Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $83.44.
VIST has been the subject of several analyst reports. Weiss Ratings downgraded Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report 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. Finally, JPMorgan Chase & Co. lifted their target price on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st.
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Vista Energy Price Performance
Vista Energy (NYSE:VIST – Get Free Report) last announced its quarterly earnings results on Friday, July 17th. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77). The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. Analysts forecast that Vista Energy will post 9.18 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC bought a new stake in Vista Energy in the first quarter worth about $102,610,000. Bank of America Corp DE lifted its holdings in Vista Energy by 824.7% in the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock valued at $70,066,000 after acquiring an additional 827,997 shares during the last quarter. Walleye Capital LLC acquired a new stake in Vista Energy in the 1st quarter valued at about $28,803,000. RWC Asset Advisors US LLC acquired a new stake in Vista Energy in the 2nd quarter valued at about $23,346,000. Finally, Breakout Capital Partners LP bought a new position in shares of Vista Energy during the 2nd quarter valued at about $18,591,000. 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.
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