Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) has been given an average rating of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $83.24.

A number of research analysts have recently weighed in on VIST shares. JPMorgan Chase & Co. raised their price objective on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Zacks Research lowered Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. UBS Group increased their target price on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. HSBC began coverage on Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 price target for the company. Finally, Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 17th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in Vista Energy by 82.0% during the first quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after acquiring an additional 4,246 shares during the last quarter. Amundi acquired a new position in Vista Energy in the 1st quarter valued at $229,000. Goldman Sachs Group Inc. raised its holdings in Vista Energy by 57.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company’s stock valued at $8,554,000 after acquiring an additional 67,189 shares during the last quarter. Geode Capital Management LLC raised its holdings in Vista Energy by 11.6% in the 2nd quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock valued at $797,000 after acquiring an additional 1,731 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new position in shares of Vista Energy during the 2nd quarter worth $506,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Price Performance

Shares of NYSE VIST opened at $70.56 on Tuesday. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. The company’s 50-day moving average price is $66.25 and its 200 day moving average price is $66.83. Vista Energy has a 52 week low of $31.63 and a 52 week high of $81.44. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 0.58 and a beta of 0.62.

Vista Energy (NYSE:VIST) last announced its earnings results on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.77). Vista Energy had a return on equity of 20.26% and a net margin of 23.56%.The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. As a group, research analysts forecast that Vista Energy will post 9.54 earnings per share for the current fiscal year.

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.