Vista Energy (NYSE:VIST) Reaches New 52-Week High – What’s Next?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $79.49 and last traded at $78.0430, with a volume of 5369 shares traded. The stock had previously closed at $78.51.

Wall Street Analysts Forecast Growth

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

Vista Energy Stock Down 5.0%

The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.76. The company has a market cap of $7.85 billion, a price-to-earnings ratio of 11.01, a P/E/G ratio of 0.34 and a beta of 0.63. The firm’s 50 day simple moving average is $69.47 and its 200-day simple moving average is $57.94.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The company had revenue of $865.01 million during the quarter, compared to analyst estimates of $708.61 million. As a group, sell-side analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.91 earnings per share for the current year.

Hedge Funds Weigh In On Vista Energy

Several large investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD boosted its stake in Vista Energy by 11.2% in the fourth 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. boosted its stake in Vista Energy by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after acquiring an additional 649,468 shares in the last quarter. Capital Research Global Investors boosted its stake in Vista Energy by 26.2% in the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after acquiring an additional 693,566 shares in the last quarter. Capital World Investors boosted its stake in Vista Energy by 1.2% in the third quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock valued at $102,485,000 after acquiring an additional 36,549 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new position in Vista Energy in the first quarter valued at $102,610,000. Institutional investors and hedge funds 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.