Vista Energy (NYSE:VIST) Downgraded to Sell Rating by Wall Street Zen

Key Points

• Vista Energy was downgraded from a "hold" to a "sell" rating by Wall Street Zen, despite a recent upgrade to a "strong buy" by UBS Group.
• Vista Energy's shares fell 4.4% and the company reported earnings of $0.55 per share, significantly missing analysts' consensus estimate of $2.15.
• Institutional investors have shown increased interest, with several firms raising their stakes in Vista Energy during the first quarter of the year.

Vista Energy (NYSE:VIST - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday.

Separately, UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. One equities research analyst has rated the stock with a sell rating, four have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $65.68.

Vista Energy Trading Down 1.5%

Shares of Vista Energy stock traded down $0.64 during trading on Friday, reaching $42.33. 776,471 shares of the company were exchanged, compared to its average volume of 978,154. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.89. Vista Energy has a twelve month low of $32.11 and a twelve month high of $61.67. The business has a 50-day moving average price of $47.38 and a 200-day moving average price of $47.63. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 7.64 and a beta of 0.97.

Vista Energy (NYSE:VIST - Get Free Report) last announced its quarterly earnings data on Thursday, July 10th. The company reported $0.55 EPS 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 company had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million. Sell-side analysts anticipate that Vista Energy will post 5.74 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Legal & General Group Plc lifted its holdings in Vista Energy by 32.9% during the fourth quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock worth $123,000 after acquiring an additional 562 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in Vista Energy during the fourth quarter worth about $209,000. Amundi bought a new position in Vista Energy during the first quarter worth about $229,000. Oppenheimer & Co. Inc. lifted its holdings in Vista Energy by 14.6% during the first quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock worth $230,000 after acquiring an additional 632 shares in the last quarter. Finally, SeaCrest Wealth Management LLC bought a new position in Vista Energy during the first quarter worth about $245,000. 63.81% of the stock is currently owned by institutional investors.

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