Vista Energy (NYSE:VIST) Stock Price Down 4.1% Following Weak Earnings

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) dropped 4.1% on Friday after the company announced weaker than expected quarterly earnings. The company traded as low as $46.67 and last traded at $46.93. Approximately 238,482 shares were traded during trading, a decline of 73% from the average daily volume of 895,982 shares. The stock had previously closed at $48.92.

The company reported $0.55 EPS for the quarter, missing the consensus estimate of $2.15 by ($1.60). Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. The business had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million.

Wall Street Analyst Weigh In

A number of brokerages recently commented on VIST. Pickering Energy Partners started coverage on shares of Vista Energy in a report on Monday, April 7th. They set an "outperform" rating on the stock. Wall Street Zen downgraded Vista Energy from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. One equities research analyst has rated the stock with a sell rating, four have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Vista Energy currently has a consensus rating of "Buy" and a consensus price target of $65.68.

Institutional Investors Weigh In On Vista Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in VIST. Oppenheimer & Co. Inc. grew its holdings in shares of Vista Energy by 14.6% in the 1st quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after acquiring an additional 632 shares in the last quarter. William Blair Investment Management LLC grew its stake in Vista Energy by 27.8% in the fourth quarter. William Blair Investment Management LLC now owns 1,022,172 shares of the company's stock valued at $55,307,000 after purchasing an additional 222,165 shares in the last quarter. Gemsstock Ltd. acquired a new position in shares of Vista Energy during the 4th quarter worth approximately $10,912,000. Raymond James Financial Inc. bought a new position in shares of Vista Energy in the 4th quarter valued at about $907,000. Finally, Ninety One UK Ltd lifted its holdings in Vista Energy by 9.1% during the 1st quarter. Ninety One UK Ltd now owns 768,862 shares of the company's stock valued at $35,798,000 after purchasing an additional 63,834 shares during the last quarter. 63.81% of the stock is owned by institutional investors.

Vista Energy Stock Performance

The stock has a market capitalization of $4.33 billion, a P/E ratio of 8.20, a PEG ratio of 1.86 and a beta of 1.00. The stock's 50-day simple moving average is $49.36 and its 200 day simple moving average is $49.36. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41.

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.