Vistra (NYSE:VST) Price Target Cut to $218.00 by Analysts at Bank of America

Vistra (NYSE:VST) had its price objective decreased by stock analysts at Bank of America from $231.00 to $218.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. Bank of America‘s price objective would indicate a potential upside of 25.30% from the stock’s current price.

Several other analysts also recently commented on VST. Jefferies Financial Group restated a “hold” rating and issued a $230.00 target price (down from $241.00) on shares of Vistra in a research note on Monday, September 22nd. Daiwa Capital Markets raised Vistra from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a report on Wednesday, September 17th. Scotiabank set a $293.00 price target on shares of Vistra and gave the company an “outperform” rating in a research report on Monday. KeyCorp began coverage on shares of Vistra in a report on Monday, November 24th. They set an “overweight” rating and a $217.00 price target on the stock. Finally, UBS Group reiterated a “buy” rating and issued a $233.00 price objective on shares of Vistra in a research note on Monday. Four research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $239.40.

Vistra Trading Up 4.6%

NYSE:VST traded up $7.62 on Monday, reaching $173.99. 4,586,268 shares of the stock traded hands, compared to its average volume of 7,123,093. The company’s 50 day moving average is $170.87 and its 200-day moving average is $188.51. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. Vistra has a 1-year low of $90.51 and a 1-year high of $219.82. The firm has a market capitalization of $58.95 billion, a price-to-earnings ratio of 62.88, a price-to-earnings-growth ratio of 1.69 and a beta of 1.41.

Vistra (NYSE:VST) last announced its earnings results on Friday, November 7th. The company reported $1.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). The firm had revenue of $4.97 billion for the quarter, compared to the consensus estimate of $6.60 billion. Vistra had a return on equity of 64.04% and a net margin of 6.70%. Equities research analysts anticipate that Vistra will post 7 EPS for the current fiscal year.

Insider Buying and Selling at Vistra

In other Vistra news, CEO James A. Burke sold 22,251 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $162.05, for a total value of $3,605,774.55. Following the sale, the chief executive officer directly owned 297,998 shares in the company, valued at $48,290,575.90. The trade was a 6.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Carrie Lee Kirby sold 58,275 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $174.75, for a total value of $10,183,556.25. Following the completion of the sale, the executive vice president owned 218,239 shares in the company, valued at $38,137,265.25. This represents a 21.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 364,450 shares of company stock valued at $68,655,803. Company insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Vistra

Hedge funds have recently bought and sold shares of the company. Kirr Marbach & Co. LLC IN increased its holdings in Vistra by 0.9% during the 2nd quarter. Kirr Marbach & Co. LLC IN now owns 168,713 shares of the company’s stock valued at $32,698,000 after purchasing an additional 1,535 shares during the period. ELCO Management Co. LLC bought a new stake in shares of Vistra in the 2nd quarter worth approximately $499,000. FUKOKU MUTUAL LIFE INSURANCE Co purchased a new position in shares of Vistra during the second quarter valued at approximately $292,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Vistra by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock valued at $406,830,000 after acquiring an additional 35,444 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Vistra by 55.3% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 6,232 shares of the company’s stock worth $1,208,000 after acquiring an additional 2,220 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Company Profile

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.