Vista Energy (NYSE:VIST) PT Lowered to $68.00 at Bank of America

Vista Energy (NYSE:VIST) had its price objective reduced by Bank of America from $70.00 to $68.00 in a research report sent to investors on Wednesday, Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages have also recently weighed in on VIST. UBS Group lifted their price objective on shares of Vista Energy from $50.00 to $55.00 and gave the stock a neutral rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. started coverage on shares of Vista Energy in a research note on Tuesday, August 20th. They issued an overweight rating and a $68.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus target price of $58.80.

Vista Energy Price Performance

Shares of Vista Energy stock opened at $47.39 on Wednesday. Vista Energy has a twelve month low of $25.00 and a twelve month high of $52.47. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.50. The company has a 50-day simple moving average of $47.27 and a two-hundred day simple moving average of $44.86. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 10.97, a price-to-earnings-growth ratio of 0.38 and a beta of 1.81.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Thursday, July 11th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $1.40 by ($0.66). Vista Energy had a return on equity of 38.04% and a net margin of 33.08%. The business had revenue of $396.72 million during the quarter, compared to analyst estimates of $397.46 million. Analysts forecast that Vista Energy will post 6.2 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Blue Trust Inc. raised its position in shares of Vista Energy by 5,683.1% in the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after buying an additional 3,353 shares in the last quarter. Rhumbline Advisers increased its position in Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after purchasing an additional 1,208 shares in the last quarter. Custom Index Systems LLC acquired a new position in Vista Energy during the 2nd quarter worth approximately $343,000. Baader Bank Aktiengesellschaft acquired a new position in Vista Energy during the 2nd quarter worth approximately $354,000. Finally, Commonwealth Equity Services LLC increased its position in Vista Energy by 18.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after purchasing an additional 1,359 shares in the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Company Profile

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.