Vista Energy (NYSE:VIST) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s share price crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $66.96 and traded as low as $66.50. Vista Energy shares last traded at $66.95, with a volume of 1,726,190 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on VIST shares. Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. JPMorgan Chase & Co. decreased their price objective on Vista Energy from $94.00 to $87.00 and set an “overweight” rating for the company in a research note on Thursday, October 29th. Finally, Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $82.04.

Vista Energy Stock Down 5.0%

The firm has a market capitalization of $7.41 billion, a price-to-earnings ratio of 9.31, a P/E/G ratio of 0.62 and a beta of 0.68. The business’s 50-day moving average is $70.82 and its two-hundred day moving average is $66.96. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Wednesday, October 28th. The company reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.79 by ($0.63). The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.14 billion. Vista Energy had a return on equity of 22.38% and a net margin of 19.66%. On average, equities analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 10.19 earnings per share for the current year.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in VIST. Lazard Asset Management LLC acquired a new position in shares of Vista Energy in the 1st quarter valued at $102,610,000. TT International Asset Management LTD increased its position in shares of Vista Energy by 9,790.3% in the 3rd quarter. TT International Asset Management LTD now owns 1,087,935 shares of the company’s stock valued at $71,097,000 after buying an additional 1,076,935 shares in the last quarter. Bank of America Corp DE raised its stake in Vista Energy by 824.7% during 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. Walleye Capital LLC acquired a new stake in Vista Energy during the 1st quarter worth $28,803,000. Finally, RWC Asset Advisors US LLC acquired a new stake in Vista Energy during the 2nd quarter worth $23,346,000. 63.81% of the stock is owned by institutional investors.

Vista Energy Company Profile

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s operations are centered on Argentina’s Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.