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Vital Energy Inc. (VTLE) Stock Could Soon Reward Patient Investors

Vital Energy Inc. (NYSE: VTLE) is 15.50% higher on its value in year-to-date trading and has touched a low of $40.00 and a high of $62.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VTLE stock was last observed hovering at around $50.76 in the last trading session, with the day’s gains setting it 1.78%.

Currently trading at $52.54, the stock is 4.26% and 12.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 3.51% at the moment leaves the stock 7.43% off its SMA200. VTLE registered 19.95% gain for a year compared to 6-month loss of -5.01%. The firm has a 50-day simple moving average (SMA 50) of $2.37 and a 200-day simple moving average (SMA200) of $3.28.

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The stock witnessed a 6.23% gain in the last 1 month and extending the period to 3 months gives it a 11.10%, and is 3.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.01% over the week and 2.80% over the month.

Vital Energy Inc. (VTLE) has around 326 employees, a market worth around $1.93B and $1.55B in sales. Current P/E ratio is 1.60 and Fwd P/E is 5.10. Profit margin for the company is 44.88%. Distance from 52-week low is 31.35% and -16.43% from its 52-week high. The company has generated returns on investments over the last 12 months (15.55%).

Vital Energy Inc. quarterly earnings per share for the current quarter are estimated at $2.04 with sales reaching $460.38M over the same period.The EPS is expected to shrink by -38.45% this year, but quarterly earnings will post 20.90% year-over-year. Quarterly sales are estimated to grow 38.50% in year-over-year returns.

Vital Energy Inc. (VTLE) Top Institutional Holders

297 institutions hold shares in Vital Energy Inc. (VTLE), with institutional investors hold 86.42% of the company’s shares. The shares outstanding are 35.41M, and float is at 20.81M with Short Float at 32.49%. Institutions hold 66.75% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 2.86 million shares valued at $129.15 million. The investor’s holdings represent 15.39% of the VTLE Shares outstanding. As of Jun 29, 2023, the second largest holder is State Street Corporation with 1.6 million shares valued at $72.08 million to account for 8.59% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 1.2 million shares representing 6.48% and valued at over $54.4 million, while Dimensional Fund Advisors LP holds 3.84% of the shares totaling 0.71 million with a market value of $32.25 million.

Vital Energy Inc. (VTLE) Insider Activity

The most recent transaction is an insider purchase by Lancaster Lori A,the company’sDirector. SEC filings show that Lancaster Lori A bought 1,000 shares of the company’s common stock on Dec 01 ’23 at a price of $45.03 per share for a total of $45030.0. Following the purchase, the insider now owns 1747.0 shares.

Vital Energy Inc. disclosed in a document filed with the SEC on Oct 02 ’23 that Denny Mark David (SVP, Gen. Counsel & Secretary) sold a total of 5,496 shares of the company’s common stock. The trade occurred on Oct 02 ’23 and was made at $54.75 per share for $0.3 million. Following the transaction, the insider now directly holds 18494.0 shares of the VTLE stock.

Still, SEC filings show that on May 19 ’23, SEGNER EDMUND P III (Director) disposed off 1,155 shares at an average price of $44.00 for $50820.0. The insider now directly holds 14,328 shares of Vital Energy Inc. (VTLE).

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