Vistra (VST) Projected to Post Quarterly Earnings on Thursday

Vistra (NYSE:VST) is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Vistra to post earnings of $0.85 per share and revenue of $4.01 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Vistra Stock Performance

VST stock opened at $169.36 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The business’s fifty day simple moving average is $159.73 and its two-hundred day simple moving average is $131.14. Vistra has a twelve month low of $45.52 and a twelve month high of $199.84. The firm has a market cap of $57.62 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 1.15 and a beta of 1.22.

Vistra announced that its board has authorized a share repurchase program on Thursday, November 7th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms have weighed in on VST. Morgan Stanley increased their target price on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Evercore ISI began coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. UBS Group raised their price target on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. BMO Capital Markets raised their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Finally, Bank of America began coverage on Vistra in a research note on Monday, January 27th. They set a “neutral” rating and a $206.00 price target on the stock. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $171.64.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Stephen J. Muscato sold 207,100 shares of Vistra stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $161.34, for a total value of $33,413,514.00. Following the transaction, the executive vice president now owns 318,287 shares in the company, valued at $51,352,424.58. The trade was a 39.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Scott A. Hudson sold 115,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $164.16, for a total value of $18,878,400.00. Following the completion of the sale, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at approximately $41,849,637.12. This represents a 31.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 342,100 shares of company stock worth $55,087,314 over the last quarter. Insiders own 1.42% 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.