Absolute Gestao de Investimentos Ltda. Acquires Shares of 15,000 Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Absolute Gestao de Investimentos Ltda. acquired 15,000 shares of Vista Energy valued at approximately $698,000, marking a notable new investment in the company.
• Vista Energy received varied analyst ratings, with UBS Group upgrading it to a "strong-buy," while others downgraded it to a "sell," reflecting mixed sentiment about its market performance.
• After missing earnings estimates with an EPS of $0.55 against a consensus of $2.15, Vista Energy reported revenue of $610.54 million for the quarter.

Absolute Gestao de Investimentos Ltda. bought a new position in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 15,000 shares of the company's stock, valued at approximately $698,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIST. Legal & General Group Plc boosted its holdings in Vista Energy by 32.9% during the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock valued at $123,000 after acquiring an additional 562 shares during the period. Oppenheimer & Co. Inc. raised its position in Vista Energy by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after purchasing an additional 632 shares in the last quarter. SeaCrest Wealth Management LLC bought a new position in shares of Vista Energy in the 1st quarter worth $245,000. Deutsche Bank AG raised its position in shares of Vista Energy by 9.6% in the 1st quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock worth $313,000 after acquiring an additional 590 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new position in shares of Vista Energy in the 4th quarter worth $348,000. Hedge funds and other institutional investors own 63.81% of the company's stock.

Vista Energy Trading Up 0.4%

Vista Energy stock traded up $0.1550 during mid-day trading on Thursday, hitting $40.3850. The company's stock had a trading volume of 689,570 shares, compared to its average volume of 973,875. The firm has a market capitalization of $3.84 billion, a PE ratio of 7.28 and a beta of 0.97. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 1 year low of $32.11 and a 1 year high of $61.67. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.89. The stock's fifty day moving average is $46.19 and its two-hundred day moving average is $47.11.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings results on Thursday, July 10th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $2.15 by ($1.60). The firm had revenue of $610.54 million for the quarter, compared to analysts' expectations of $572.37 million. Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. On average, analysts anticipate that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current year.

Analyst Ratings Changes

VIST has been the topic of several recent analyst reports. Wall Street Zen lowered Vista Energy from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. UBS Group upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $65.68.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.