Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) have been given an average rating of “Moderate Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $83.44.

Several equities research analysts have recently weighed in on VIST shares. Weiss Ratings downgraded shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 1st. Zacks Research cut Vista Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. HSBC began coverage on shares of Vista Energy in a research note on Sunday, June 14th. They set a “buy” rating and a $95.00 target price for the company. Finally, JPMorgan Chase & Co. raised their price target on shares of Vista Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Capital Research Global Investors raised its position in Vista Energy by 26.2% during the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after purchasing an additional 693,566 shares in the last quarter. Lazard Asset Management LLC bought a new stake in shares of Vista Energy in the first quarter valued at about $102,610,000. Cape Ann Asset Management Ltd lifted its stake in Vista Energy by 35.1% in the first quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock worth $70,326,000 after acquiring an additional 241,942 shares during the period. Bank of America Corp DE grew its holdings in Vista Energy by 824.7% during the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock worth $70,066,000 after acquiring an additional 827,997 shares in the last quarter. Finally, Carrhae Capital LLP increased its position in Vista Energy by 20.6% during the 4th quarter. Carrhae Capital LLP now owns 830,212 shares of the company’s stock valued at $40,398,000 after purchasing an additional 141,807 shares during the period. Institutional investors own 63.81% of the company’s stock.

Vista Energy Stock Performance

NYSE VIST opened at $72.33 on Friday. The company has a market cap of $7.54 billion, a P/E ratio of 9.54, a P/E/G ratio of 0.65 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. The business’s 50 day moving average price is $69.69 and its 200-day moving average price is $69.13. Vista Energy has a fifty-two week low of $33.37 and a fifty-two week high of $81.44.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.77). The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. Sell-side analysts predict that Vista Energy will post 8.88 earnings per share for the current year.

About Vista Energy

Vista Energy is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company’s portfolio is focused primarily on unconventional resources in Argentina’s Vaca Muerta shale formation, where it develops oil and gas wells and related production infrastructure.

Vista’s operations include drilling, completion, processing and transportation activities, as well as the marketing of crude oil, natural gas and associated hydrocarbons. Its assets are concentrated in the Neuquén Basin, including the Bajada del Palo development, one of the company’s principal operating areas.