Vista Energy (NYSE:VIST) Trading Up 5.8% – Still a Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s stock price traded up 5.8% during mid-day trading on Wednesday . The company traded as high as $43.77 and last traded at $42.73. 471,093 shares were traded during trading, a decline of 53% from the average session volume of 1,004,515 shares. The stock had previously closed at $40.38.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on VIST. UBS Group reaffirmed a “neutral” rating and set a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. JPMorgan Chase & Co. boosted their target price on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, January 10th. Pickering Energy Partners began coverage on Vista Energy in a research note on Monday, April 7th. They issued an “outperform” rating for the company. The Goldman Sachs Group assumed coverage on Vista Energy in a report on Friday, February 21st. They set a “buy” rating and a $65.40 target price for the company. Finally, Citigroup upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price target on the stock in a research note on Thursday, February 13th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $64.73.

Vista Energy Stock Performance

The stock has a 50-day moving average price of $46.54 and a 200 day moving average price of $50.60. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 8.65, a P/E/G ratio of 0.83 and a beta of 1.22.

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

Institutional Investors Weigh In On Vista Energy

Several hedge funds and other institutional investors have recently bought and sold shares of VIST. State Street Corp increased its position in shares of Vista Energy by 53.9% during the third quarter. State Street Corp now owns 100,965 shares of the company’s stock worth $4,461,000 after purchasing an additional 35,342 shares in the last quarter. Lebenthal Global Advisors LLC acquired a new position in Vista Energy during the fourth quarter worth approximately $343,000. William Blair Investment Management LLC lifted its stake in Vista Energy by 27.8% in the fourth quarter. William Blair Investment Management LLC now owns 1,022,172 shares of the company’s stock valued at $55,307,000 after buying an additional 222,165 shares during the last quarter. US Bancorp DE acquired a new stake in shares of Vista Energy in the fourth quarter valued at approximately $1,019,000. Finally, Aubrey Capital Management Ltd purchased a new position in shares of Vista Energy during the fourth quarter worth approximately $498,000. 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.