Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST – Get Free Report) fell 5.8% on Wednesday . The stock traded as low as $71.01 and last traded at $71.1170. 1,043,072 shares traded hands during trading, a decline of 36% from the average session volume of 1,640,506 shares. The stock had previously closed at $75.47.
Analyst Ratings Changes
Several analysts have commented on the company. Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their target price for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. Weiss Ratings upgraded shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Bank of America assumed coverage on shares of Vista Energy in a research note on Wednesday, February 4th. They set a “buy” rating and a $88.00 price target on the stock. Finally, The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a report on Wednesday, December 17th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $68.55.
Check Out Our Latest Research Report on VIST
Vista Energy Stock Down 8.4%
Vista Energy (NYSE:VIST – Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). The business had revenue of $719.06 million for the quarter, compared to analyst estimates of $679.81 million. Vista Energy had a return on equity of 15.65% and a net margin of 29.06%. On average, equities 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.
Institutional Trading of Vista Energy
Institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Vista Energy in the third quarter valued at about $28,499,000. Capital Research Global Investors grew its stake in shares of Vista Energy by 26.2% in the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after buying an additional 693,566 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vista Energy by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after buying an additional 649,468 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Vista Energy by 11.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock valued at $194,145,000 after buying an additional 402,585 shares during the period. Finally, Ruffer LLP acquired a new position in Vista Energy during the 4th quarter worth approximately $19,227,000. 63.81% of the stock is owned by hedge funds and other institutional investors.
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.
Further Reading
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