Vista Energy (NYSE:VIST) Stock Price Down 9% – What’s Next?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) traded down 9% during mid-day trading on Wednesday . The company traded as low as $62.41 and last traded at $63.8320. 951,110 shares were traded during mid-day trading, a decline of 42% from the average session volume of 1,639,887 shares. The stock had previously closed at $70.13.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Zacks Research upgraded shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. The Goldman Sachs Group set a $53.20 target price on shares of Vista Energy in a research note on Wednesday, December 17th. UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and lifted their target price for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. Weiss Ratings upgraded shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Finally, Bank of America assumed coverage on shares of Vista Energy in a research note on Wednesday, February 4th. They issued a “buy” rating and a $88.00 target price for the company. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $68.55.

Vista Energy Price Performance

The stock’s 50 day moving average price is $62.50 and its two-hundred day moving average price is $51.45. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 0.68 and a beta of 0.72.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). Vista Energy had a return on equity of 15.65% and a net margin of 29.06%.The firm had revenue of $719.06 million during the quarter, compared to analyst estimates of $679.81 million. On average, equities research analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 EPS for the current year.

Institutional Trading of Vista Energy

Institutional investors and hedge funds have recently modified their holdings of the company. Ping Capital Management Inc. lifted its stake in shares of Vista Energy by 266.6% in the third quarter. Ping Capital Management Inc. now owns 123,900 shares of the company’s stock worth $4,262,000 after buying an additional 90,100 shares during the last quarter. Schwartz Investment Counsel Inc. acquired a new stake in shares of Vista Energy in the third quarter worth $1,032,000. Capital World Investors increased its position in Vista Energy by 1.2% during the third quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock worth $102,485,000 after acquiring an additional 36,549 shares during the period. Banco Santander S.A. increased its position in Vista Energy by 285.6% during the third quarter. Banco Santander S.A. now owns 30,086 shares of the company’s stock worth $1,035,000 after acquiring an additional 22,284 shares during the period. Finally, Artisan Partners Limited Partnership increased its position in Vista Energy by 15.9% during the third quarter. Artisan Partners Limited Partnership now owns 757,121 shares of the company’s stock worth $26,045,000 after acquiring an additional 103,601 shares during the period. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Company Profile

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.