Vista Energy (NYSE:VIST) Stock Price Down 9% – What’s Next?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s share price was down 9% on Wednesday . The stock traded as low as $62.41 and last traded at $63.8320. Approximately 951,110 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 1,639,887 shares. The stock had previously closed at $70.13.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on VIST shares. Bank of America started coverage on shares of Vista Energy in a research report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 target price on the stock. The Goldman Sachs Group set a $53.20 target price on shares of Vista Energy in a research report on Wednesday, December 17th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. Zacks Research raised shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, March 27th. Finally, Weiss Ratings raised shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $68.55.

Vista Energy Price Performance

The stock’s 50-day moving average is $62.50 and its 200 day moving average is $51.45. The stock has a market capitalization of $6.77 billion, a PE ratio of 9.73, a P/E/G ratio of 0.68 and a beta of 0.72. 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 announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. The company had revenue of $719.06 million for the quarter, compared to analysts’ expectations of $679.81 million. As a group, equities analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd grew 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 valued at $25,000 after purchasing an additional 656 shares in the last quarter. Platinum Investment Management Ltd. purchased a new position in Vista Energy during the fourth quarter valued at approximately $67,000. Blue Trust Inc. grew its position in Vista Energy by 154.8% during the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after purchasing an additional 1,878 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vista Energy in the second quarter valued at approximately $163,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in Vista Energy in the third quarter valued at approximately $202,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

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.