Vista Energy (NYSE:VIST) Stock Rating Upgraded by Wall Street Zen

Vista Energy (NYSE:VIST) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other analysts have also issued reports on VIST. Zacks Research lowered Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. JPMorgan Chase & Co. decreased their price objective on Vista Energy from $57.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, October 17th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vista Energy in a research note on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.60.

Vista Energy Stock Performance

Shares of VIST opened at $39.96 on Friday. The firm has a market cap of $4.17 billion, a PE ratio of 5.88, a PEG ratio of 1.68 and a beta of 0.97. The stock’s fifty day moving average price is $37.08 and its two-hundred day moving average price is $43.47. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.62 and a quick ratio of 0.61. Vista Energy has a 1 year low of $31.63 and a 1 year high of $61.67.

Vista Energy (NYSE:VIST) last issued its earnings results on Wednesday, October 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.24. The firm had revenue of $706.14 million for the quarter, compared to analyst estimates of $636.68 million. Vista Energy had a return on equity of 15.92% and a net margin of 32.66%. On average, equities research analysts forecast that Vista Energy will post 5.74 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VIST. Oppenheimer & Co. Inc. grew its position in Vista Energy by 14.6% during the first quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company’s stock worth $230,000 after buying an additional 632 shares in the last quarter. Money Concepts Capital Corp grew its position in Vista Energy by 5.1% during the first quarter. Money Concepts Capital Corp now owns 16,896 shares of the company’s stock worth $787,000 after buying an additional 813 shares in the last quarter. D.A. Davidson & CO. grew its position in Vista Energy by 19.7% during the first quarter. D.A. Davidson & CO. now owns 9,599 shares of the company’s stock worth $447,000 after buying an additional 1,577 shares in the last quarter. Ninety One UK Ltd grew its position in Vista Energy by 9.1% during the first quarter. Ninety One UK Ltd now owns 768,862 shares of the company’s stock worth $35,798,000 after buying an additional 63,834 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its position in Vista Energy by 4.0% during the first quarter. SBI Securities Co. Ltd. now owns 42,924 shares of the company’s stock worth $1,999,000 after buying an additional 1,654 shares in the last quarter. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.