Vista Energy (NYSE:VIST) Hits New 1-Year High – Still a Buy?

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) hit a new 52-week high during trading on Thursday . The company traded as high as $70.17 and last traded at $69.4840, with a volume of 1795604 shares. The stock had previously closed at $69.11.

Analyst Ratings Changes

VIST has been the topic of a number of research analyst reports. Bank of America started coverage on shares of Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective on the stock. Zacks Research lowered shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 26th. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a research report on Wednesday, December 17th. UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and boosted their price target for the company from $50.00 to $65.00 in a research report on Sunday, January 11th. Finally, Weiss Ratings raised shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $68.55.

Vista Energy Stock Down 1.3%

The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12. The company’s fifty day moving average price is $57.47 and its 200-day moving average price is $48.31. The stock has a market capitalization of $7.50 billion, a PE ratio of 10.77, a price-to-earnings-growth ratio of 0.97 and a beta of 0.84.

Vista Energy (NYSE:VIST) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). The company had revenue of $719.06 million for the quarter, compared to the consensus estimate of $679.81 million. Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. Analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its position in Vista Energy by 11.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock valued at $194,145,000 after acquiring an additional 402,585 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vista Energy by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after purchasing an additional 649,468 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Vista Energy by 26.2% in the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock worth $162,321,000 after purchasing an additional 693,566 shares during the period. Capital World Investors lifted its stake in shares of Vista Energy by 1.2% in the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock worth $102,485,000 after purchasing an additional 36,549 shares during the period. Finally, Ninety One UK Ltd boosted its holdings in shares of Vista Energy by 4.2% in the fourth quarter. Ninety One UK Ltd now owns 1,237,870 shares of the company’s stock worth $60,235,000 after buying an additional 50,178 shares during the last quarter. Institutional investors own 63.81% of the company’s stock.

About Vista Energy

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.