Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Sees Significant Decrease in Short Interest

Key Points

• Short interest in Vista Energy has decreased by 19.0%, with the total amount of shorted shares dropping from 3,100,000 to 2,510,000 as of August 31st.
• Several analysts have upgraded Vista Energy's stock ratings, with UBS Group changing it from a "hold" to a "strong-buy" rating, while the overall average rating now stands at "Buy".
• Despite a significant quarterly earnings miss, the company's revenue exceeded expectations at $610.54 million, indicating strong operational performance amid challenging market conditions.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 2,510,000 shares, a drop of 19.0% from the August 15th total of 3,100,000 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,030,000 shares, the short-interest ratio is presently 2.4 days. Based on an average daily trading volume, of 1,030,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On Vista Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD raised its holdings in shares of Vista Energy by 2,843.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,150,422 shares of the company's stock valued at $53,565,000 after buying an additional 1,111,341 shares during the last quarter. Ninety One UK Ltd increased its position in Vista Energy by 74.0% in the 2nd quarter. Ninety One UK Ltd now owns 1,337,817 shares of the company's stock valued at $63,961,000 after acquiring an additional 568,955 shares during the period. Itau Unibanco Holding S.A. raised its stake in Vista Energy by 356.1% during the 2nd quarter. Itau Unibanco Holding S.A. now owns 550,435 shares of the company's stock valued at $26,316,000 after acquiring an additional 429,740 shares in the last quarter. Carrhae Capital LLP bought a new position in shares of Vista Energy in the second quarter worth $19,152,000. Finally, WCM Investment Management LLC grew its stake in shares of Vista Energy by 102.2% in the second quarter. WCM Investment Management LLC now owns 766,219 shares of the company's stock worth $36,962,000 after purchasing an additional 387,257 shares in the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Stock Performance

VIST traded up $2.95 during trading hours on Monday, hitting $36.65. 2,431,993 shares of the stock were exchanged, compared to its average volume of 1,387,884. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of 6.60 and a beta of 1.10. The stock has a 50-day simple moving average of $40.85 and a 200-day simple moving average of $44.91. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41. Vista Energy has a 12 month low of $31.63 and a 12 month high of $61.67.

Vista Energy (NYSE:VIST - Get Free Report) last issued its earnings results on Thursday, July 10th. The company reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60). Vista Energy had a return on equity of 12.02% and a net margin of 29.12%.The business had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million. Analysts anticipate that Vista Energy will post 5.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VIST. Zacks Research upgraded shares of Vista Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Wall Street Zen upgraded Vista Energy from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Finally, UBS Group upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $65.10.

Vista Energy Company Profile

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