Vista Energy (NYSE:VIST) Stock Jumps 4.3% - What's Next?

Key Points

• Vista Energy shares rose 4.3% to approximately $68.26, although trading volume was 84% below the stock’s average daily level.
• Analyst sentiment remains favorable: five analysts rate the stock Buy and one rates it Hold, resulting in a “Moderate Buy” consensus and an average price target of $83.44.
• Vista’s latest quarter showed mixed results, with revenue of $1.23 billion exceeding estimates but EPS of $2.38 missing consensus; institutional investors own 63.81% of the company.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) shares rose 4.3% on Thursday. The company traded as high as $68.20 and last traded at $68.2630. Approximately 207,669 shares changed hands during trading, a decline of 84% from the average daily volume of 1,261,725 shares. The stock had previously closed at $65.43.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VIST. Weiss Ratings lowered shares of Vista Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, September 1st. Zacks Research upgraded Vista Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, September 29th. HSBC assumed coverage on Vista Energy in a report on Sunday, June 14th. They issued a "buy" rating and a $95.00 target price for the company. Finally, JPMorgan Chase & Co. raised their price target on shares of Vista Energy from $93.00 to $94.00 and gave the stock an "overweight" rating in a report on Tuesday, September 1st. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $83.44.

Vista Energy Trading Up 2.5%

The firm has a market capitalization of $6.99 billion, a price-to-earnings ratio of 8.84, a price-to-earnings-growth ratio of 0.57 and a beta of 0.68. The company has a fifty day moving average price of $70.01 and a 200-day moving average price of $69.52. 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 (NYSE:VIST - Get Free Report) last released its quarterly earnings data on Friday, July 17th. The company reported $2.38 EPS 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 analyst estimates of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. On average, equities research analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 9.18 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VIST. Lazard Asset Management LLC acquired a new stake in shares of Vista Energy in the 1st quarter valued at $102,610,000. Cape Ann Asset Management Ltd raised its holdings in Vista Energy by 35.1% during the first quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company's stock valued at $70,326,000 after buying an additional 241,942 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Vista Energy by 824.7% in the first quarter. Bank of America Corp DE now owns 928,394 shares of the company's stock worth $70,066,000 after buying an additional 827,997 shares during the last quarter. Gemsstock Ltd. lifted its position in shares of Vista Energy by 97.7% in the fourth quarter. Gemsstock Ltd. now owns 613,017 shares of the company's stock worth $29,829,000 after buying an additional 302,902 shares during the last quarter. Finally, CI Investments Inc. boosted its stake in shares of Vista Energy by 57.3% during the 1st quarter. CI Investments Inc. now owns 456,186 shares of the company's stock worth $34,428,000 after acquiring an additional 166,230 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. is an independent energy company focused on the exploration, development and production of oil and natural gas. The company's portfolio is centered on unconventional resources, particularly shale oil and gas, and includes drilling, operating and developing upstream energy assets.

Vista's principal activities are concentrated in Argentina's Vaca Muerta formation, one of the world's major shale hydrocarbon regions. The company also has operations and assets in Mexico, giving it a presence in key Latin American energy markets.

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