Vista Energy (NYSE:VIST) Upgraded to “Strong-Buy” at Zacks Research

Vista Energy (NYSE:VIST) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

VIST has been the topic of several other research reports. Wall Street Zen raised Vista Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Vista Energy in a research note on Monday. Bank of America upped their price objective on Vista Energy from $63.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Finally, JPMorgan Chase & Co. lifted their target price on Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Vista Energy currently has an average rating of “Buy” and a consensus target price of $69.28.

Vista Energy Price Performance

NYSE:VIST opened at $48.46 on Tuesday. The company has a market cap of $5.05 billion, a P/E ratio of 7.13, a P/E/G ratio of 1.49 and a beta of 0.95. The firm’s fifty day moving average price is $41.82 and its two-hundred day moving average price is $44.15. Vista Energy has a one year low of $31.63 and a one year high of $61.67. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.62 and a quick ratio of 0.61.

Vista Energy (NYSE:VIST) last posted its earnings results on Wednesday, October 22nd. The company reported $1.48 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $636.68 million. Equities analysts expect that Vista Energy will post 5.74 earnings per share for the current year.

Institutional Investors Weigh In On Vista Energy

Institutional investors and hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its holdings in 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 buying an additional 656 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Vista Energy during the 2nd quarter worth approximately $163,000. Kapitalo Investimentos Ltda acquired a new stake in shares of Vista Energy during the 3rd quarter worth approximately $202,000. Channing Global Advisors LLC increased its stake in Vista Energy by 47.6% in the second quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock valued at $217,000 after acquiring an additional 1,462 shares during the last quarter. Finally, Amundi acquired a new position in Vista Energy during the first quarter valued at approximately $229,000. Institutional investors own 63.81% of the company’s stock.

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.