Vista Energy (NYSE:VIST) Price Target Raised to $94.00

Vista Energy (NYSE:VIST) had its price target lifted by JPMorgan Chase & Co. from $93.00 to $94.00 in a research report sent to investors on Tuesday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research firms have also commented on VIST. HSBC assumed coverage on shares of Vista Energy in a report on Sunday, June 14th. They set a “buy” rating and a $95.00 price target for the company. UBS Group raised their price target on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings upgraded shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. Finally, Zacks Research downgraded shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vista Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.44.

Vista Energy Stock Performance

NYSE VIST opened at $74.71 on Tuesday. The company has a 50-day simple moving average of $66.99 and a two-hundred day simple moving average of $67.78. Vista Energy has a 12-month low of $31.63 and a 12-month high of $81.44. The firm has a market cap of $7.79 billion, a price-to-earnings ratio of 9.85, a PEG ratio of 0.64 and a beta of 0.63. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84.

Vista Energy (NYSE:VIST) last released its earnings results on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. On average, equities analysts forecast that Vista Energy will post 9.54 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. RWC Asset Advisors US LLC purchased a new stake in Vista Energy in the second quarter worth $23,346,000. Absolute Gestao de Investimentos Ltda. purchased a new position in Vista Energy during the 2nd quarter valued at $2,233,000. Operose Advisors LLC purchased a new position in Vista Energy during the 2nd quarter valued at $32,000. Breakout Capital Partners LP bought a new position in Vista Energy in the 2nd quarter worth $18,591,000. Finally, Concurrent Investment Advisors LLC bought a new position in Vista Energy in the 2nd quarter worth $267,000. 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.