Vista Energy (NYSE:VIST) Stock Rating Lowered by Citigroup

Vista Energy (NYSE:VIST) was downgraded by research analysts at Citigroup from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, MarketBeat.com reports. They currently have a $50.00 price target on the stock, up from their prior price target of $40.00. Citigroup’s target price suggests a potential upside of 21.04% from the stock’s current price.

Separately, UBS Group reissued a “neutral” rating and issued a $47.00 target price (up from $40.00) on shares of Vista Energy in a report on Thursday, March 28th.

Vista Energy Price Performance

NYSE:VIST opened at $41.31 on Wednesday. Vista Energy has a 52 week low of $18.90 and a 52 week high of $44.25. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 10.41 and a beta of 1.97. The firm’s 50-day simple moving average is $38.86 and its 200 day simple moving average is $33.08. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.16 and a current ratio of 1.19.

Vista Energy (NYSE:VIST) last released its earnings results on Tuesday, February 20th. The company reported $2.52 EPS for the quarter, beating the consensus estimate of $1.54 by $0.98. Vista Energy had a net margin of 35.03% and a return on equity of 50.51%. The firm had revenue of $309.20 million for the quarter, compared to analyst estimates of $346.50 million. As a group, sell-side analysts predict that Vista Energy will post 6.28 earnings per share for the current year.

Institutional Investors Weigh In On Vista Energy

A number of hedge funds have recently made changes to their positions in VIST. Quantbot Technologies LP acquired a new stake in Vista Energy during the 2nd quarter worth approximately $41,000. Blue Trust Inc. boosted its position in Vista Energy by 4,205.7% during the 4th quarter. Blue Trust Inc. now owns 1,507 shares of the company’s stock worth $46,000 after buying an additional 1,472 shares during the period. Tower Research Capital LLC TRC boosted its position in Vista Energy by 89.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,009 shares of the company’s stock worth $48,000 after buying an additional 948 shares during the period. Legal & General Group Plc boosted its position in Vista Energy by 45.2% during the 4th quarter. Legal & General Group Plc now owns 1,938 shares of the company’s stock worth $57,000 after buying an additional 603 shares during the period. Finally, UBS Group AG boosted its position in Vista Energy by 68.0% during the 3rd quarter. UBS Group AG now owns 6,256 shares of the company’s stock worth $59,000 after buying an additional 2,532 shares during the period. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.