Vista Energy (NYSE:VIST) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research lowered shares of Vista Energy (NYSE:VIST) from a hold rating to a strong sell rating in a research report report published on Tuesday,Zacks.com reports.

VIST has been the topic of a number of other reports. HSBC assumed coverage on Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 price objective on the stock. UBS Group lifted their target price on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings downgraded Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Finally, JPMorgan Chase & Co. increased their price target on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. 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 data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.24.

Vista Energy Trading Down 3.2%

Shares of VIST opened at $64.01 on Tuesday. The stock has a market capitalization of $6.67 billion, a PE ratio of 8.44, a P/E/G ratio of 0.55 and a beta of 0.62. The company’s fifty day moving average is $67.67 and its 200 day moving average is $65.60. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. Vista Energy has a fifty-two week low of $31.63 and a fifty-two week high of $81.44.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Friday, July 17th. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Sell-side analysts expect that Vista Energy will post 9.54 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vista Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its position in shares of Vista Energy by 1,009.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after acquiring an additional 656 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Vista Energy by 46.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after purchasing an additional 163 shares during the period. Platinum Investment Management Ltd. bought a new stake in Vista Energy during the 4th quarter valued at $67,000. Raymond James Financial Inc. bought a new stake in Vista Energy during the 2nd quarter valued at $163,000. Finally, Federated Hermes Inc. bought a new stake in Vista Energy during the 4th quarter valued at $221,000. Institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.