$1.26 EPS Expected for Valero Energy (VLO); ON Semiconductor (ON) Shorts Lowered By 7.14%

January 14, 2018 - By Vivian Currie

Analysts expect Valero Energy Corporation (NYSE:VLO) to report $1.26 EPS on January, 30.They anticipate $0.45 EPS change or 55.56% from last quarter’s $0.81 EPS. VLO’s profit would be $551.35M giving it 19.20 P/E if the $1.26 EPS is correct. After having $1.91 EPS previously, Valero Energy Corporation’s analysts see -34.03% EPS growth. The stock increased 2.33% or $2.2 during the last trading session, reaching $96.75. About 2.87M shares traded. Valero Energy Corporation (NYSE:VLO) has risen 15.29% since January 14, 2017 and is uptrending. It has underperformed by 1.41% the S&P500.

ON Semiconductor Corporation (NASDAQ:ON) had a decrease of 7.14% in short interest. ON’s SI was 18.97M shares in January as released by FINRA. Its down 7.14% from 20.43M shares previously. With 5.25 million avg volume, 4 days are for ON Semiconductor Corporation (NASDAQ:ON)’s short sellers to cover ON’s short positions. The SI to ON Semiconductor Corporation’s float is 4.58%. The stock increased 2.12% or $0.49 during the last trading session, reaching $23.57. About 5.91 million shares traded or 0.79% up from the average. ON Semiconductor Corporation (NASDAQ:ON) has risen 70.76% since January 14, 2017 and is uptrending. It has outperformed by 54.06% the S&P500.

Valero Energy Corporation operates as an independent petroleum refining and ethanol producing firm in the United States, Canada, the United Kingdom, and Ireland. The company has market cap of $42.34 billion. It operates through two divisions, Refining and Ethanol. It has a 21.04 P/E ratio. The firm is involved in refining, marketing, and bulk sales activities.

Among 22 analysts covering Valero Energy Corporation (NYSE:VLO), 10 have Buy rating, 0 Sell and 12 Hold. Therefore 45% are positive. Valero Energy Corporation had 64 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, May 30 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm earned “Buy” rating on Wednesday, October 18 by RBC Capital Markets. As per Wednesday, January 10, the company rating was maintained by Scotia Capital. The firm has “Buy” rating given on Thursday, July 27 by Jefferies. Credit Suisse downgraded it to “Neutral” rating and $68 target in Monday, April 11 report. Piper Jaffray maintained the stock with “Neutral” rating in Friday, May 26 report. Vetr downgraded the shares of VLO in report on Tuesday, August 11 to “Strong-Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, July 31. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, January 26 report. Cowen & Co maintained Valero Energy Corporation (NYSE:VLO) on Thursday, September 28 with “Outperform” rating.

Since September 6, 2017, it had 0 insider buys, and 5 selling transactions for $27.57 million activity. Shares for $23.46M were sold by CISKOWSKI MICHAEL S on Wednesday, January 3. Another trade for 1,500 shares valued at $102,000 was made by Waters Stephen M on Wednesday, September 6.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.19, from 1.19 in 2017Q2. It is negative, as 46 investors sold Valero Energy Corporation shares while 310 reduced holdings. 97 funds opened positions while 258 raised stakes. 342.98 million shares or 0.60% less from 345.06 million shares in 2017Q2 were reported. Checchi Cap Advisers Ltd stated it has 0.03% of its portfolio in Valero Energy Corporation (NYSE:VLO). Guggenheim Cap Ltd invested 0.2% of its portfolio in Valero Energy Corporation (NYSE:VLO). Dubuque Financial Bank Trust Com has 0.01% invested in Valero Energy Corporation (NYSE:VLO). 71,075 are owned by Chicago Equity Prtnrs Limited Liability. Perkins Coie Trust Com has 0.46% invested in Valero Energy Corporation (NYSE:VLO). Brown Advisory Incorporated invested in 0% or 11,562 shares. Regions Financial Corp holds 0.03% or 36,189 shares in its portfolio. Menora Mivtachim invested 0.01% in Valero Energy Corporation (NYSE:VLO). Great West Life Assurance Company Can holds 0.32% or 1.66M shares. Fifth Third Financial Bank accumulated 210,709 shares. Hillsdale Investment Management, Ontario – Canada-based fund reported 120 shares. Mitsubishi Ufj Bk has 1.05 million shares for 0.15% of their portfolio. Voya Inv Mngmt Ltd invested in 555,272 shares or 0.09% of the stock. Kings Point Mngmt invested in 0% or 174 shares. Moreover, Systematic Financial L P has 0.05% invested in Valero Energy Corporation (NYSE:VLO) for 33,072 shares.

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. The company has market cap of $10.00 billion. It operates through three divisions: Power Solutions Group, Analog Solutions Group, and Analog Solutions Group. It has a 25.7 P/E ratio. The Power Solutions Group segment offers discrete, module, and integrated semiconductor products for various applications, such as power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference.

Among 25 analysts covering ON Semiconductor Corp. (NASDAQ:ON), 15 have Buy rating, 1 Sell and 9 Hold. Therefore 60% are positive. ON Semiconductor Corp. had 55 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of ON Semiconductor Corporation (NASDAQ:ON) has “Buy” rating given on Tuesday, November 7 by B. Riley & Co. The company was upgraded on Friday, October 30 by Wedbush. The company was maintained on Tuesday, August 8 by Morgan Stanley. On Wednesday, August 24 the stock rating was upgraded by Longbow to “Buy”. The stock has “Underperform” rating by Credit Suisse on Tuesday, August 8. As per Monday, November 6, the company rating was maintained by Mizuho. On Monday, September 11 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. Jefferies maintained the shares of ON in report on Wednesday, August 5 with “Hold” rating. The company was initiated on Thursday, June 2 by Stephens. The firm has “Buy” rating by Deutsche Bank given on Tuesday, September 20.