Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts rate Vista Energy a “Moderate Buy”: Five of six analysts recommend buying the stock, while one rates it a sell. The average 12-month price target is $83.44, above its recent price of $72.33.
• Institutional ownership is substantial: Hedge funds and other institutional investors own 63.81% of Vista Energy, with several firms initiating positions and Bank of America increasing its holdings by more than 800%.
• Recent earnings were mixed: Vista missed quarterly EPS expectations ($2.38 versus $3.15 forecast), but revenue exceeded estimates at $1.23 billion compared with $1.19 billion expected.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $83.44.

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Vista Energy from $93.00 to $94.00 and gave the stock an "overweight" rating in a report on Tuesday, September 1st. HSBC started coverage on Vista Energy in a report on Sunday, June 14th. They set a "buy" rating and a $95.00 price target for the company. Weiss Ratings downgraded Vista Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, September 1st. Finally, Zacks Research cut Vista Energy from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 4th.

Institutional Investors Weigh In On Vista Energy

A number of hedge funds have recently bought and sold shares of VIST. Engineers Gate Manager LP purchased a new position in shares of Vista Energy in the 2nd quarter worth $2,303,000. Absolute Gestao de Investimentos Ltda. purchased a new stake in shares of Vista Energy during the 2nd quarter valued at about $2,233,000. Public Employees Retirement System of Ohio bought a new position in shares of Vista Energy in the 2nd quarter valued at about $2,120,000. Janus Henderson Group PLC bought a new position in shares of Vista Energy in the 1st quarter valued at about $5,136,000. Finally, Bank of America Corp DE grew its position in Vista Energy by 824.7% in the first 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. Hedge funds and other institutional investors own 63.81% of the company's stock.

Vista Energy Stock Performance

VIST opened at $72.33 on Friday. The stock has a market capitalization of $7.54 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 0.65 and a beta of 0.63. The company has a fifty day moving average of $69.69 and a 200 day moving average of $69.13. Vista Energy has a fifty-two week low of $33.37 and a fifty-two week high of $81.44. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69.

Vista Energy (NYSE:VIST - Get Free Report) last announced its quarterly earnings results on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, sell-side analysts forecast that Vista Energy will post 8.88 earnings per share for the current fiscal year.

Vista Energy Company Profile

Vista Energy is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company's portfolio is focused primarily on unconventional resources in Argentina's Vaca Muerta shale formation, where it develops oil and gas wells and related production infrastructure.

Vista's operations include drilling, completion, processing and transportation activities, as well as the marketing of crude oil, natural gas and associated hydrocarbons. Its assets are concentrated in the Neuquén Basin, including the Bajada del Palo development, one of the company's principal operating areas.

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