Vista Energy, S.A.B. de C.V. (NYSE:VIST) Receives Average Recommendation of “Buy” from Brokerages

Vista Energy, S.A.B. de C.V. (NYSE:VIST) has been given an average rating of “Buy” by the six research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $64.73.

Several analysts recently commented on the company. Citigroup upgraded Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Thursday, February 13th. The Goldman Sachs Group started coverage on shares of Vista Energy in a research report on Friday, February 21st. They issued a “buy” rating and a $65.40 price objective for the company. JPMorgan Chase & Co. raised their price objective on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. Finally, UBS Group reiterated a “neutral” rating and set a $64.00 price target (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in Vista Energy by 795.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock worth $123,604,000 after purchasing an additional 2,029,081 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Vista Energy during the fourth quarter valued at approximately $42,575,000. Cooper Creek Partners Management LLC bought a new stake in Vista Energy in the fourth quarter worth $39,392,000. Ninety One UK Ltd purchased a new stake in shares of Vista Energy in the fourth quarter worth $38,149,000. Finally, NS Partners Ltd purchased a new stake in shares of Vista Energy in the third quarter worth $26,777,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

Vista Energy Price Performance

Shares of Vista Energy stock opened at $48.82 on Friday. The firm’s 50-day moving average price is $54.40 and its two-hundred day moving average price is $51.68. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 9.46, a P/E/G ratio of 0.83 and a beta of 1.70. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. Vista Energy has a 1-year low of $35.34 and a 1-year high of $61.67.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.67). Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. The firm had revenue of $471.32 million for the quarter, compared to analyst estimates of $464.55 million. On average, equities analysts predict that Vista Energy will post 5.74 earnings per share for the current fiscal year.

About Vista Energy

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.