Vistra (NYSE:VST) Reaches New 52-Week Low – What’s Next?

Vistra Corp. (NYSE:VSTGet Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $137.81 and last traded at $139.3120, with a volume of 804072 shares trading hands. The stock had previously closed at $141.90.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VST shares. BMO Capital Markets restated an “outperform” rating and issued a $241.00 target price on shares of Vistra in a research note on Monday, March 2nd. Morgan Stanley reissued an “overweight” rating and issued a $208.00 price objective on shares of Vistra in a report on Tuesday, April 21st. Raymond James Financial set a $208.00 price objective on Vistra in a research note on Monday, April 27th. Wells Fargo & Company decreased their target price on Vistra from $236.00 to $234.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Finally, The Goldman Sachs Group upgraded Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price target for the company in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $233.93.

View Our Latest Stock Analysis on Vistra

Vistra Price Performance

The company has a market capitalization of $46.92 billion, a P/E ratio of 23.36, a PEG ratio of 0.81 and a beta of 1.43. The company has a quick ratio of 0.69, a current ratio of 0.90 and a debt-to-equity ratio of 5.51. The business has a 50 day simple moving average of $156.81 and a 200-day simple moving average of $164.97.

Vistra (NYSE:VSTGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The firm had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.22 billion. Analysts predict that Vistra Corp. will post 9.31 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.229 per share. This is a boost from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, June 22nd. Vistra’s payout ratio is presently 15.24%.

Insider Transactions at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 10,000 shares of Vistra stock in a transaction on Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the sale, the executive vice president owned 114,409 shares of the company’s stock, valued at $18,340,906.79. The trade was a 8.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Dynamic Technology Lab Private Ltd bought a new position in Vistra during the third quarter valued at about $1,445,000. Teamwork Financial Advisors LLC raised its position in Vistra by 39.9% in the fourth quarter. Teamwork Financial Advisors LLC now owns 78,855 shares of the company’s stock worth $12,722,000 after acquiring an additional 22,492 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Vistra in the 3rd quarter valued at about $8,755,000. Envestnet Asset Management Inc. boosted its position in shares of Vistra by 49.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 371,497 shares of the company’s stock valued at $72,784,000 after purchasing an additional 122,545 shares in the last quarter. Finally, Fisher Funds Management LTD acquired a new position in shares of Vistra in the 3rd quarter worth approximately $1,241,000. 90.88% of the stock is owned by institutional investors and hedge funds.

About Vistra

(Get Free Report)

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.

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