Valero Energy (VLO) ended the recent trading session at $301.43, demonstrating a +1.91% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.38%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq gained 0.9%.
The oil refiner's stock has climbed by 19.68% in the past month, exceeding the Oils-Energy sector's loss of 1.55% and the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Valero Energy in its upcoming release. The company plans to announce its earnings on July 30, 2026. It is anticipated that the company will report an EPS of $9.81, marking a 330.26% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $35.92 billion, showing a 20.18% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $31.04 per share and revenue of $134.62 billion, indicating changes of +192.55% and +9.73%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Valero Energy should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 13.91% higher within the past month. Valero Energy is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Valero Energy has a Forward P/E ratio of 9.53 right now. This denotes no noticeable deviation relative to the industry average Forward P/E of 9.53.
Meanwhile, VLO's PEG ratio is currently 0.37. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Oil and Gas - Refining and Marketing stocks are, on average, holding a PEG ratio of 0.37 based on yesterday's closing prices.
The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 45, finds itself in the top 19% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Valero Energy Corporation (VLO): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).