Vista Energy (NYSE:VIST) Stock Price Up 4.7% After Analyst Upgrade

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) rose 4.7% during trading on Monday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The stock traded as high as $78.45 and last traded at $77.6650. Approximately 408,624 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 1,589,536 shares. The stock had previously closed at $74.21.

A number of other equities analysts also recently commented on the stock. 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. UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and raised their price target for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. The Goldman Sachs Group set a $53.20 price target on Vista Energy in a report on Wednesday, December 17th. Finally, Bank of America assumed coverage on Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Vista Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.55.

Institutional Investors Weigh In On Vista Energy

Several large investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd increased its holdings in shares of Vista Energy by 1,009.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after acquiring an additional 656 shares during the period. Platinum Investment Management Ltd. purchased a new position in Vista Energy during the 4th quarter worth $67,000. Blue Trust Inc. grew its position in Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after purchasing an additional 1,878 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Vista Energy in the second quarter valued at $163,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of Vista Energy in the third quarter valued at about $202,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Stock Down 5.3%

The firm has a market capitalization of $7.46 billion, a PE ratio of 10.82, a PEG ratio of 1.02 and a beta of 0.84. The business’s fifty day moving average price is $60.80 and its 200 day moving average price is $50.21. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). The company had revenue of $719.06 million for the quarter, compared to analysts’ expectations of $679.81 million. Vista Energy had a return on equity of 15.65% and a net margin of 29.06%. On average, equities research analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current fiscal year.

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.