Vista Energy (NYSE:VIST) Given New $94.00 Price Target at JPMorgan Chase & Co.

Vista Energy (NYSE:VIST) had its target price boosted by equities research analysts at JPMorgan Chase & Co. from $93.00 to $94.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 25.87% from the stock’s current price.

Other analysts also recently issued research reports about the stock. UBS Group boosted their price objective on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. HSBC started coverage on shares of Vista Energy in a research note on Sunday, June 14th. They set a “buy” rating and a $95.00 price target on the stock. Zacks Research cut shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 17th. Five equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Vista Energy has an average rating of “Moderate Buy” and a consensus target price of $83.44.

Vista Energy Stock Up 4.5%

Shares of NYSE VIST traded up $3.22 during midday trading on Tuesday, hitting $74.68. 1,545,186 shares of the company’s stock were exchanged, compared to its average volume of 1,286,204. The firm’s fifty day simple moving average is $66.38 and its 200-day simple moving average is $67.33. The company has a market cap of $7.79 billion, a PE ratio of 9.85, a P/E/G ratio of 0.58 and a beta of 0.62. Vista Energy has a twelve month low of $31.63 and a twelve month high of $81.44. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68.

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

Institutional Trading of Vista Energy

A number of large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its stake in Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after purchasing an additional 656 shares during the period. Operose Advisors LLC purchased a new position in shares of Vista Energy during the second quarter worth about $32,000. EverSource Wealth Advisors LLC grew its holdings in shares of Vista Energy by 46.7% during the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after buying an additional 163 shares during the last quarter. Platinum Investment Management Ltd. acquired a new position in Vista Energy in the 4th quarter valued at about $67,000. Finally, Raymond James Financial Inc. acquired a new position in Vista Energy in the 2nd quarter valued at about $163,000. Institutional investors and hedge funds 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.