Vista Energy (NYSE:VIST) Shares Down 3.6% - What's Next?

Key Points

• Vista Energy shares fell 3.6% to about $68.11, with trading volume down 78% from the average session level.
• Analyst sentiment remains broadly positive: five analysts rate the stock Buy versus one Sell, producing a “Moderate Buy” consensus and an average price target of $83.24.
• The company’s latest quarterly earnings missed expectations, with EPS of $2.38 versus $3.15 forecast, although revenue of $1.23 billion exceeded estimates; institutional investors own 63.81% of the stock.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report)'s stock price dropped 3.6% during trading on Tuesday . The company traded as low as $67.52 and last traded at $68.1060. Approximately 287,202 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 1,291,303 shares. The stock had previously closed at $70.66.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VIST shares. HSBC began coverage on Vista Energy in a report on Sunday, June 14th. They set a "buy" rating and a $95.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on Vista Energy from $89.00 to $93.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 12th. Weiss Ratings raised Vista Energy from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, August 17th. Zacks Research lowered Vista Energy from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 4th. Finally, UBS Group upped their price target on Vista Energy from $86.00 to $87.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Vista Energy currently has a consensus rating of "Moderate Buy" and an average price target of $83.24.

Vista Energy Stock Down 4.1%

The stock has a market capitalization of $7.07 billion, a PE ratio of 8.94, a PEG ratio of 0.58 and a beta of 0.62. The firm's fifty day moving average is $66.25 and its 200-day moving average is $66.83. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84.

Vista Energy (NYSE:VIST - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. On average, equities research analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 9.54 earnings per share for the current year.

Hedge Funds Weigh In On Vista Energy

Large investors have recently made changes to their positions in the stock. Operose Advisors LLC purchased a new stake in Vista Energy during the second quarter worth about $32,000. EverSource Wealth Advisors LLC boosted its stake in shares of Vista Energy by 46.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company's stock worth $39,000 after acquiring an additional 163 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Vista Energy by 1,009.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company's stock worth $25,000 after acquiring an additional 656 shares during the period. Platinum Investment Management Ltd. acquired a new stake in shares of Vista Energy in the 4th quarter worth approximately $67,000. Finally, DV Trading LLC purchased a new position in Vista Energy in the 1st quarter valued at approximately $226,000. Hedge funds and other institutional investors own 63.81% of the company's stock.

Vista Energy Company 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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