Vista Energy, S.A.B. de C.V. (NYSE:VIST) Receives Average Recommendation of “Buy” from Analysts

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) have been given a consensus recommendation of “Buy” by the six brokerages that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $65.68.

A number of analysts have commented on the stock. UBS Group lowered their target price on shares of Vista Energy from $64.00 to $57.00 and set a “neutral” rating for the company in a report on Friday, May 16th. Pickering Energy Partners assumed coverage on Vista Energy in a research note on Monday, April 7th. They set an “outperform” rating for the company. Citigroup upgraded Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price for the company in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group assumed coverage on Vista Energy in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 target price for the company.

Hedge Funds Weigh In On Vista Energy

Several institutional investors and hedge funds have recently made changes to their positions in the company. Money Concepts Capital Corp increased its holdings in shares of Vista Energy by 2.4% in the fourth quarter. Money Concepts Capital Corp now owns 16,083 shares of the company’s stock worth $870,000 after acquiring an additional 380 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Vista Energy by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company’s stock worth $780,000 after acquiring an additional 410 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Vista Energy by 40.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock valued at $83,000 after purchasing an additional 441 shares during the period. Principal Securities Inc. grew its position in shares of Vista Energy by 16,166.7% in the 4th quarter. Principal Securities Inc. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 485 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Vista Energy by 32.9% in the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company’s stock valued at $123,000 after purchasing an additional 562 shares during the period. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Price Performance

Shares of VIST stock opened at $49.87 on Friday. The stock has a 50-day moving average price of $45.94 and a 200 day moving average price of $50.44. 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 cap of $4.75 billion, a price-to-earnings ratio of 9.66, a PEG ratio of 0.83 and a beta of 1.03. Vista Energy has a 12 month low of $32.11 and a 12 month high of $61.67.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.03). Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. The business had revenue of $420.80 million for the quarter, compared to analyst estimates of $472.61 million. Research analysts expect that Vista Energy will post 5.74 EPS for the current year.

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.