Vista Energy (NYSE:VIST) Trading Down 4% - Time to Sell?

Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report)'s stock price dropped 4% during mid-day trading on Wednesday . The stock traded as low as $49.24 and last traded at $49.15. Approximately 336,319 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 889,584 shares. The stock had previously closed at $51.18.

Analyst Ratings Changes

VIST has been the subject of several recent research reports. UBS Group dropped their price target on shares of Vista Energy from $64.00 to $57.00 and set a "neutral" rating for the company in a research report on Friday, May 16th. The Goldman Sachs Group initiated coverage on shares of Vista Energy in a research report on Friday, February 21st. They issued a "buy" rating and a $65.40 price target for the company. Pickering Energy Partners initiated coverage on shares of Vista Energy in a research report on Monday, April 7th. They issued an "outperform" rating for the company. Finally, Citigroup raised shares of Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 price target for the company in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $65.68.

Vista Energy Trading Up 1.2%

The company has a market cap of $4.61 billion, a price-to-earnings ratio of 9.39, a price-to-earnings-growth ratio of 0.83 and a beta of 1.03. The company's fifty day moving average price is $45.86 and its two-hundred day moving average price is $50.46. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48.

Vista Energy (NYSE:VIST - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.03). The firm had revenue of $420.80 million for the quarter, compared to analyst estimates of $472.61 million. Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. Research analysts expect that Vista Energy, S.A.B. de C.V. will post 5.74 earnings per share for the current year.

Institutional Trading of Vista Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Money Concepts Capital Corp increased its holdings in shares of Vista Energy by 2.4% in the fourth quarter. Money Concepts Capital Corp now owns 16,083 shares of the company's stock valued at $870,000 after purchasing an additional 380 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Vista Energy by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company's stock valued at $780,000 after purchasing an additional 410 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Vista Energy by 40.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company's stock valued at $83,000 after purchasing an additional 441 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of Vista Energy by 16,166.7% in the fourth quarter. Principal Securities Inc. now owns 488 shares of the company's stock valued at $26,000 after purchasing an additional 485 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Vista Energy by 32.9% in the fourth quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock valued at $123,000 after purchasing an additional 562 shares in the last quarter. Institutional investors and hedge funds own 63.81% of the company's stock.

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.