Vista Energy (NYSE:VIST) Sets New 52-Week High – Still a Buy?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.49 and last traded at $78.0430, with a volume of 5369 shares traded. The stock had previously closed at $78.51.

Analysts Set New Price Targets

Several research analysts have issued reports on VIST shares. UBS Group lifted their target price on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Bank of America began coverage on shares of Vista Energy in a research note on Wednesday, February 4th. They set a “buy” rating and a $88.00 target price on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $80.30.

Vista Energy Trading Down 0.1%

The company’s 50 day moving average price is $68.84 and its two-hundred day moving average price is $57.53. The firm has a market cap of $8.17 billion, a PE ratio of 11.46, a P/E/G ratio of 0.21 and a beta of 0.63. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 1.01.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.53). Vista Energy had a return on equity of 14.80% and a net margin of 25.65%.The business had revenue of $865.01 million during the quarter, compared to analysts’ expectations of $708.61 million. As a group, sell-side analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.68 EPS for the current year.

Institutional Trading of Vista Energy

Hedge funds have recently added to or reduced their stakes in the business. Ping Capital Management Inc. lifted its position in shares of Vista Energy by 266.6% in the 3rd quarter. Ping Capital Management Inc. now owns 123,900 shares of the company’s stock worth $4,262,000 after purchasing an additional 90,100 shares during the period. Schwartz Investment Counsel Inc. acquired a new position in Vista Energy during the 3rd quarter valued at about $1,032,000. Capital World Investors boosted its stake in Vista Energy by 1.2% in the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock worth $102,485,000 after purchasing an additional 36,549 shares in the last quarter. Banco Santander S.A. lifted its stake in shares of Vista Energy by 285.6% during the third quarter. Banco Santander S.A. now owns 30,086 shares of the company’s stock worth $1,035,000 after buying an additional 22,284 shares during the period. Finally, Mirabella Financial Services LLP acquired a new stake in Vista Energy during the 3rd quarter worth about $2,046,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

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.