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

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

Several other brokerages have also weighed in on VIST. JPMorgan Chase & Co. increased their target price on Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $50.00 to $65.00 in a report on Sunday, January 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Vista Energy in a research note on Monday, December 29th. The Goldman Sachs Group set a $53.20 target price on shares of Vista Energy in a research report on Wednesday, December 17th. Finally, Bank of America assumed coverage on Vista Energy in a report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.55.

Vista Energy Stock Performance

NYSE VIST traded up $1.35 during trading hours on Thursday, reaching $57.68. The company’s stock had a trading volume of 1,351,402 shares, compared to its average volume of 1,322,846. The company has a current ratio of 0.62, a quick ratio of 0.61 and a debt-to-equity ratio of 0.98. The business has a 50-day simple moving average of $52.48 and a 200 day simple moving average of $45.87. Vista Energy has a 52 week low of $31.63 and a 52 week high of $62.42. The stock has a market cap of $6.01 billion, a PE ratio of 8.63, a PEG ratio of 2.76 and a beta of 0.82.

Vista Energy (NYSE:VIST) last posted its earnings results on Wednesday, February 25th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.63). The company had revenue of $719.06 million for the quarter, compared to the consensus estimate of $679.81 million. Vista Energy had a net margin of 29.06% and a return on equity of 16.51%. Equities research analysts predict that Vista Energy will post 5.74 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VIST. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vista Energy during the third quarter valued at approximately $28,499,000. Capital Research Global Investors boosted its stake in Vista Energy by 26.2% during the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after purchasing an additional 693,566 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vista Energy by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after purchasing an additional 649,468 shares during the period. Itau Unibanco Holding S.A. raised its stake in shares of Vista Energy by 356.1% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 550,435 shares of the company’s stock worth $26,316,000 after buying an additional 429,740 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Vista Energy by 11.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock worth $194,145,000 after buying an additional 402,585 shares in the last quarter. 63.81% of the stock is currently owned by 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.