Citigroup Lowers Vista Energy (NYSE:VIST) to Neutral

Vista Energy (NYSE:VIST - Get Free Report) was downgraded by analysts at Citigroup from a "buy" rating to a "neutral" rating in a research report issued on Wednesday, Marketbeat Ratings reports. They currently have a $50.00 price objective on the stock, up from their previous price objective of $40.00. Citigroup's price objective would indicate a potential upside of 21.04% from the stock's previous close.

Separately, UBS Group reiterated a "neutral" rating and issued a $47.00 price target (up from $40.00) on shares of Vista Energy in a report on Thursday, March 28th.

Vista Energy Stock Performance

VIST traded down $0.87 during midday trading on Wednesday, reaching $41.31. The company had a trading volume of 344,059 shares, compared to its average volume of 500,119. The company has a market cap of $3.84 billion, a P/E ratio of 10.41 and a beta of 1.97. The company has a quick ratio of 1.16, a current ratio of 1.19 and a debt-to-equity ratio of 0.44. The business has a 50-day moving average of $38.48 and a two-hundred day moving average of $32.96. Vista Energy has a 1 year low of $18.90 and a 1 year high of $44.25.

Vista Energy (NYSE:VIST - Get Free Report) last announced its quarterly earnings results on Tuesday, February 20th. The company reported $2.52 EPS for the quarter, beating analysts' consensus estimates of $1.54 by $0.98. The company had revenue of $309.20 million during the quarter, compared to analyst estimates of $346.50 million. Vista Energy had a return on equity of 50.51% and a net margin of 35.03%. As a group, equities research analysts predict that Vista Energy will post 6.11 earnings per share for the current fiscal year.

Institutional Trading of Vista Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VIST. Raymond James & Associates increased its stake in Vista Energy by 5.2% during the 4th quarter. Raymond James & Associates now owns 12,125 shares of the company's stock worth $358,000 after buying an additional 601 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Vista Energy by 45.2% during the fourth quarter. Legal & General Group Plc now owns 1,938 shares of the company's stock worth $57,000 after buying an additional 603 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Vista Energy by 89.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,009 shares of the company's stock worth $48,000 after buying an additional 948 shares during the period. Atlas Capital Advisors LLC boosted its position in shares of Vista Energy by 6.9% during the second quarter. Atlas Capital Advisors LLC now owns 18,072 shares of the company's stock worth $436,000 after buying an additional 1,167 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of Vista Energy by 4,205.7% in the fourth quarter. Blue Trust Inc. now owns 1,507 shares of the company's stock valued at $46,000 after acquiring an additional 1,472 shares in the last quarter. Institutional investors and hedge funds own 63.81% of the company's stock.

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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.