Vista Energy (NYSE:VIST – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday, Wall Street Zen reports.
A number of other equities research analysts also recently weighed in on VIST. JPMorgan Chase & Co. dropped their target price on Vista Energy from $94.00 to $87.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. Finally, Weiss Ratings upgraded shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and a consensus target price of $82.04.
Get Our Latest Research Report on VIST
Vista Energy Price Performance
VIST opened at $57.47 on Friday. The stock’s 50-day moving average price is $70.15 and its 200 day moving average price is $67.20. The firm has a market cap of $6.36 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 0.70 and a beta of 0.58. Vista Energy has a 12-month low of $43.71 and a 12-month high of $81.44. The company has a current ratio of 0.72, a quick ratio of 0.71 and a debt-to-equity ratio of 0.82.
Vista Energy (NYSE:VIST – Get Free Report) last announced its quarterly 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 19.66% and a return on equity of 20.79%. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.14 billion. As a group, sell-side analysts expect that Vista Energy will post 10.05 earnings per share for the current year.
Hedge Funds Weigh In On Vista Energy
Institutional investors and hedge funds have recently bought and sold shares of the company. Engineers Gate Manager LP purchased a new position in Vista Energy in the second quarter worth $2,303,000. Absolute Gestao de Investimentos Ltda. purchased a new position in shares of Vista Energy in the second quarter worth about $2,233,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Vista Energy during the second quarter worth approximately $2,120,000. RWC Asset Advisors US LLC purchased a new position in Vista Energy during the 2nd quarter valued at about $23,346,000. Finally, Breakout Capital Partners LP purchased a new stake in Vista Energy in the 2nd quarter valued at $18,591,000. Institutional investors and hedge funds own 63.81% of the company’s stock.
Vista Energy Company Profile
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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