Valero Energy CorporationAnalyst estimates raised and Zacks Rank #1 Strong Buy, indicating positive earnings outlook.

Valero Energy closed at $370.69, up 1.26%, beating the S&P 500's 1.06% gain. The stock has risen 21.07% over the past month, outpacing the Oils-Energy sector's 4.7% and the S&P 500's 2.46%. For the upcoming earnings report, analysts project EPS of $15, a 309.84% increase year-over-year, and revenue of $36.53 billion, up 13.55%. Full-year estimates call for earnings of $40.7 per share and revenue of $146.63 billion, representing increases of 283.6% and 19.52%, respectively. The Zacks Consensus EPS estimate has risen 3.85% over the past month, and Valero holds a Zacks Rank of #1 (Strong Buy). The stock trades at a forward P/E of 8.99, in line with its industry, and a PEG ratio of 0.42, compared to the industry's 0.34.
Valero Energy CorporationAnalyst estimates raised and Zacks Rank #1 Strong Buy, indicating positive earnings outlook.