Vistra’s (VST) “Buy (B-)” Rating Reaffirmed at Weiss Ratings

Weiss Ratings reissued their buy (b-) rating on shares of Vistra (NYSE:VST) in a research report sent to investors on Thursday morning,Weiss Ratings reports.

Several other equities analysts have also recently commented on the stock. TD Cowen assumed coverage on shares of Vistra in a research report on Thursday, October 16th. They issued a “buy” rating and a $250.00 target price for the company. Jefferies Financial Group restated a “hold” rating and issued a $230.00 target price (down from $241.00) on shares of Vistra in a research report on Monday, September 22nd. Wells Fargo & Company assumed coverage on shares of Vistra in a research report on Monday. They set an “overweight” rating and a $238.00 price objective for the company. Melius Research upgraded shares of Vistra to a “strong-buy” rating in a research report on Wednesday, August 20th. Finally, Melius assumed coverage on shares of Vistra in a research report on Wednesday, August 20th. They set a “buy” rating and a $295.00 price objective for the company. Four investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Vistra presently has an average rating of “Buy” and an average price target of $229.93.

Vistra Price Performance

Shares of NYSE:VST opened at $189.47 on Thursday. The firm has a 50 day moving average of $199.53 and a 200-day moving average of $181.16. The stock has a market capitalization of $64.20 billion, a PE ratio of 30.22, a PEG ratio of 2.83 and a beta of 1.33. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 6.58. Vistra has a 12 month low of $90.51 and a 12 month high of $219.82.

Vistra (NYSE:VST) last issued its earnings results on Thursday, August 7th. The company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.63 by ($0.62). The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 108.41%. On average, equities research analysts predict that Vistra will post 7 EPS for the current fiscal year.

Insiders Place Their Bets

In other Vistra news, CEO James A. Burke sold 20,473 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $203.64, for a total transaction of $4,169,121.72. Following the sale, the chief executive officer directly owned 298,967 shares of the company’s stock, valued at $60,881,639.88. The trade was a 6.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 714,269 shares of company stock worth $146,232,604. Insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Vistra

A number of institutional investors have recently added to or reduced their stakes in VST. Banque Transatlantique SA grew its holdings in Vistra by 132.0% during the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock worth $25,000 after acquiring an additional 132 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in Vistra during the 3rd quarter worth approximately $25,000. Quent Capital LLC bought a new stake in Vistra during the 3rd quarter worth approximately $25,000. HM Payson & Co. grew its holdings in Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company’s stock worth $27,000 after acquiring an additional 168 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Vistra during the 2nd quarter worth approximately $28,000. 90.88% of the stock is owned by institutional investors.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.