Brokerages Set Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Target Price at $68.44

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $68.44.

VIST has been the topic of several recent research reports. Zacks Research downgraded Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 24th. 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, December 29th. JPMorgan Chase & Co. upped their price target on Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Finally, Bank of America lifted their price objective on shares of Vista Energy from $63.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, November 18th.

Vista Energy Stock Performance

Shares of VIST opened at $49.05 on Monday. The firm has a market cap of $5.11 billion, a P/E ratio of 7.21, a PEG ratio of 2.12 and a beta of 0.83. Vista Energy has a twelve month low of $31.63 and a twelve month high of $61.67. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.61 and a current ratio of 0.62. The firm’s 50 day moving average price is $48.57 and its two-hundred day moving average price is $43.67.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.24. The company had revenue of $706.14 million during the quarter, compared to the consensus estimate of $636.68 million. Vista Energy had a net margin of 32.66% and a return on equity of 15.92%. On average, analysts forecast that Vista Energy will post 5.74 EPS for the current fiscal year.

Institutional Trading of Vista Energy

Several institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in Vista Energy by 6.1% in the second quarter. JPMorgan Chase & Co. now owns 2,989,929 shares of the company’s stock valued at $142,949,000 after purchasing an additional 171,718 shares in the last quarter. Capital World Investors boosted its holdings in shares of Vista Energy by 1.2% in the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock valued at $102,485,000 after buying an additional 36,549 shares during the last quarter. Ninety One UK Ltd boosted its holdings in shares of Vista Energy by 74.0% in the 2nd quarter. Ninety One UK Ltd now owns 1,337,817 shares of the company’s stock valued at $63,961,000 after buying an additional 568,955 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in Vista Energy by 16.1% during the second quarter. Vontobel Holding Ltd. now owns 1,017,790 shares of the company’s stock worth $48,661,000 after buying an additional 141,066 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Vista Energy during the third quarter worth $28,499,000. 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.