, which is lower than the industry average of 15.33 [3] - The company has a PEG ratio of 3.71, compared to the industry average PEG ratio of 2.55, indicating a higher valuation relative to projected earnings growth [3] Industry Context - The Oil and Gas - Refining and Marketing industry ranks 238 in the Zacks Industry Rank, placing it in the bottom 6% of over 250 industries [4] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [4]