Vista Energy (NYSE:VIST) Price Target Raised to $89.00

Vista Energy (NYSE:VIST) had its price objective lifted by JPMorgan Chase & Co. from $69.00 to $89.00 in a research note published on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Other research analysts have also recently issued research reports about the stock. Bank of America assumed coverage on shares of Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective on the stock. Weiss Ratings upgraded shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Zacks Research upgraded shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Finally, UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $73.80.

Vista Energy Price Performance

NYSE:VIST opened at $71.73 on Wednesday. The firm has a market capitalization of $7.48 billion, a price-to-earnings ratio of 10.49, a PEG ratio of 0.20 and a beta of 0.63. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.86. The business has a 50 day simple moving average of $66.53 and a 200-day simple moving average of $55.08. Vista Energy has a 1 year low of $31.63 and a 1 year high of $79.20.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The company had revenue of $865.01 million for the quarter, compared to the consensus estimate of $708.61 million. Equities analysts forecast that Vista Energy will post 13.56 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its holdings in 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 worth $194,145,000 after purchasing an additional 402,585 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vista Energy by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock worth $176,843,000 after buying an additional 649,468 shares during the period. Capital Research Global Investors grew its position in shares of Vista Energy by 26.2% during the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock worth $162,321,000 after buying an additional 693,566 shares in the last quarter. Capital World Investors grew its position in shares of Vista Energy by 1.2% during the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock worth $102,485,000 after buying an additional 36,549 shares in the last quarter. Finally, Ninety One UK Ltd increased its stake in shares of Vista Energy by 4.2% during the fourth quarter. Ninety One UK Ltd now owns 1,237,870 shares of the company’s stock valued at $60,235,000 after buying an additional 50,178 shares during the period. Institutional investors own 63.81% of the company’s stock.

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.