Vista Energy (NYSE:VIST) Trading Up 4.1% - Still a Buy?

Key Points

• Vista Energy shares rose 4.1% to about $74.41 in Tuesday trading, though volume was 61% below the stock’s average daily level.
• Analyst sentiment is generally positive: five analysts rate the stock Buy versus one Sell, resulting in a “Moderate Buy” consensus and an average price target of $83.24. Recent targets range from $87 to $95.
• The company exceeded revenue expectations with quarterly revenue of $1.23 billion but missed EPS estimates, reporting $2.38 versus the $3.15 consensus. Institutional investors own 63.81% of the shares, with several major funds recently increasing or initiating positions.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report)'s share price shot up 4.1% on Tuesday . The stock traded as high as $74.35 and last traded at $74.4140. Approximately 498,709 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 1,278,870 shares. The stock had previously closed at $71.46.

Analyst Ratings Changes

A number of brokerages recently commented on VIST. UBS Group raised their target price on Vista Energy from $86.00 to $87.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. HSBC started coverage on shares of Vista Energy in a report on Sunday, June 14th. They set a "buy" rating and a $95.00 price objective on the stock. Weiss Ratings upgraded Vista Energy from a "buy (b-)" rating to a "buy (b)" rating in a research note 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, JPMorgan Chase & Co. boosted their price objective on shares of Vista Energy from $89.00 to $93.00 and gave the company an "overweight" rating in a research note on Tuesday, May 12th. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $83.24.

Vista Energy Stock Performance

The firm has a market cap of $7.79 billion, a PE ratio of 9.88, a P/E/G ratio of 0.58 and a beta of 0.62. The stock has a 50-day moving average price of $66.38 and a 200 day moving average price of $67.33. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68.

Vista Energy (NYSE:VIST - Get Free Report) last issued its earnings results on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.15 by ($0.77). The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. Research analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 9.54 earnings per share for the current year.

Institutional Trading of Vista Energy

Hedge funds have recently made changes to their positions in the stock. Lazard Asset Management LLC acquired a new stake in shares of Vista Energy in the 1st quarter worth about $102,610,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Vista Energy in the third quarter worth approximately $28,499,000. Bank of America Corp DE boosted its stake in Vista Energy by 824.7% during the first quarter. Bank of America Corp DE now owns 928,394 shares of the company's stock valued at $70,066,000 after buying an additional 827,997 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Vista Energy by 26.2% in the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company's stock worth $162,321,000 after purchasing an additional 693,566 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Vista Energy by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company's stock valued at $176,843,000 after buying an additional 649,468 shares in the last quarter. 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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