Vista Energy (NYSE:VIST) Downgraded by Zacks Research to Strong Sell

Key Points

• Vista Energy has been downgraded from a "hold" rating to a "strong sell" rating by Zacks Research, indicating a significant shift in investor sentiment.
• Despite the downgrade, other analysts maintain mixed views, with Weiss Ratings issuing a "hold" and UBS Group giving it a "strong buy," reflecting divided opinions on the stock's future.
• As of Monday, Vista Energy's shares fell by 7.7%, with current trading at $35.22, marking a notable decline compared to a 12-month high of $61.67.

Vista Energy (NYSE:VIST - Get Free Report) was downgraded by investment analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a report released on Monday,Zacks.com reports.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of Vista Energy in a report on Tuesday. Wall Street Zen lowered shares of Vista Energy from a "hold" rating to a "sell" rating in a report on Saturday. Finally, UBS Group raised 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 given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $65.10.

Vista Energy Trading Down 7.7%

Shares of VIST opened at $35.22 on Monday. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.89. Vista Energy has a 12-month low of $31.63 and a 12-month high of $61.67. The firm has a 50-day moving average price of $38.11 and a 200 day moving average price of $43.70. The firm has a market capitalization of $3.35 billion, a P/E ratio of 6.35 and a beta of 0.97.

Institutional Trading of Vista Energy

Several hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in Vista Energy by 6.1% in the second quarter. JPMorgan Chase & Co. now owns 2,989,929 shares of the company's stock valued at $142,949,000 after acquiring an additional 171,718 shares in the last quarter. Ninety One UK Ltd raised its holdings in Vista Energy by 74.0% in the second 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 in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Vista Energy by 2,843.7% in 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 acquiring an additional 1,111,341 shares in the last quarter. Vontobel Holding Ltd. raised its holdings in Vista Energy by 16.1% in the second quarter. Vontobel Holding Ltd. now owns 1,017,790 shares of the company's stock valued at $48,661,000 after acquiring an additional 141,066 shares in the last quarter. Finally, Encompass Capital Advisors LLC raised its holdings in Vista Energy by 24.4% in the first quarter. Encompass Capital Advisors LLC now owns 1,016,319 shares of the company's stock valued at $47,320,000 after acquiring an additional 199,221 shares in the last quarter. Institutional investors and hedge funds own 63.81% of the company's stock.

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.

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