Vista Energy (NYSE:VIST) Hits New 1-Year Low - Here's Why

Key Points

• Vista Energy shares hit a new 52-week low at $31.63 during trading, significantly dropping from a previous close of $38.08.
• Equities analysts have recently upgraded Vista Energy's ratings, with two firms rating it as a Strong Buy and a consensus rating of Buy, alongside an average target price of $65.68.
• In its last quarterly earnings report, Vista Energy missed EPS estimates, posting $0.55 compared to a consensus of $2.15, but exceeded revenue expectations with $610.54 million generated.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $31.63 and last traded at $34.97, with a volume of 2115474 shares. The stock had previously closed at $38.08.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on VIST shares. Wall Street Zen upgraded Vista Energy from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Zacks Research upgraded Vista Energy from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Finally, UBS Group upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $65.68.

Vista Energy Stock Performance

The firm has a 50 day moving average of $42.24 and a two-hundred day moving average of $45.46. The stock has a market cap of $3.41 billion, a P/E ratio of 6.45 and a beta of 1.10. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.41 and a current ratio of 0.41.

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 firm had revenue of $610.54 million during the quarter, compared to the consensus estimate of $572.37 million. On average, research analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current fiscal year.

Institutional Trading of Vista Energy

A number of hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of Vista Energy by 6.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,989,929 shares of the company's stock worth $142,949,000 after acquiring an additional 171,718 shares during the period. Ninety One UK Ltd lifted its position in shares of Vista Energy by 74.0% in the 2nd quarter. Ninety One UK Ltd now owns 1,337,817 shares of the company's stock worth $63,961,000 after acquiring an additional 568,955 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Vista Energy by 2,843.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,150,422 shares of the company's stock worth $53,565,000 after acquiring an additional 1,111,341 shares during the period. Vontobel Holding Ltd. lifted its position in shares of Vista Energy by 16.1% in the 2nd quarter. Vontobel Holding Ltd. now owns 1,017,790 shares of the company's stock worth $48,661,000 after acquiring an additional 141,066 shares during the period. Finally, Encompass Capital Advisors LLC lifted its position in shares of Vista Energy by 24.4% in the 1st quarter. Encompass Capital Advisors LLC now owns 1,016,319 shares of the company's stock worth $47,320,000 after acquiring an additional 199,221 shares during the period. Institutional investors 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.