Vistra Energy (NYSE:VST) Given “Buy” Rating at Evercore ISI

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Evercore ISI reissued their buy rating on shares of Vistra Energy (NYSE:VST) in a research note released on Monday, AnalystRatings.com reports. They currently have a $32.00 target price on the stock.

Several other equities analysts have also recently issued reports on VST. Morgan Stanley set a $34.00 target price on Vistra Energy and gave the stock a buy rating in a research report on Friday, August 16th. ValuEngine cut Vistra Energy from a buy rating to a hold rating in a research report on Tuesday, August 6th. Zacks Investment Research cut Vistra Energy from a buy rating to a hold rating in a research report on Friday, November 8th. Credit Suisse Group boosted their target price on Vistra Energy from $30.00 to $31.00 and gave the stock an outperform rating in a research report on Wednesday, August 14th. Finally, SunTrust Banks boosted their target price on Vistra Energy from $30.00 to $31.00 and gave the stock a buy rating in a research report on Tuesday, September 17th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of $32.40.

NYSE VST traded up $0.34 on Monday, hitting $26.34. 10,233,026 shares of the company’s stock were exchanged, compared to its average volume of 4,192,017. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.05 and a quick ratio of 0.94. The firm’s 50-day moving average price is $26.81 and its two-hundred day moving average price is $24.73. Vistra Energy has a fifty-two week low of $20.83 and a fifty-two week high of $27.96. The firm has a market cap of $12.72 billion, a price-to-earnings ratio of -1,317.00, a P/E/G ratio of 0.65 and a beta of 0.57.

Vistra Energy (NYSE:VST) last released its earnings results on Tuesday, November 5th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by ($0.64). Vistra Energy had a return on equity of 5.01% and a net margin of 4.40%. The business had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. On average, research analysts predict that Vistra Energy will post 2.42 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date is Friday, December 13th. Vistra Energy’s dividend payout ratio is currently -2,500.00%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Great West Life Assurance Co. Can grew its holdings in shares of Vistra Energy by 0.3% in the 3rd quarter. Great West Life Assurance Co. Can now owns 168,547 shares of the company’s stock worth $4,506,000 after acquiring an additional 560 shares during the period. First Allied Advisory Services Inc. grew its holdings in shares of Vistra Energy by 5.8% in the 2nd quarter. First Allied Advisory Services Inc. now owns 10,440 shares of the company’s stock worth $236,000 after acquiring an additional 576 shares during the period. Comerica Bank grew its holdings in shares of Vistra Energy by 3.3% in the 3rd quarter. Comerica Bank now owns 18,923 shares of the company’s stock worth $511,000 after acquiring an additional 607 shares during the period. Aviva PLC grew its holdings in shares of Vistra Energy by 0.5% in the 2nd quarter. Aviva PLC now owns 150,325 shares of the company’s stock worth $3,403,000 after acquiring an additional 689 shares during the period. Finally, Profund Advisors LLC grew its holdings in shares of Vistra Energy by 3.1% in the 2nd quarter. Profund Advisors LLC now owns 27,624 shares of the company’s stock worth $625,000 after acquiring an additional 825 shares during the period.

About Vistra Energy

Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.

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Analyst Recommendations for Vistra Energy (NYSE:VST)

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