Vista Energy (NYSE:VIST) Shares Up 7.5% – Here’s What Happened

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) shares were up 7.5% during trading on Monday . The stock traded as high as $77.95 and last traded at $77.73. Approximately 1,397,358 shares changed hands during trading, a decline of 10% from the average daily volume of 1,557,553 shares. The stock had previously closed at $72.29.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VIST shares. Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Bank of America started coverage on Vista Energy in a research note on Wednesday, February 4th. They issued a “buy” rating and a $88.00 target price for the company. UBS Group raised their target price on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings upgraded Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Finally, JPMorgan Chase & Co. raised their target price on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and a consensus price target of $80.30.

Vista Energy Price Performance

The stock has a 50 day simple moving average of $68.49 and a two-hundred day simple moving average of $57.31. The firm has a market cap of $8.17 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 0.21 and a beta of 0.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.77.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). The company had revenue of $865.01 million for the quarter, compared to analysts’ expectations of $708.61 million. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. Sell-side analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.68 earnings per share for the current year.

Hedge Funds Weigh In On Vista Energy

A number of institutional investors have recently modified their holdings of VIST. Caitong International Asset Management Co. Ltd raised its stake in shares of Vista Energy by 1,009.2% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after buying an additional 656 shares during the last quarter. Platinum Investment Management Ltd. purchased a new position in shares of Vista Energy during the 4th quarter valued at about $67,000. Blue Trust Inc. raised its stake in shares of Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after buying an additional 1,878 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vista Energy during the 2nd quarter valued at about $163,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of Vista Energy during the 3rd quarter valued at about $202,000. Hedge funds and other 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.