Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Short Interest Down 20.6% in April

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,354,096 shares, a drop of 20.6% from the March 31st total of 2,965,088 shares. Based on an average daily volume of 1,492,318 shares, the short-interest ratio is presently 1.6 days. Currently, 2.3% of the company’s shares are sold short.

Analysts Set New Price Targets

VIST has been the topic of several analyst reports. JPMorgan Chase & Co. raised their price target on shares of Vista Energy from $69.00 to $89.00 and gave the stock an “overweight” rating in a research note on Wednesday. Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their target price for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. Bank of America initiated coverage on shares of Vista Energy in a research report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 target price on the stock. Finally, Weiss Ratings raised shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat, Vista Energy has an average rating of “Buy” and an average target price of $73.80.

Vista Energy Trading Up 0.1%

Shares of VIST traded up $0.09 during mid-day trading on Thursday, hitting $74.46. The company had a trading volume of 1,376,001 shares, compared to its average volume of 1,212,226. The business’s 50-day simple moving average is $66.53 and its 200-day simple moving average is $55.08. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12. Vista Energy has a 1-year low of $31.63 and a 1-year high of $79.20. The stock has a market cap of $7.76 billion, a PE ratio of 10.89, a P/E/G ratio of 0.20 and a beta of 0.72.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by ($0.69). Vista Energy had a return on equity of 15.20% and a net margin of 25.65%.The company had revenue of $865.01 million during the quarter, compared to analyst estimates of $732.28 million. Sell-side analysts forecast that Vista Energy will post 13.56 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Stifel Financial Corp raised its holdings in Vista Energy by 4.7% in the fourth quarter. Stifel Financial Corp now owns 8,130 shares of the company’s stock valued at $396,000 after buying an additional 366 shares during the period. Geode Capital Management LLC raised its holdings in Vista Energy by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 26,436 shares of the company’s stock valued at $1,286,000 after buying an additional 645 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after buying an additional 656 shares during the period. Boston Partners raised its holdings in Vista Energy by 9.7% in the fourth quarter. Boston Partners now owns 10,764 shares of the company’s stock valued at $524,000 after buying an additional 953 shares during the period. Finally, Platinum Investment Management Ltd. purchased a new position in Vista Energy in the fourth quarter valued at approximately $67,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

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.