Bank of America Increases Vista Energy (NYSE:VIST) Price Target to $90.00

Vista Energy (NYSE:VIST) had its price objective hoisted by investment analysts at Bank of America from $63.00 to $90.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price objective points to a potential upside of 86.36% from the company’s current price.

A number of other research firms have also recently issued reports on VIST. Wall Street Zen raised Vista Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, October 27th. JPMorgan Chase & Co. raised their target price on shares of Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vista Energy in a research note on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and a consensus price target of $69.28.

Vista Energy Trading Down 1.5%

NYSE VIST traded down $0.74 during trading on Tuesday, reaching $48.29. 120,302 shares of the stock traded hands, compared to its average volume of 1,129,624. Vista Energy has a fifty-two week low of $31.63 and a fifty-two week high of $61.67. The company has a quick ratio of 0.61, a current ratio of 0.62 and a debt-to-equity ratio of 0.98. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 7.10, a price-to-earnings-growth ratio of 2.05 and a beta of 0.95. The stock’s 50-day moving average price is $40.07 and its 200 day moving average price is $43.94.

Vista Energy (NYSE:VIST) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.24. Vista Energy had a net margin of 32.66% and a return on equity of 15.92%. The company had revenue of $706.14 million for the quarter, compared to analysts’ expectations of $636.68 million. Analysts predict that Vista Energy will post 5.74 EPS for the current year.

Institutional Investors Weigh In On Vista Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in VIST. Deutsche Bank AG boosted its stake in shares of Vista Energy by 9.6% during the 1st quarter. Deutsche Bank AG now owns 6,716 shares of the company’s stock worth $313,000 after buying an additional 590 shares during the last quarter. Channing Global Advisors LLC raised its holdings in Vista Energy by 47.6% during the second quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock worth $217,000 after acquiring an additional 1,462 shares in the last quarter. Geode Capital Management LLC boosted its position in Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock valued at $797,000 after purchasing an additional 1,731 shares during the last quarter. Victory Capital Management Inc. boosted its position in Vista Energy by 1.0% during the third quarter. Victory Capital Management Inc. now owns 252,787 shares of the company’s stock valued at $8,696,000 after purchasing an additional 2,607 shares during the last quarter. Finally, Leavell Investment Management Inc. grew its stake in Vista Energy by 63.8% in the third quarter. Leavell Investment Management Inc. now owns 8,680 shares of the company’s stock valued at $299,000 after purchasing an additional 3,380 shares in the last quarter. 63.81% of the stock is owned by institutional investors.

Vista Energy Company Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.