Fintel reports that on December 18, 2024, Alliance Global Partners upgraded their outlook for Vitesse Energy (NYSE:VTS) from Neutral to Buy.
Analyst Price Forecast Suggests 15.58% Upside
As of December 4, 2024, the average one-year price target for Vitesse Energy is $28.30/share. The forecasts range from a low of $24.24 to a high of $34.65. The average price target represents an increase of 15.58% from its latest reported closing price of $24.49 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Vitesse Energy is 266MM, an increase of 14.54%. The projected annual non-GAAP EPS is 2.42.
What is the Fund Sentiment?
There are 419 funds or institutions reporting positions in Vitesse Energy. This is an decrease of 8 owner(s) or 1.87% in the last quarter. Average portfolio weight of all funds dedicated to VTS is 0.08%, an increase of 13.06%. Total shares owned by institutions increased in the last three months by 6.15% to 18,849K shares. 
The put/call ratio of VTS is 1.51, indicating a bearish outlook.
What are Other Shareholders Doing?
Punch & Associates Investment Management holds 951K shares representing 3.22% ownership of the company. In its prior filing, the firm reported owning 883K shares , representing an increase of 7.11%. The firm increased its portfolio allocation in VTS by 2.89% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 732K shares representing 2.48% ownership of the company. No change in the last quarter.
IWM - iShares Russell 2000 ETF holds 618K shares representing 2.09% ownership of the company. In its prior filing, the firm reported owning 582K shares , representing an increase of 5.71%. The firm decreased its portfolio allocation in VTS by 7.27% over the last quarter.
Geode Capital Management holds 582K shares representing 1.97% ownership of the company. In its prior filing, the firm reported owning 573K shares , representing an increase of 1.67%. The firm decreased its portfolio allocation in VTS by 50.19% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 555K shares representing 1.88% ownership of the company. In its prior filing, the firm reported owning 556K shares , representing a decrease of 0.18%. The firm decreased its portfolio allocation in VTS by 7.69% over the last quarter.
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