Vista Energy (NYSE:VIST) Stock Price Down 5.8% – Here’s Why

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s stock price fell 5.8% during trading on Monday . The stock traded as low as $68.02 and last traded at $67.89. 2,508,985 shares changed hands during trading, an increase of 59% from the average session volume of 1,582,661 shares. The stock had previously closed at $72.06.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VIST shares. Weiss Ratings upgraded Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a report on Wednesday, December 17th. Zacks Research downgraded shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 26th. 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 research report on Sunday, January 11th. Finally, Bank of America initiated coverage on shares of Vista Energy in a report on Wednesday, February 4th. They set a “buy” rating and a $88.00 target price on the stock. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Vista Energy currently has an average rating of “Moderate Buy” and a consensus price target of $68.55.

Vista Energy Trading Down 5.6%

The firm has a fifty day moving average of $57.47 and a 200 day moving average of $48.44. The firm has a market capitalization of $7.09 billion, a PE ratio of 10.18, a P/E/G ratio of 0.96 and a beta of 0.84. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.86 and a current ratio of 0.86.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). Vista Energy had a return on equity of 15.65% and a net margin of 29.06%.The company had revenue of $719.06 million during the quarter, compared to analysts’ expectations of $679.81 million. Equities research analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its holdings in shares of Vista Energy by 1,009.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after acquiring an additional 656 shares during the last quarter. Platinum Investment Management Ltd. acquired a new position in Vista Energy in the fourth quarter worth $67,000. Blue Trust Inc. boosted its holdings in Vista Energy by 154.8% in the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after purchasing an additional 1,878 shares during the period. Raymond James Financial Inc. bought a new stake in Vista Energy during the second quarter valued at $163,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of Vista Energy during the third quarter worth $202,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

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.