Vista Energy (NYSE:VIST) Sets New 12-Month High – Here’s Why

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.49 and last traded at $78.0430, with a volume of 5369 shares changing hands. The stock had previously closed at $78.51.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on VIST. Bank of America initiated coverage on Vista Energy in a research note on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target for the company. JPMorgan Chase & Co. increased their price objective on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. UBS Group raised their target price on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and a consensus target price of $80.30.

Vista Energy Price Performance

The business has a 50 day simple moving average of $68.84 and a 200-day simple moving average of $57.53. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.77. The stock has a market cap of $8.17 billion, a P/E ratio of 11.46, a P/E/G ratio of 0.21 and a beta of 0.63.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.53). The company had revenue of $865.01 million during the quarter, compared to the consensus estimate of $708.61 million. Vista Energy had a return on equity of 14.80% and a net margin of 25.65%. On average, sell-side analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.68 EPS for the current year.

Institutional Trading of Vista Energy

Institutional investors have recently modified their holdings of the business. Janus Henderson Group PLC purchased a new stake in shares of Vista Energy during the first quarter worth $5,136,000. Amundi purchased a new stake in shares of Vista Energy during the 1st quarter valued at $889,000. EverSource Wealth Advisors LLC grew its position in Vista Energy by 46.7% during the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock valued at $39,000 after acquiring an additional 163 shares during the last quarter. Royal Bank of Canada boosted its position in Vista Energy by 29.2% during the first quarter. Royal Bank of Canada now owns 29,301 shares of the company’s stock valued at $2,211,000 after buying an additional 6,628 shares during the period. Finally, Lazard Asset Management LLC purchased a new stake in shares of Vista Energy during the first quarter valued at approximately $102,610,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

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.