Vista Energy (NYSE:VIST) Trading 4.7% Higher on Analyst Upgrade

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) traded up 4.7% on Monday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The stock traded as high as $78.45 and last traded at $77.6650. 408,624 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 1,589,536 shares. The stock had previously closed at $74.21.

VIST has been the topic of several other research reports. Bank of America initiated coverage on Vista Energy in a report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target on the stock. Weiss Ratings raised shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a research report on Wednesday, December 17th. Finally, UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $50.00 to $65.00 in a research note on Sunday, January 11th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $68.55.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its stake in Vista Energy by 1,009.2% in 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. acquired a new position in shares of Vista Energy in the 4th quarter valued at $67,000. Blue Trust Inc. grew its holdings in shares of Vista Energy by 154.8% in the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after buying an additional 1,878 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Vista Energy in the 2nd quarter valued at $163,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in Vista Energy during the 3rd quarter worth $202,000. Institutional investors own 63.81% of the company’s stock.

Vista Energy Price Performance

The company has a 50 day moving average of $60.80 and a 200 day moving average of $50.21. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.12. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 10.98, a P/E/G ratio of 1.02 and a beta of 0.84.

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

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.