Vista Energy (NYSE:VIST) Shares Gap Up - Should You Buy?

Key Points

• Vista Energy's stock gapped up from $33.70 to $37.29 before closing at $36.97, with a trading volume of 661,722 shares.
• Analysts have upgraded their ratings on Vista Energy, with Zacks Research and Wall Street Zen changing their rating to "hold," while UBS Group rated it as "strong-buy," leading to an average rating of "Buy" with a price target of $65.10.
• Vista Energy reported quarterly earnings of $0.55 EPS, missing expectations, but confirmed revenue of $610.54 million, outperforming the forecast of $572.37 million.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $33.70, but opened at $37.29. Vista Energy shares last traded at $36.97, with a volume of 661,722 shares traded.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VIST. Wall Street Zen upgraded Vista Energy from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. Zacks Research upgraded Vista Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Finally, UBS Group upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. Two investment 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 stock. According to MarketBeat.com, Vista Energy has an average rating of "Buy" and an average price target of $65.10.

Vista Energy Price Performance

The stock has a market cap of $3.59 billion, a P/E ratio of 6.76 and a beta of 1.10. The company has a 50 day simple moving average of $40.85 and a 200 day simple moving average of $44.91. 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 (NYSE:VIST - Get Free Report) last released its earnings results 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 the consensus estimate of $572.37 million. Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. Sell-side analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vista Energy

Institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Vista Energy in the 2nd quarter valued at approximately $163,000. Channing Global Advisors LLC raised its stake in shares of Vista Energy by 47.6% during the 2nd quarter. Channing Global Advisors LLC now owns 4,534 shares of the company's stock worth $217,000 after purchasing an additional 1,462 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Vista Energy by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock worth $230,000 after purchasing an additional 632 shares in the last quarter. SeaCrest Wealth Management LLC bought a new stake in shares of Vista Energy during the 1st quarter worth approximately $245,000. Finally, Amundi bought a new stake in shares of Vista Energy during the 1st quarter worth approximately $229,000. 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.