Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Stock Has Consensus Target Price of $82.04 According to Brokerages

Key Points

• Analysts remain bullish: All six firms covering Vista Energy rate it Buy or Strong Buy, with an average 12-month price target of $82.04. JPMorgan cut its target from $94 to $87 but maintained an Overweight rating.
• Quarterly results were mixed: Vista reported EPS of $2.16, below the $2.79 consensus, while revenue of $1.29 billion exceeded analysts’ $1.14 billion estimate.
• Several institutional investors increased their holdings in the third quarter; hedge funds and other institutions collectively own 63.81% of Vista’s shares.

Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) have earned a consensus recommendation of "Buy" from the six research firms that are covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $82.04.

Several analysts have recently commented on VIST shares. Weiss Ratings raised Vista Energy from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, October 16th. JPMorgan Chase & Co. dropped their price objective on Vista Energy from $94.00 to $87.00 and set an "overweight" rating on the stock in a report on Thursday, October 29th. Wall Street Zen upgraded Vista Energy from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Zacks Research upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 30th.

Vista Energy Trading Up 0.2%

NYSE VIST opened at $57.47 on Friday. The stock has a market capitalization of $6.36 billion, a P/E ratio of 7.99, a P/E/G ratio of 0.60 and a beta of 0.58. Vista Energy has a 52-week low of $43.71 and a 52-week high of $81.44. The firm has a 50-day moving average price of $70.15 and a 200 day moving average price of $67.20. The company has a quick ratio of 0.71, a current ratio of 0.72 and a debt-to-equity ratio of 0.82.

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. increased its holdings in Vista Energy by 22.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 431,808 shares of the company's stock valued at $28,219,000 after acquiring an additional 79,229 shares in the last quarter. Candriam S.C.A. lifted its stake in Vista Energy by 147.2% in the 3rd quarter. Candriam S.C.A. now owns 240,800 shares of the company's stock valued at $15,794,000 after buying an additional 143,400 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in Vista Energy by 34.1% in the 3rd quarter. Pictet Asset Management Holding SA now owns 253,934 shares of the company's stock valued at $16,595,000 after buying an additional 64,516 shares in the last quarter. CenterBook Partners LP grew its holdings in Vista Energy by 34.4% during the 3rd quarter. CenterBook Partners LP now owns 21,077 shares of the company's stock valued at $1,377,000 after buying an additional 5,394 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in Vista Energy by 11.0% during the 3rd quarter. Kestra Advisory Services LLC now owns 3,624 shares of the company's stock valued at $237,000 after buying an additional 360 shares during the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

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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