Vista Energy (NYSE:VIST) Trading Down 3.6% – Should You Sell?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s share price dropped 3.6% on Tuesday . The stock traded as low as $67.52 and last traded at $68.1060. 287,202 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 1,291,303 shares. The stock had previously closed at $70.66.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. boosted 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. Zacks Research downgraded shares of Vista Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. HSBC began coverage on shares of Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 target price for the company. Weiss Ratings raised shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 17th. Finally, UBS Group lifted their price objective on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.24.

Vista Energy Stock Performance

The stock’s 50 day moving average price is $66.25 and its 200 day moving average price is $66.83. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. The company has a market cap of $7.07 billion, a price-to-earnings ratio of 8.94, a P/E/G ratio of 0.58 and a beta of 0.62.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Friday, July 17th. The company reported $2.38 EPS for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.77). Vista Energy had a return on equity of 20.26% and a net margin of 23.56%.The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. On average, analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Vista Energy

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Vista Energy by 82.0% in the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock valued at $439,000 after acquiring an additional 4,246 shares during the period. Amundi purchased a new stake in Vista Energy during the 1st quarter worth $229,000. Goldman Sachs Group Inc. increased 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 purchasing an additional 67,189 shares in the last quarter. Geode Capital Management LLC increased its holdings in Vista Energy by 11.6% in the 2nd quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock valued at $797,000 after purchasing an additional 1,731 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new position in Vista Energy in the second quarter valued at about $506,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

About Vista Energy

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.