Vista Energy (NYSE:VIST) Lowered to Hold Rating by Zacks Research

Zacks Research lowered shares of Vista Energy (NYSE:VIST) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

Other research analysts have also recently issued reports about the stock. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a report on Wednesday, December 17th. Bank of America raised their price target on Vista Energy from $63.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Wall Street Zen upgraded Vista Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research report on Monday. Finally, JPMorgan Chase & Co. raised their target price on Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $66.84.

Vista Energy Price Performance

Shares of NYSE VIST opened at $47.51 on Wednesday. The stock has a fifty day moving average price of $47.61 and a 200 day moving average price of $44.03. Vista Energy has a 1-year low of $31.63 and a 1-year high of $61.67. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.62 and a quick ratio of 0.61. The company has a market cap of $4.95 billion, a PE ratio of 6.99, a P/E/G ratio of 1.79 and a beta of 0.80.

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

Institutional Trading of Vista Energy

Large investors have recently bought and sold shares of the company. Mirabella Financial Services LLP acquired a new position in shares of Vista Energy during the 3rd quarter worth $2,046,000. Carrhae Capital LLP increased its holdings in Vista Energy by 71.9% during the 3rd quarter. Carrhae Capital LLP now owns 688,405 shares of the company’s stock valued at $23,681,000 after acquiring an additional 287,823 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in Vista Energy by 1,009.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after acquiring an additional 656 shares during the last quarter. VR Advisory Services Ltd acquired a new position in Vista Energy during the third quarter worth about $12,682,000. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of Vista Energy by 274.7% in the third quarter. Qube Research & Technologies Ltd now owns 144,827 shares of the company’s stock valued at $4,982,000 after purchasing an additional 106,172 shares in the last quarter. Institutional investors and hedge funds 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.