Vista Energy (NYSE:VIST) Stock Rating Upgraded by Zacks Research

Vista Energy (NYSE:VIST) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other equities analysts also recently commented on the company. HSBC assumed coverage on Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 target price for the company. JPMorgan Chase & Co. upped their price target on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Tuesday, September 1st. Finally, Weiss Ratings lowered Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 1st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Vista Energy currently has an average rating of “Moderate Buy” and a consensus price target of $83.44.

Vista Energy Stock Performance

NYSE:VIST opened at $65.44 on Tuesday. The firm has a market capitalization of $6.82 billion, a PE ratio of 8.63, a price-to-earnings-growth ratio of 0.58 and a beta of 0.63. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84. Vista Energy has a 12-month low of $33.45 and a 12-month high of $81.44. The firm has a 50-day moving average price of $70.20 and a 200 day moving average price of $69.63.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.19 billion. Research analysts anticipate that Vista Energy will post 9.18 earnings per share for the current fiscal year.

Institutional Trading of Vista Energy

Several large investors have recently added to or reduced their stakes in VIST. ABS Direct Equity Fund LLC raised its stake in shares of Vista Energy by 3.7% in the second quarter. ABS Direct Equity Fund LLC now owns 31,100 shares of the company’s stock valued at $1,984,000 after acquiring an additional 1,100 shares during the last quarter. Engineers Gate Manager LP bought a new stake in Vista Energy during the 2nd quarter worth approximately $2,303,000. NewEdge Advisors LLC increased its holdings in Vista Energy by 826.1% during the 2nd quarter. NewEdge Advisors LLC now owns 6,483 shares of the company’s stock valued at $414,000 after purchasing an additional 5,783 shares in the last quarter. Squarepoint Ops LLC increased its holdings in Vista Energy by 136.2% during the 2nd quarter. Squarepoint Ops LLC now owns 58,173 shares of the company’s stock valued at $3,711,000 after purchasing an additional 33,542 shares in the last quarter. Finally, RWC Asset Advisors US LLC acquired a new stake in Vista Energy during the 2nd quarter valued at $23,346,000. 63.81% of the stock is owned by institutional investors.

About Vista Energy

Vista Energy, SAB. de C.V. is an independent energy company focused on the exploration, development and production of oil and natural gas. The company’s portfolio is centered on unconventional resources, particularly shale oil and gas, and includes drilling, operating and developing upstream energy assets.

Vista’s principal activities are concentrated in Argentina’s Vaca Muerta formation, one of the world’s major shale hydrocarbon regions. The company also has operations and assets in Mexico, giving it a presence in key Latin American energy markets.