Vista Energy (NYSE:VIST) Shares Up 6.6% – What’s Next?

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) shot up 6.6% during mid-day trading on Wednesday . The stock traded as high as $65.70 and last traded at $66.0930. Approximately 324,915 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 1,369,269 shares. The stock had previously closed at $62.03.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Zacks Research lowered Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vista Energy in a research note on Tuesday, June 9th. 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. HSBC started coverage on shares of Vista Energy in a report on Sunday, June 14th. They set a “buy” rating and a $95.00 price objective on the stock. Finally, UBS Group upped their target price on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $83.24.

Vista Energy Trading Up 6.5%

The business’s 50 day simple moving average is $70.37 and its 200 day simple moving average is $62.85. The stock has a market cap of $6.89 billion, a price-to-earnings ratio of 9.66, a PEG ratio of 0.41 and a beta of 0.63. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 1.01.

Vista Energy (NYSE:VIST) last issued its earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The firm had revenue of $865.01 million during the quarter, compared to the consensus estimate of $708.61 million. On average, research analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 11.89 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VIST. EverSource Wealth Advisors LLC lifted its holdings in Vista Energy by 46.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock valued at $39,000 after purchasing an additional 163 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of 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 during the period. Platinum Investment Management Ltd. bought a new position in shares of Vista Energy in the fourth quarter valued at about $67,000. DV Trading LLC acquired a new stake in shares of Vista Energy during the 1st quarter worth about $226,000. Finally, Blue Trust Inc. boosted its holdings in shares of Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after buying an additional 1,878 shares during the period. 63.81% of the stock is currently owned by 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.