Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $83.44.

Several brokerages have recently commented on VIST. Weiss Ratings downgraded shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, September 1st. HSBC started coverage on shares of Vista Energy in a research report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective for the company. Zacks Research lowered shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st.

Institutional Investors Weigh In On Vista Energy

Large investors have recently made changes to their positions in the business. Capital Research Global Investors increased its holdings in Vista Energy by 26.2% during the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock worth $162,321,000 after buying an additional 693,566 shares during the last quarter. Lazard Asset Management LLC purchased a new position in shares of Vista Energy during the 1st quarter valued at $102,610,000. Cape Ann Asset Management Ltd grew its stake in shares of Vista Energy by 35.1% during the 1st quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock worth $70,326,000 after acquiring an additional 241,942 shares during the period. Bank of America Corp DE grew its stake in shares of Vista Energy by 824.7% during the 1st 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 during the period. Finally, Carrhae Capital LLP increased its holdings in Vista Energy by 20.6% in the 4th quarter. Carrhae Capital LLP now owns 830,212 shares of the company’s stock worth $40,398,000 after acquiring an additional 141,807 shares during the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

Vista Energy Trading Down 1.4%

VIST opened at $67.32 on Friday. The firm has a market capitalization of $7.02 billion, a PE ratio of 8.88, a P/E/G ratio of 0.61 and a beta of 0.63. Vista Energy has a fifty-two week low of $33.45 and a fifty-two week high of $81.44. The company’s 50-day moving average is $70.14 and its 200 day moving average is $69.44. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68.

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 the consensus estimate of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.19 billion. As a group, research analysts predict that Vista Energy will post 8.88 earnings per share for the current fiscal year.

About Vista Energy

Vista Energy is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company’s portfolio is focused primarily on unconventional resources in Argentina’s Vaca Muerta shale formation, where it develops oil and gas wells and related production infrastructure.

Vista’s operations include drilling, completion, processing and transportation activities, as well as the marketing of crude oil, natural gas and associated hydrocarbons. Its assets are concentrated in the Neuquén Basin, including the Bajada del Palo development, one of the company’s principal operating areas.