Vista Energy (NYSE:VIST) Trading 5.8% Higher – Should You Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST) rose 5.8% during mid-day trading on Wednesday . The stock traded as high as $45.36 and last traded at $45.19. Approximately 234,942 shares traded hands during trading, a decline of 70% from the average daily volume of 783,464 shares. The stock had previously closed at $42.70.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VIST shares. UBS Group restated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. JPMorgan Chase & Co. increased their target price on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, January 10th. The Goldman Sachs Group started coverage on Vista Energy in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 price target on the stock. Finally, Citigroup upgraded Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price objective for the company in a report on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Vista Energy presently has a consensus rating of “Buy” and an average price target of $64.73.

Vista Energy Stock Performance

The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market capitalization of $4.52 billion, a P/E ratio of 9.20, a PEG ratio of 0.83 and a beta of 1.70. The business has a 50-day moving average price of $52.82 and a 200 day moving average price of $51.48.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.67). Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. The company had revenue of $471.32 million for the quarter, compared to analysts’ expectations of $464.55 million. As a group, sell-side analysts forecast that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current fiscal year.

Institutional Trading of Vista Energy

Several institutional investors have recently bought and sold shares of VIST. JPMorgan Chase & Co. raised its holdings in Vista Energy by 795.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock worth $123,604,000 after buying an additional 2,029,081 shares during the last quarter. TT International Asset Management LTD raised its holdings in Vista Energy by 2.3% in the 3rd quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after acquiring an additional 43,664 shares during the last quarter. Discovery Capital Management LLC CT lifted its position in Vista Energy by 4.9% in the 4th quarter. Discovery Capital Management LLC CT now owns 1,320,566 shares of the company’s stock valued at $71,456,000 after acquiring an additional 61,800 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its position in Vista Energy by 6.2% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,234,108 shares of the company’s stock valued at $66,778,000 after acquiring an additional 72,500 shares in the last quarter. Finally, Driehaus Capital Management LLC boosted its stake in Vista Energy by 10.9% during the 4th quarter. Driehaus Capital Management LLC now owns 1,185,669 shares of the company’s stock valued at $64,157,000 after purchasing an additional 116,920 shares during the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

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.