Vista Energy (NYSE:VIST) Reaches New 1-Year High – Time to Buy?

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) reached a new 52-week high during trading on Thursday . The stock traded as high as $70.17 and last traded at $69.4840, with a volume of 1795604 shares changing hands. The stock had previously closed at $69.11.

Analyst Ratings Changes

VIST has been the subject of several research reports. Bank of America started coverage on Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective for the company. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. The Goldman Sachs Group set a $53.20 price target on Vista Energy in a report on Wednesday, December 17th. Zacks Research downgraded Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 26th. Finally, UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Vista Energy has an average rating of “Moderate Buy” and an average target price of $68.55.

Vista Energy Stock Up 0.5%

The firm’s 50 day moving average is $56.40 and its 200-day moving average is $47.91. The firm has a market cap of $7.24 billion, a PE ratio of 10.40, a P/E/G ratio of 0.92 and a beta of 0.84. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, February 25th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.63). The firm had revenue of $719.06 million during the quarter, compared to analysts’ expectations of $679.81 million. Vista Energy had a return on equity of 15.65% and a net margin of 29.06%. As a group, equities research analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

Institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd lifted 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 buying an additional 656 shares during the period. Platinum Investment Management Ltd. purchased a new stake in Vista Energy in the 4th quarter valued at about $67,000. Blue Trust Inc. increased its stake in shares of Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after acquiring an additional 1,878 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vista Energy during the 2nd quarter valued at about $163,000. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of Vista Energy during the 3rd quarter worth about $202,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.