Vista Energy (NYSE:VIST) Trading 5.8% Higher – Should You Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s stock price was up 5.8% during mid-day trading on Wednesday . The company traded as high as $45.36 and last traded at $45.19. Approximately 234,942 shares changed hands during trading, a decline of 70% from the average daily volume of 783,464 shares. The stock had previously closed at $42.70.

Analyst Upgrades and Downgrades

VIST has been the topic of several analyst reports. UBS Group restated a “neutral” rating and issued a $64.00 price target (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. JPMorgan Chase & Co. increased their price objective on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. The Goldman Sachs Group initiated coverage on Vista Energy in a research note on Friday, February 21st. They set a “buy” rating and a $65.40 price target for the company. Finally, Citigroup raised Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price target for the company in a research note on Thursday, February 13th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $64.73.

Vista Energy Stock Up 10.0 %

The company has a 50 day moving average price of $53.13 and a two-hundred day moving average price of $51.54. The stock has a market cap of $4.47 billion, a PE ratio of 9.11, a PEG ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

Vista Energy (NYSE:VIST) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.67). The business had revenue of $471.32 million for the quarter, compared to analysts’ expectations of $464.55 million. Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. Analysts expect that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current year.

Institutional Trading of Vista Energy

Institutional investors have recently modified their holdings of the business. Principal Securities Inc. grew its holdings in Vista Energy by 16,166.7% during the 4th quarter. Principal Securities Inc. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 485 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Vista Energy by 40.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock worth $83,000 after buying an additional 441 shares during the period. GAMMA Investing LLC grew its holdings in shares of Vista Energy by 332.4% in the 4th quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock worth $116,000 after acquiring an additional 1,642 shares during the last quarter. Legal & General Group Plc grew its position in Vista Energy by 32.9% during the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company’s stock worth $123,000 after purchasing an additional 562 shares in the last quarter. Finally, FMR LLC lifted its position in Vista Energy by 3,262.5% in the 3rd quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after buying an additional 3,393 shares in the last quarter. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

About Vista Energy

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.