Vista Energy (NYSE:VIST) Sets New 12-Month Low - What's Next?

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.

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

Analyst Upgrades and Downgrades

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

Vista Energy Price Performance

The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.89. The business's 50-day moving average is $43.40 and its two-hundred day moving average is $45.93. The company has a market capitalization of $3.35 billion, a P/E ratio of 6.33 and a beta of 1.10.

Vista Energy (NYSE:VIST - Get Free Report) last posted its quarterly earnings data on Thursday, July 10th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $2.15 by ($1.60). The firm had revenue of $610.54 million during the quarter, compared to analysts' expectations of $572.37 million. Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. As a group, analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current year.

Institutional Trading of Vista Energy

Hedge funds have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. raised its position in Vista Energy by 14.6% in 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 during the period. Ninety One UK Ltd increased its stake in shares of Vista Energy by 9.1% in the first quarter. Ninety One UK Ltd now owns 768,862 shares of the company's stock worth $35,798,000 after purchasing an additional 63,834 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Vista Energy by 795.7% in the fourth quarter. Ameriprise Financial Inc. now owns 195,454 shares of the company's stock worth $10,576,000 after purchasing an additional 173,632 shares in the last quarter. TT International Asset Management LTD increased its stake in shares of Vista Energy by 19.7% in the first quarter. TT International Asset Management LTD now owns 969,521 shares of the company's stock worth $45,141,000 after purchasing an additional 159,344 shares in the last quarter. Finally, Ping Capital Management Inc. purchased a new position in shares of Vista Energy in the first quarter worth about $1,401,000. 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.

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