How to Buy Valero Energy Stock
Valero Energy Corp
Valero Energy is a oil & gas refining & marketing company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker VLO on the NYSE exchange.
Valero Energy stock last closed at $145.27, down 0.7% from the previous day, and has increased 35.02% in one year. It has overperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.14 percentage points. Valero Energy stock is currently +48.64% from its 52-week low of $97.73, and -9.3% from its 52-week high of $160.16.
At the moment, there are 353.13M shares of VLO outstanding. The market capitalization of VLO is $51.30B. In the last 24 hours, 4.11M VLO shares were traded.
How to Buy Valero Energy Stock
Wondering how to invest in Valero Energy stock? Here's how.
- Decide where to buy Valero Energy stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Valero Energy stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Evaluate Valero Energy stock: The Valero Energy ticker symbol is VLO. Is Valero Energy stock a good investment? Should you buy shares of VLO? How do VLO's underlying business fundamentals look? Do top analysts think Valero Energy is a good buy? Why has VLO's stock price moved recently? (Hint: Our stock research tools can help you evaluate if VLO is a good stock to buy).
- Make your VLO trade: Decide if you will purchase VLO shares at the current market price or use a limit order to buy VLO shares at a particular price.
- Track your VLO position: Create a watchlist to monitor your new investment in Valero Energy shares.
Step 1: Decide where to buy Valero Energy stock
You need a brokerage account to access the NYSE market and buy VLO shares.
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy VLO stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal details to start a new brokerage account.
- Submit your data by clicking the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on app for stock, you need to deposit funds:
Check out the walkthrough below to see the process of depositing funds into your investment account.
Step 4: Evaluate Valero Energy stock
Once you have chosen the best place to buy Valero Energy stock, it's very important to research their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Overview of key VLO info
Fundamentals of VLO
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on VLO's stock page.
Is VLO stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge VLO's true value.
Using relative valuations ratios:
- VLO could be overvalued based on its P/E ratio of 5.01x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 4.97x
- VLO could be overvalued based on its P/B ratio of 1.98x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 1.97x
You can do additional valuation research on VLO's stock here.
Is VLO a healthy company?
Positive Financial Indicators:
- Total VLO debt is lower than 5 years ago, relative to shareholder equity.
- VLO earnings of $14.82B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the VLO balance sheet.
- VLO profit margin has gone up from 4.5% to 7% in the past year.
- There are more short-term assets than long-term liabilities on the VLO balance sheet.
- VLO's operating cash flow of $10.82B allows it to safely service it's debt of $11.32B.
Negative Financial Indicators:
- VLO has a relatively high debt to equity ratio of 1.26.
Is VLO stock a Buy, Hold, or Sell, according to analysts?
Out of 11 Equities analysts who give forecasts on VLO, the consensus analyst rating on Valero Energy is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest VLO Analyst Ratings
Justin Jenkins, a top 1% analyst from Raymond James maintains VLO with a strong buy rating and raises their VLO price target from $150.00 to $164.00, on Sep 20, 2023.
Doug Leggate, a top 6% analyst from Bank of America maintains VLO with a hold rating and raises their VLO price target from $152.00 to $161.00, on Sep 18, 2023.
Nitin Kumar, a top 1% analyst from Mizuho maintains VLO with a strong buy rating and raises their VLO price target from $162.00 to $174.00, on Sep 18, 2023.
Roger Read, a top 1% analyst from Wells Fargo maintains VLO with a hold rating and raises their VLO price target from $135.00 to $144.00, on Sep 8, 2023.
Neil Mehta, a top 4% analyst from Goldman Sachs maintains VLO with a strong sell rating and raises their VLO price target from $113.00 to $128.00, on Sep 5, 2023.
You can dive deeper into what analysts are forecasting on the Valero Energy stock forecast page.
VLO Technical Indicators
Is VLO Growing Revenue?
Last year, VLO earnings were $10.94B. During the last five year, VLO's earnings have increased by 22.95% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 19.35%.
Last year, VLO revenue was $157.15B. Over the past 5 year, VLO's revenue has grown by 7.91% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 10.44%.
You can analyze VLO's earnings and revenue performance here.
What are VLO insiders up to?
Over the last 12 months, insiders at VLO have sold more shares than they have bought.
Joseph W. Gorder, Director of VLO, was the latest VLO insider to buy. They bought $2,127,632.65 worth of VLO stock on Aug 14, 2023.
Research more about who owns VLO stock here.
Does VLO stock generate passive income?
Valero Energy pays a dividend of 2.78%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 6.45%. If you owned $1,000 worth of VLO stock, you would have received $27.81 in the past 12 months.
Valero Energy dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Valero Energy dividend yield and history here.
What do other investors have to say about VLO?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your VLO trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Track your VLO position
Now that you own some VLO stock, you'll want to stay up-to-date on your new stock purchase.
Put VLO on a watchlist to get notified of important updates regarding your VLO stock.
VLO Feed
How to Buy Stock in Valero Energy
To summarize, here are the 6 steps to buy stock in Valero Energy:
- Decide where to buy Valero Energy stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Valero Energy stock
- Make your VLO trade
- Track your VLO position
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Valero Energy, click the button below.
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