Vista Energy (NYSE:VIST) Shares Up 4.3% – What’s Next?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) shares were up 4.3% during mid-day trading on Thursday. The stock traded as high as $68.20 and last traded at $68.2630. Approximately 207,669 shares changed hands during trading, a decline of 84% from the average session volume of 1,261,725 shares. The stock had previously closed at $65.43.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Weiss Ratings cut shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 1st. Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. HSBC started coverage on Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 price objective on the stock. Finally, JPMorgan Chase & Co. lifted their target price on Vista Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $83.44.

Vista Energy Stock Performance

The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68. The firm has a fifty day moving average price of $69.90 and a two-hundred day moving average price of $69.47. The stock has a market capitalization of $6.91 billion, a PE ratio of 8.74, a P/E/G ratio of 0.58 and a beta of 0.68.

Vista Energy (NYSE:VIST) last announced 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). The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. Research analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.18 EPS for the current year.

Institutional Trading of Vista Energy

Several hedge funds and other institutional investors have recently made changes to their positions in VIST. Operose Advisors LLC acquired a new stake in shares of Vista Energy in the 2nd quarter valued at $32,000. EverSource Wealth Advisors LLC grew its stake in shares of Vista Energy by 46.7% during the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after purchasing an additional 163 shares in the last quarter. Platinum Investment Management Ltd. acquired a new position in shares of Vista Energy during the fourth quarter worth $67,000. DV Trading LLC purchased a new position in Vista Energy in the first quarter valued at $226,000. Finally, Janney Montgomery Scott LLC purchased a new position in Vista Energy in the first quarter valued at $253,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.