Vista Energy (NYSE:VIST) Stock Price Down 3.6% – What’s Next?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s share price fell 3.6% on Tuesday . The company traded as low as $67.52 and last traded at $68.1060. Approximately 287,202 shares were traded during trading, a decline of 78% from the average session volume of 1,291,303 shares. The stock had previously closed at $70.66.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on VIST shares. Zacks Research cut shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. JPMorgan Chase & Co. upped their price target 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. Weiss Ratings upgraded Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. UBS Group upped 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. Finally, HSBC started coverage on Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price target for the company. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vista Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.24.

Vista Energy Stock Performance

The stock has a market cap of $7.16 billion, a price-to-earnings ratio of 9.06, a price-to-earnings-growth ratio of 0.57 and a beta of 0.62. The stock’s 50-day moving average is $66.23 and its 200-day moving average is $67.02. 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 released its earnings results on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a return on equity of 20.26% and a net margin of 23.56%.The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

A number of large investors have recently modified their holdings of the company. Operose Advisors LLC purchased a new position in Vista Energy in the second quarter valued at approximately $32,000. EverSource Wealth Advisors LLC lifted its stake in shares of Vista Energy by 46.7% in the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after acquiring an additional 163 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake 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 valued at $25,000 after buying an additional 656 shares during the last quarter. Platinum Investment Management Ltd. bought a new position in Vista Energy during the 4th quarter valued at $67,000. Finally, DV Trading LLC bought a new position in shares of Vista Energy during the first quarter worth about $226,000. 63.81% of the stock is currently owned by hedge funds and other 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.