Vista Energy (NYSE:VIST) Stock Gets Downgrade from Wall Street Zen

Key Points

• Wall Street Zen downgraded Vista Energy from “buy” to “hold.” Despite the change, MarketBeat reports an overall “Buy” consensus and an average price target of $82.04.
• Vista Energy reported quarterly EPS of $2.16, missing the $2.79 analyst estimate, while revenue of $1.29 billion exceeded expectations of $1.14 billion.
• Shares traded at $55.87 on Friday, well below their 52-week high of $81.44.

Vista Energy (NYSE:VIST - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Sunday, Wall Street Zen reports.

Several other equities research analysts also recently issued reports on the stock. Weiss Ratings downgraded shares of Vista Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Monday, November 9th. JPMorgan Chase & Co. cut their target price on shares of Vista Energy from $94.00 to $87.00 and set an "overweight" rating on the stock in a research note on Thursday, October 29th. Finally, Zacks Research upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Friday, October 30th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $82.04.

Vista Energy Price Performance

VIST traded up $0.38 on Friday, hitting $55.87. 1,376,025 shares of the company were exchanged, compared to its average volume of 1,111,479. Vista Energy has a fifty-two week low of $43.71 and a fifty-two week high of $81.44. The firm has a market capitalization of $6.18 billion, a P/E ratio of 7.77, a price-to-earnings-growth ratio of 0.58 and a beta of 0.58. The business's fifty day moving average is $68.40 and its 200 day moving average is $67.26. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.71 and a current ratio of 0.72.

Vista Energy (NYSE:VIST - Get Free Report) last posted its earnings results on Wednesday, October 28th. The company reported $2.16 EPS for the quarter, missing analysts' consensus estimates of $2.79 by ($0.63). Vista Energy had a return on equity of 20.79% and a net margin of 19.66%. The firm had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.14 billion. As a group, sell-side analysts anticipate that Vista Energy will post 10.05 EPS for the current year.

Institutional Investors Weigh In On Vista Energy

A number of hedge funds have recently added to or reduced their stakes in VIST. Cape Ann Asset Management Ltd grew its position in shares of Vista Energy by 16.9% during the third quarter. Cape Ann Asset Management Ltd now owns 1,144,893 shares of the company's stock worth $74,819,000 after acquiring an additional 165,200 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in Vista Energy in the 3rd quarter valued at about $36,000. Insigneo Advisory Services LLC lifted its position in Vista Energy by 79.9% in the 3rd quarter. Insigneo Advisory Services LLC now owns 35,357 shares of the company's stock valued at $2,311,000 after purchasing an additional 15,708 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in Vista Energy in the 3rd quarter valued at about $264,000. Finally, First Trust Advisors LP acquired a new position in Vista Energy during the 3rd quarter valued at about $1,128,000. 63.81% of the stock is currently owned by institutional investors.

About Vista Energy

Vista Energy is an independent energy company focused on the exploration, development and production of oil and natural gas in Argentina. Its operations are concentrated in the Vaca Muerta shale formation, one of the country's major unconventional oil and gas regions. The company produces crude oil, natural gas and natural gas liquids, serving domestic and international markets. It was established in 2017 by Miguel Galuccio, its chief executive officer, and began operations the following year.

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