Vista Energy (NYSE:VIST) Shares Gap Down – Time to Sell?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s share price gapped down before the market opened on Monday . The stock had previously closed at $69.50, but opened at $66.89. Vista Energy shares last traded at $68.42, with a volume of 67,933 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on VIST shares. Weiss Ratings raised shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. JPMorgan Chase & Co. raised their price objective on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Zacks Research lowered shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. UBS Group boosted their target price on shares of Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, HSBC started coverage on shares of Vista Energy in a research note on Sunday, June 14th. They set a “buy” rating and a $95.00 price target for the company. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $83.24.

Vista Energy Price Performance

The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. The business has a 50-day moving average price of $68.60 and a 200 day moving average price of $64.78. The stock has a market cap of $6.72 billion, a PE ratio of 8.51, a PEG ratio of 0.55 and a beta of 0.63.

Vista Energy (NYSE:VIST) last posted its quarterly earnings results on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a return on equity of 20.26% and a net margin of 23.56%.The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. As a group, research analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

Several large investors have recently modified their holdings of VIST. Lazard Asset Management LLC bought a new stake in shares of Vista Energy in the first quarter valued at approximately $102,610,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Vista Energy in the 3rd quarter worth approximately $28,499,000. Bank of America Corp DE boosted its holdings in Vista Energy by 824.7% in the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock worth $70,066,000 after buying an additional 827,997 shares during the period. Capital Research Global Investors grew its stake in Vista Energy by 26.2% in the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after buying an additional 693,566 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Vista Energy by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after buying an additional 649,468 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

About Vista Energy

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.