Vistra (NYSE:VST) Price Target Raised to $298.00 at Scotiabank

Vistra (NYSE:VST) had its price target boosted by equities researchers at Scotiabank from $293.00 to $298.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “sector outperform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 80.02% from the stock’s previous close.

VST has been the subject of a number of other reports. Sanford C. Bernstein set a $187.00 price objective on Vistra and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Morgan Stanley restated an “overweight” rating and set a $210.00 target price on shares of Vistra in a report on Wednesday, June 24th. TD Cowen decreased their target price on Vistra from $253.00 to $230.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $190.00 price target on shares of Vistra in a research note on Thursday, May 21st. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $230.00 price target on shares of Vistra in a research report on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $230.62.

Vistra Trading Up 4.5%

VST stock traded up $7.11 during midday trading on Wednesday, reaching $165.53. The company’s stock had a trading volume of 936,837 shares, compared to its average volume of 4,976,111. Vistra has a 52 week low of $132.66 and a 52 week high of $219.82. The stock has a market cap of $55.82 billion, a PE ratio of 27.61 and a beta of 1.40. The company has a quick ratio of 0.79, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business’s 50-day simple moving average is $153.98 and its 200-day simple moving average is $158.52.

Vistra (NYSE:VST) last issued its earnings results on Thursday, May 7th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $1.32 by $1.55. The company had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.22 billion. Vistra had a net margin of 11.52% and a return on equity of 105.64%. As a group, sell-side analysts expect that Vistra will post 9.52 EPS for the current year.

Insiders Place Their Bets

In other Vistra news, CAO Margaret Montemayor sold 5,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the transaction, the chief accounting officer directly owned 14,360 shares of the company’s stock, valued at approximately $2,368,825.60. The trade was a 25.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul M. Barbas sold 244 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director owned 53,006 shares of the company’s stock, valued at $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 41,588 shares of company stock valued at $6,739,227. Insiders own 0.92% of the company’s stock.

Institutional Trading of Vistra

Large investors have recently bought and sold shares of the business. Northside Capital Management LLC raised its holdings in Vistra by 4.9% during the 2nd quarter. Northside Capital Management LLC now owns 139,784 shares of the company’s stock worth $22,174,000 after buying an additional 6,582 shares during the period. Heck Capital Advisors LLC acquired a new position in shares of Vistra in the second quarter valued at approximately $414,000. Tema ETFs LLC increased its position in shares of Vistra by 10.5% during the second quarter. Tema ETFs LLC now owns 6,100 shares of the company’s stock worth $968,000 after acquiring an additional 580 shares in the last quarter. Haven Capital Group Inc. acquired a new stake in shares of Vistra during the second quarter worth $2,812,000. Finally, Fiduciary Financial Group LLC lifted its position in Vistra by 73.4% in the 2nd quarter. Fiduciary Financial Group LLC now owns 3,951 shares of the company’s stock valued at $627,000 after acquiring an additional 1,672 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

About Vistra

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.