Vista Energy (NYSE:VIST) Upgraded at UBS Group

Vista Energy (NYSE:VIST) was upgraded by research analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The firm presently has a $60.00 price objective on the stock, up from their prior price objective of $55.00. UBS Group’s price objective points to a potential upside of 30.52% from the stock’s current price.

A number of other equities analysts have also recently issued reports on VIST. JPMorgan Chase & Co. started coverage on shares of Vista Energy in a research report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective on the stock. Bank of America cut their price objective on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, September 18th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Vista Energy has a consensus rating of “Moderate Buy” and an average target price of $59.80.

Vista Energy Stock Performance

Shares of VIST opened at $45.97 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $4.42 billion, a P/E ratio of 10.64, a price-to-earnings-growth ratio of 0.42 and a beta of 1.81. The firm’s fifty day simple moving average is $47.25 and its two-hundred day simple moving average is $45.27. Vista Energy has a 12 month low of $25.00 and a 12 month high of $52.47.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Thursday, July 11th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.66). The firm had revenue of $396.72 million for the quarter, compared to the consensus estimate of $397.46 million. Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. As a group, analysts predict that Vista Energy will post 5.87 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

Several large investors have recently added to or reduced their stakes in VIST. Capital World Investors bought a new position in Vista Energy in the 1st quarter valued at about $43,318,000. Capital Research Global Investors lifted its position in Vista Energy by 186.9% in the 4th quarter. Capital Research Global Investors now owns 1,231,407 shares of the company’s stock valued at $36,339,000 after acquiring an additional 802,252 shares in the last quarter. Maple Rock Capital Partners Inc. bought a new position in Vista Energy in the 1st quarter valued at about $21,145,000. Encompass Capital Advisors LLC lifted its position in Vista Energy by 41.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after acquiring an additional 302,138 shares in the last quarter. Finally, Gemsstock Ltd. bought a new position in Vista Energy in the 2nd quarter valued at about $13,307,000. Institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.