Vista Energy (NYSE:VIST) Shares Gap Down – Should You Sell?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $69.50, but opened at $66.89. Vista Energy shares last traded at $68.42, with a volume of 67,933 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. HSBC initiated coverage on shares of Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price target on the stock. Zacks Research downgraded shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. increased their target price on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Finally, UBS Group boosted 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. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $83.24.

Vista Energy Price Performance

The stock has a market cap of $7.11 billion, a P/E ratio of 8.96, a price-to-earnings-growth ratio of 0.58 and a beta of 0.63. 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 firm has a 50-day moving average price of $69.13 and a 200-day moving average price of $64.49.

Vista Energy (NYSE:VIST) last released its quarterly 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). The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. On average, analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 earnings per share for the current fiscal year.

Institutional Trading of Vista Energy

Hedge funds have recently modified their holdings of the business. Confluence Investment Management LLC grew its position in shares of Vista Energy by 1.7% in the 2nd quarter. Confluence Investment Management LLC now owns 27,270 shares of the company’s stock worth $1,740,000 after buying an additional 443 shares during the period. Wealth High Governance Capital Ltda purchased a new position in Vista Energy during the 1st quarter valued at about $7,941,000. Wealth High Governance Asset Management Ltda. purchased a new position in Vista Energy during the 1st quarter valued at about $6,759,000. DV Trading LLC bought a new stake in Vista Energy during the first quarter worth about $226,000. Finally, Bank of America Corp DE boosted its stake in Vista Energy by 824.7% during the first quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock worth $70,066,000 after acquiring an additional 827,997 shares in the last quarter. Institutional investors own 63.81% of the company’s stock.

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.