Vista Energy (NYSE:VIST – Get Free Report) had its target price lowered by equities researchers at JPMorgan Chase & Co. from $94.00 to $87.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 21.60% from the stock’s previous close.
Other analysts also recently issued reports about the company. Weiss Ratings upgraded Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $82.04.
Check Out Our Latest Stock Analysis on VIST
Vista Energy Price Performance
NYSE VIST traded down $0.72 on Thursday, hitting $71.55. 964,411 shares of the company’s stock were exchanged, compared to its average volume of 1,234,981. The stock has a 50-day moving average of $70.80 and a 200-day moving average of $66.63. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. Vista Energy has a 52 week low of $43.71 and a 52 week high of $81.44. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 9.44, a P/E/G ratio of 0.65 and a beta of 0.68.
Vista Energy (NYSE:VIST – Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $2.16 earnings per share for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.63). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.16 billion. Analysts expect that Vista Energy will post 9.18 earnings per share for the current year.
Institutional Trading of Vista Energy
Several institutional investors have recently added to or reduced their stakes in VIST. Ninety One UK Ltd raised its holdings in Vista Energy by 16.9% during the 3rd quarter. Ninety One UK Ltd now owns 2,212,079 shares of the company’s stock worth $144,559,000 after purchasing an additional 320,074 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Vista Energy in the 1st quarter worth approximately $102,610,000. Cape Ann Asset Management Ltd lifted its position in shares of Vista Energy by 35.1% in the 1st quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock worth $70,326,000 after purchasing an additional 241,942 shares during the period. Bank of America Corp DE boosted its stake in shares of Vista Energy by 824.7% in the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock valued at $70,066,000 after purchasing an additional 827,997 shares during the last quarter. Finally, Ninety One North America Inc. boosted its stake in shares of Vista Energy by 1.4% in the 3rd quarter. Ninety One North America Inc. now owns 661,195 shares of the company’s stock valued at $43,209,000 after purchasing an additional 9,167 shares during the last quarter. 63.81% of the stock is currently owned by institutional investors.
About Vista Energy
Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s operations are centered on Argentina’s Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.
Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.
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