Vista Energy (NYSE:VIST) Stock Rating Raised to “Hold” at Zacks Research

Zacks Research upgraded shares of Vista Energy (NYSE:VIST) from a strong sell rating to a hold rating in a research note released on Tuesday,Zacks reports.

A number of other equities analysts have also commented on VIST. Weiss Ratings lowered shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, September 1st. JPMorgan Chase & Co. raised their target price on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st. Finally, HSBC initiated 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. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $83.44.

Vista Energy Stock Down 1.9%

Shares of NYSE:VIST opened at $65.44 on Tuesday. The company has a market capitalization of $6.82 billion, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 0.58 and a beta of 0.63. The company has a 50 day moving average of $70.20 and a two-hundred day moving average of $69.63. Vista Energy has a 52-week low of $33.45 and a 52-week high of $81.44. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84.

Vista Energy (NYSE:VIST) last posted its earnings results on Friday, July 17th. The company reported $2.38 EPS for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.77). The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. As a group, analysts forecast that Vista Energy will post 9.18 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vista Energy

Several hedge funds and other institutional investors have recently modified their holdings of VIST. Operose Advisors LLC bought a new position in shares of Vista Energy during the second quarter worth about $32,000. EverSource Wealth Advisors LLC increased its holdings in Vista Energy by 46.7% in the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock valued at $39,000 after buying an additional 163 shares during the last quarter. Platinum Investment Management Ltd. bought a new stake in Vista Energy in the fourth quarter valued at about $67,000. DV Trading LLC acquired a new stake in Vista Energy during the first quarter valued at approximately $226,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Vista Energy during the first quarter valued at approximately $253,000. Institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

Vista Energy, SAB. de C.V. is an independent energy company focused on the exploration, development and production of oil and natural gas. The company’s portfolio is centered on unconventional resources, particularly shale oil and gas, and includes drilling, operating and developing upstream energy assets.

Vista’s principal activities are concentrated in Argentina’s Vaca Muerta formation, one of the world’s major shale hydrocarbon regions. The company also has operations and assets in Mexico, giving it a presence in key Latin American energy markets.