Vista Energy (NYSE:VIST) Rating Lowered to Strong Sell at Zacks Research

Vista Energy (NYSE:VIST) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

VIST has been the topic of a number of other reports. UBS Group upped their price target on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. HSBC assumed coverage on shares of Vista Energy in a report on Sunday, June 14th. They set a “buy” rating and a $95.00 price target on the stock. 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 research report on Tuesday, May 12th. Finally, Weiss Ratings downgraded shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vista Energy has a consensus rating of “Moderate Buy” and an average price target of $83.24.

Vista Energy Trading Down 3.2%

Shares of NYSE VIST opened at $64.01 on Tuesday. The firm’s 50 day moving average price is $67.67 and its 200-day moving average price is $65.60. Vista Energy has a 52-week low of $31.63 and a 52-week high of $81.44. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. The company has a market cap of $6.67 billion, a PE ratio of 8.44, a P/E/G ratio of 0.55 and a beta of 0.62.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Friday, July 17th. The company reported $2.38 earnings per share (EPS) 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 business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. On average, equities research analysts expect that Vista Energy will post 9.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VIST. Royal Bank of Canada lifted its position in Vista Energy by 82.0% during the first quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock valued at $439,000 after purchasing an additional 4,246 shares during the last quarter. Amundi bought a new stake in Vista Energy in the first quarter worth $229,000. Goldman Sachs Group Inc. lifted its position in Vista Energy by 57.7% in the first quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company’s stock worth $8,554,000 after buying an additional 67,189 shares during the last quarter. Geode Capital Management LLC boosted its stake in Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock worth $797,000 after buying an additional 1,731 shares during the period. Finally, Cetera Investment Advisers purchased a new position in Vista Energy during the second quarter worth $506,000. 63.81% of the stock is owned by institutional investors.

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.