JPMorgan Chase & Co. Issues Positive Forecast for Vista Energy (NYSE:VIST) Stock Price

Vista Energy (NYSE:VIST) had its target price raised by equities research analysts at JPMorgan Chase & Co. from $56.00 to $68.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 42.27% from the stock’s previous close.

Several other research analysts have also recently issued reports on VIST. Zacks Research raised Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, October 27th. Wall Street Zen raised shares of Vista Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and an average target price of $64.10.

Vista Energy Stock Performance

NYSE VIST traded down $1.71 on Thursday, hitting $47.80. 969,452 shares of the stock traded hands, compared to its average volume of 1,134,302. Vista Energy has a 12 month low of $31.63 and a 12 month high of $61.67. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.61 and a current ratio of 0.62. The firm has a market capitalization of $4.98 billion, a price-to-earnings ratio of 7.02, a PEG ratio of 2.14 and a beta of 0.95. The business’s fifty day moving average is $39.40 and its two-hundred day moving average is $43.90.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.24 by $0.24. Vista Energy had a return on equity of 15.92% and a net margin of 32.66%.The firm had revenue of $706.14 million for the quarter, compared to analyst estimates of $636.68 million. As a group, equities analysts anticipate that Vista Energy will post 5.74 EPS for the current fiscal year.

Institutional Trading of Vista Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in VIST. Raymond James Financial Inc. acquired a new position in shares of Vista Energy during the second quarter worth about $163,000. Kapitalo Investimentos Ltda acquired a new stake in shares of Vista Energy during the third quarter worth approximately $202,000. Channing Global Advisors LLC raised its position in shares of Vista Energy by 47.6% during the 2nd quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock worth $217,000 after purchasing an additional 1,462 shares during the period. Amundi acquired a new position in shares of Vista Energy during the first quarter valued at $229,000. Finally, Leavell Investment Management Inc. acquired a new stake in shares of Vista Energy in the 2nd quarter worth approximately $253,000. 63.81% of the stock is owned by hedge funds and other 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.