A History of Outperforming Analyst Forecasts and Beating the Odds: VAALCO Energy, Inc (EGY)

With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $4.3455 whereas the lowest price it dropped to was $4.23. The 52-week range on EGY shows that it touched its highest point at $7.51 and its lowest point at $4.03 during that stretch. It currently has a 1-year price target of $9.07. With its current market cap of 450.25 million, EGY has annualized dividend of $0.25 while the current yield stands at 5.77%. Beta for the stock currently stands at 1.17.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EGY was down-trending over the past week, with a drop of -8.26%, but this was down by -19.96% over a month. Three-month performance dropped to -23.77% while six-month performance fell -32.03%. The stock lost -7.08% in the past year, while it has lost -3.56% so far this year. A look at the trailing 12-month EPS for EGY yields 0.86 with Next year EPS estimates of 0.37. For the next quarter, that number is 0.05. This implies an EPS growth rate of -19.35% for this year and -25.33% for next year. EPS is expected to grow by 2.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.09%.

Float and Shares Shorts:

At present, 103.74 million EGY shares are outstanding with a float of 101.84 million shares on hand for trading. On 2024-11-29, short shares totaled 4.25 million, which was 409.9999700000001 higher than short shares on 1730332800. In addition to Mr. George Walter-Mitchell Maxwell as the firm’s CEO & Director, Mr. Ronald Y. Bain serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.61180997 of EGY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EGY reported revenue of $140334000.0 and operating income of $44083000.0. The EBITDA in the recently reported quarter was $90973000.0 and diluted EPS was $0.1.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With EGY analysts setting a high price target of 10.0 and a low target of 8.0, the average target price over the next 12 months is 9.16667. Based on these targets, EGY could surge 130.95% to reach the target high and rise by 84.76% to reach the target low. Reaching the average price target will result in a growth of 111.7% from current levels.

Analysts have provided yearly estimates in a range of $0.54182 being high and $0.46541 being low. For EGY, this leads to a yearly average estimate of $0.5. Based on analyst estimates, the high estimate for the next quarter is $0.07 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.07.