Vistra (NYSE:VST) PT Raised to $132.00

Vistra (NYSE:VST) had its price target hoisted by stock analysts at Morgan Stanley from $110.00 to $132.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s price objective would indicate a potential upside of 22.36% from the stock’s current price.

Other equities analysts have also issued reports about the company. Jefferies Financial Group began coverage on Vistra in a report on Friday, September 13th. They issued a “buy” rating and a $99.00 price objective for the company. BMO Capital Markets increased their price target on Vistra from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $104.50.

Vistra Trading Up 16.3 %

NYSE:VST opened at $107.88 on Monday. Vistra has a 12-month low of $31.16 and a 12-month high of $108.26. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.98 and a quick ratio of 0.88. The business has a 50 day simple moving average of $80.15 and a 200 day simple moving average of $80.85. The firm has a market capitalization of $37.48 billion, a P/E ratio of 66.18 and a beta of 1.08.

Vistra (NYSE:VST) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The firm had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the company posted $1.03 EPS. Equities research analysts predict that Vistra will post 4.52 EPS for the current year.

Institutional Trading of Vistra

Institutional investors have recently modified their holdings of the company. Atria Investments Inc bought a new stake in Vistra in the first quarter worth about $1,675,000. 3Chopt Investment Partners LLC grew its stake in shares of Vistra by 142.2% in the 4th quarter. 3Chopt Investment Partners LLC now owns 54,969 shares of the company’s stock worth $2,117,000 after purchasing an additional 32,276 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in Vistra by 41.2% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 115,600 shares of the company’s stock valued at $4,453,000 after purchasing an additional 33,738 shares during the last quarter. Stephens Inc. AR boosted its holdings in Vistra by 633.7% during the fourth quarter. Stephens Inc. AR now owns 58,668 shares of the company’s stock worth $2,260,000 after buying an additional 50,672 shares in the last quarter. Finally, Banco Santander S.A. acquired a new position in Vistra in the first quarter worth approximately $673,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.