Vista Energy (NYSE:VIST) Stock Price Down 2.3%

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s share price traded down 2.3% during mid-day trading on Tuesday . The stock traded as low as $46.64 and last traded at $46.72. 23,450 shares were traded during mid-day trading, a decline of 96% from the average session volume of 569,046 shares. The stock had previously closed at $47.80.

Analyst Upgrades and Downgrades

VIST has been the topic of a number of recent analyst reports. Bank of America dropped their target price on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday. UBS Group increased their price target on Vista Energy from $50.00 to $55.00 and gave the stock a “neutral” rating in a report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Vista Energy in a report on Tuesday, August 20th. They issued an “overweight” rating and a $68.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $58.80.

Vista Energy Stock Down 1.5 %

The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.76 and a current ratio of 0.77. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 10.87, a PEG ratio of 0.38 and a beta of 1.81. The firm has a fifty day moving average price of $47.26 and a 200 day moving average price of $44.76.

Vista Energy (NYSE:VIST) last released its earnings results on Thursday, July 11th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.66). The business had revenue of $396.72 million during the quarter, compared to analyst estimates of $397.46 million. Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. As a group, sell-side analysts expect that Vista Energy, S.A.B. de C.V. will post 6.2 EPS for the current fiscal year.

Institutional Trading of Vista Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. raised its holdings in Vista Energy by 5,683.1% during the second quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after purchasing an additional 3,353 shares during the last quarter. Rhumbline Advisers grew its holdings in Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after buying an additional 1,208 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in Vista Energy during the fourth quarter worth $303,000. Custom Index Systems LLC purchased a new position in Vista Energy during the second quarter worth $343,000. Finally, Baader Bank Aktiengesellschaft acquired a new position in shares of Vista Energy in the second quarter worth $354,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

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.