Vista Energy (NYSE:VIST) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Vista Energy from “hold” to “buy.” The analyst consensus is also “Buy,” with a consensus price target of $82.04.
• Vista Energy’s latest quarter showed mixed results: earnings per share of $2.16 missed the $2.79 estimate, while revenue of $1.29 billion exceeded the $1.14 billion consensus.

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

A number of other research analysts have also issued reports on the stock. Weiss Ratings upgraded shares of Vista Energy from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, October 16th. JPMorgan Chase & Co. cut their target price on shares of Vista Energy from $94.00 to $87.00 and set an "overweight" rating for the company in a report on Thursday, October 29th. Finally, Zacks Research upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a research 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 company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $82.04.

Vista Energy Stock Up 0.2%

VIST opened at $57.47 on Friday. The company has a market cap of $6.36 billion, a PE ratio of 7.99, a price-to-earnings-growth ratio of 0.70 and a beta of 0.58. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.71 and a current ratio of 0.72. The firm has a 50 day moving average price of $70.15 and a 200 day moving average price of $67.20. Vista Energy has a 1 year low of $43.71 and a 1 year high of $81.44.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.79 by ($0.63). The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.14 billion. Vista Energy had a return on equity of 20.79% and a net margin of 19.66%. Sell-side analysts expect that Vista Energy will post 10.05 earnings per share for the current year.

Institutional Investors Weigh In On Vista Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Ninety One UK Ltd raised its holdings in shares of Vista Energy by 16.9% in the 3rd quarter. Ninety One UK Ltd now owns 2,212,079 shares of the company's stock valued at $144,559,000 after acquiring an additional 320,074 shares in the last quarter. Lazard Asset Management LLC bought a new stake in Vista Energy in the first quarter worth $102,610,000. TT International Asset Management LTD grew its holdings in Vista Energy by 9,790.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,087,935 shares of the company's stock worth $71,097,000 after acquiring an additional 1,076,935 shares in the last quarter. Cape Ann Asset Management Ltd grew its holdings in shares of Vista Energy by 35.1% during the first quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company's stock valued at $70,326,000 after buying an additional 241,942 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Vista Energy by 824.7% during the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company's stock worth $70,066,000 after acquiring an additional 827,997 shares in the last quarter. Institutional investors own 63.81% of the company's stock.

About Vista Energy

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company's operations are centered on Argentina's Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.

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