Vista Energy (NYSE:VIST) Trading 4.2% Higher - Still a Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report) shares rose 4.2% on Friday . The company traded as high as $55.20 and last traded at $54.59. Approximately 628,539 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 885,183 shares. The stock had previously closed at $52.41.

Wall Street Analysts Forecast Growth

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

Vista Energy Stock Performance

The stock's 50-day moving average price is $47.08 and its 200 day moving average price is $50.33. The firm has a market cap of $4.95 billion, a P/E ratio of 10.07, a price-to-earnings-growth ratio of 0.83 and a beta of 1.03. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

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

Institutional Trading of Vista Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in Vista Energy by 795.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company's stock valued at $123,604,000 after purchasing an additional 2,029,081 shares in the last quarter. Discovery Capital Management LLC CT grew its holdings in Vista Energy by 4.9% during the fourth quarter. Discovery Capital Management LLC CT now owns 1,320,566 shares of the company's stock worth $71,456,000 after purchasing an additional 61,800 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in Vista Energy by 6.2% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,234,108 shares of the company's stock worth $66,778,000 after purchasing an additional 72,500 shares during the period. Driehaus Capital Management LLC increased its position in Vista Energy by 10.9% during the fourth quarter. Driehaus Capital Management LLC now owns 1,185,669 shares of the company's stock worth $64,157,000 after buying an additional 116,920 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Vista Energy by 2,843.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,150,422 shares of the company's stock valued at $53,565,000 after buying an additional 1,111,341 shares during the period. 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.