Vista Energy (NYSE:VIST) Announces Earnings Results, Misses Estimates By $0.85 EPS

Vista Energy (NYSE:VIST) released its quarterly earnings data on Wednesday. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.85), Zacks reports. Vista Energy had a return on equity of 15.92% and a net margin of 32.66%.

Vista Energy Price Performance

Shares of NYSE VIST traded down $0.76 during trading on Wednesday, reaching $56.75. The company had a trading volume of 847,081 shares, compared to its average volume of 1,231,252. The company has a current ratio of 0.62, a quick ratio of 0.61 and a debt-to-equity ratio of 0.98. Vista Energy has a twelve month low of $31.63 and a twelve month high of $62.42. The stock has a 50-day moving average price of $51.83 and a two-hundred day moving average price of $45.62. The stock has a market capitalization of $5.92 billion, a PE ratio of 8.34, a price-to-earnings-growth ratio of 2.49 and a beta of 0.82.

Hedge Funds Weigh In On Vista Energy

Hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd increased its holdings 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 worth $25,000 after buying an additional 656 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vista Energy in the 2nd quarter valued at about $163,000. Federated Hermes Inc. purchased a new stake in shares of Vista Energy during the 4th quarter worth about $221,000. HighTower Advisors LLC purchased a new stake in shares of Vista Energy during the 4th quarter worth about $223,000. Finally, Corient Private Wealth LLC acquired a new stake in Vista Energy during the 4th quarter worth approximately $240,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Analyst Ratings Changes

VIST has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $50.00 to $65.00 in a report on Sunday, January 11th. The Goldman Sachs Group set a $53.20 price objective on Vista Energy in a report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research report on Monday, December 29th. Finally, Zacks Research lowered Vista Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 24th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $68.55.

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.