Vista Energy (NYSE:VIST) Announces Quarterly Earnings Results, Misses Expectations By $0.63 EPS

Vista Energy (NYSE:VIST) announced its quarterly earnings results on Wednesday. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $1.12 by ($0.63), Zacks reports. The company had revenue of $719.06 million for the quarter, compared to analysts’ expectations of $679.81 million. Vista Energy had a net margin of 29.06% and a return on equity of 16.51%.

Vista Energy Price Performance

Shares of NYSE:VIST traded up $0.32 during trading on Friday, reaching $56.65. The stock had a trading volume of 150,700 shares, compared to its average volume of 1,185,939. The business has a fifty day moving average price of $52.25 and a 200-day moving average price of $45.77. Vista Energy has a 1-year low of $31.63 and a 1-year high of $62.42. 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 stock has a market cap of $5.91 billion, a PE ratio of 8.49, a PEG ratio of 2.93 and a beta of 0.82.

Analysts Set New Price Targets

Several analysts recently commented on VIST shares. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a research report on Wednesday, December 17th. JPMorgan Chase & Co. increased their target price on shares of Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Bank of America initiated coverage on Vista Energy in a research note on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research report on Monday, December 29th. Finally, UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $50.00 to $65.00 in a research note on Sunday, January 11th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.55.

Institutional Investors Weigh In On Vista Energy

A number of large investors have recently modified their holdings of VIST. Caitong International Asset Management Co. Ltd raised its position in shares of Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after buying an additional 656 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vista Energy in the 2nd quarter valued at about $163,000. Federated Hermes Inc. purchased a new position in Vista Energy in the 4th quarter worth approximately $221,000. HighTower Advisors LLC acquired a new position in shares of Vista Energy during the 4th quarter worth approximately $223,000. Finally, Amundi purchased a new stake in shares of Vista Energy in the first quarter valued at approximately $229,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.