Vista Energy (NYSE:VIST) Trading 5.1% Higher – What’s Next?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) rose 5.1% on Thursday . The stock traded as high as $77.74 and last traded at $78.3370. 558,603 shares traded hands during trading, a decline of 57% from the average daily volume of 1,284,786 shares. The stock had previously closed at $74.57.

Analysts Set New Price Targets

Several research firms have commented on VIST. Weiss Ratings cut Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, September 1st. JPMorgan Chase & Co. increased their price objective on shares of Vista Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. HSBC began coverage on shares of Vista Energy in a research report on Sunday, June 14th. They issued a “buy” rating and a $95.00 target price on the stock. Finally, Zacks Research lowered shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $83.44.

Vista Energy Price Performance

The company has a 50 day simple moving average of $67.85 and a 200 day simple moving average of $68.31. The company has a market capitalization of $8.24 billion, a price-to-earnings ratio of 10.41, a price-to-earnings-growth ratio of 0.68 and a beta of 0.63. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Friday, July 17th. The company reported $2.38 earnings per share 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 firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. As a group, research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 8.88 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Absolute Gestao de Investimentos Ltda. acquired a new stake in shares of Vista Energy in the second quarter worth $2,233,000. Public Employees Retirement System of Ohio acquired a new position in shares of Vista Energy during the 2nd quarter valued at $2,120,000. Janus Henderson Group PLC purchased a new stake in Vista Energy during the 1st quarter worth $5,136,000. Bank of America Corp DE increased its holdings in Vista Energy by 824.7% in the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock valued at $70,066,000 after purchasing an additional 827,997 shares in the last quarter. Finally, Hsbc Holdings PLC increased its holdings in Vista Energy by 1,885.1% in the 1st quarter. Hsbc Holdings PLC now owns 259,794 shares of the company’s stock valued at $19,623,000 after purchasing an additional 246,707 shares in the last quarter. 63.81% of the stock is owned by institutional investors and hedge funds.

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.