Absolute Gestao de Investimentos Ltda. Takes Position in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Absolute Gestao de Investimentos acquired 35,000 Vista Energy shares worth approximately $2.23 million in the second quarter, while institutional investors overall own 63.81% of the stock.
• Vista Energy reported quarterly EPS of $2.38, below the $3.15 consensus estimate, but revenue of $1.23 billion exceeded expectations of $1.19 billion. Analysts expect full-year EPS of $8.88.
• Shares opened at $73.82, below the analyst consensus price target of $83.44. Wall Street maintains a “Moderate Buy” consensus, with five Buy ratings and one Sell rating.

Absolute Gestao de Investimentos Ltda. acquired a new stake in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 35,000 shares of the company's stock, valued at approximately $2,233,000. Vista Energy comprises about 0.2% of Absolute Gestao de Investimentos Ltda.'s holdings, making the stock its 26th largest holding.

Several other large investors also recently bought and sold shares of the business. Royal Bank of Canada grew its stake in shares of Vista Energy by 82.0% in the first quarter. Royal Bank of Canada now owns 9,424 shares of the company's stock worth $439,000 after acquiring an additional 4,246 shares during the period. Amundi bought a new position in shares of Vista Energy during the 1st quarter valued at $229,000. Goldman Sachs Group Inc. boosted its stake in shares of Vista Energy by 57.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company's stock worth $8,554,000 after buying an additional 67,189 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Vista Energy by 11.6% in the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company's stock worth $797,000 after acquiring an additional 1,731 shares during the period. Finally, Cetera Investment Advisers purchased a new stake in Vista Energy during the second quarter valued at $506,000. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Price Performance

NYSE VIST opened at $73.82 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 12 month low of $31.63 and a 12 month high of $81.44. The stock has a market cap of $7.70 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 0.66 and a beta of 0.63. The company's 50 day moving average is $67.17 and its two-hundred day moving average is $67.91.

Vista Energy (NYSE:VIST - Get Free Report) last posted its quarterly earnings results on Friday, July 17th. The company reported $2.38 earnings per share for the quarter, missing analysts' consensus estimates of $3.15 by ($0.77). The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. As a group, research analysts anticipate that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 8.88 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts 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 report on Tuesday, September 1st. Zacks Research cut shares of Vista Energy from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 4th. JPMorgan Chase & Co. increased their price target on shares of Vista Energy from $93.00 to $94.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 1st. Finally, HSBC initiated coverage on shares of Vista Energy in a research note on Sunday, June 14th. They set a "buy" rating and a $95.00 price target on the stock. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vista Energy has a consensus rating of "Moderate Buy" and a consensus price target of $83.44.

Vista Energy Profile

Vista Energy NYSE: VIST is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.

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