Brokerages Set Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Target Price at $83.24

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) has been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $83.24.

A number of equities analysts have weighed in on the company. UBS Group boosted their price target on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vista Energy in a research report on Tuesday, June 9th. HSBC started coverage on Vista Energy in a research note on Sunday, June 14th. They set a “buy” rating and a $95.00 target price for the company. JPMorgan Chase & Co. boosted their target price on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Finally, Zacks Research cut Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th.

Hedge Funds Weigh In On Vista Energy

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in shares of Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after buying an additional 4,246 shares during the period. Amundi bought a new position in Vista Energy in the 1st quarter valued at about $229,000. Goldman Sachs Group Inc. raised its holdings in Vista Energy by 57.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company’s stock valued at $8,554,000 after acquiring an additional 67,189 shares during the period. Geode Capital Management LLC lifted its position in Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock worth $797,000 after acquiring an additional 1,731 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in Vista Energy during the second quarter worth approximately $506,000. 63.81% of the stock is owned by institutional investors.

Vista Energy Stock Performance

Shares of VIST stock opened at $64.75 on Monday. The company has a fifty day moving average price of $69.85 and a two-hundred day moving average price of $63.11. Vista Energy has a one year low of $31.63 and a one year high of $81.44. The stock has a market cap of $6.75 billion, a P/E ratio of 9.47, a P/E/G ratio of 0.48 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 0.76.

Vista Energy (NYSE:VIST) last released its quarterly earnings data 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 return on equity of 14.80% and a net margin of 25.65%.The firm had revenue of $865.01 million for the quarter, compared to analyst estimates of $708.61 million. As a group, equities analysts predict that Vista Energy will post 10.67 EPS for the current 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.