Vista Energy (NYSE:VIST) Stock Price Up 4.9% - What's Next?

Key Points

• Vista Energy's stock price increased by 4.9% to $36.69, with trading volume significantly lower than average, down 73% from its typical level.
• Analysts have upgraded Vista Energy's shares from "sell" to "hold," with UBS Group rating it as a "strong buy," while the average target price is set at $65.68.
• The company recently reported earnings per share of $0.55 for the last quarter, which missed expectations by ($1.60), but revenue was above estimates at $610.54 million.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report)'s share price traded up 4.9% during mid-day trading on Tuesday . The stock traded as high as $36.40 and last traded at $36.69. 268,113 shares traded hands during trading, a decline of 73% from the average session volume of 1,002,736 shares. The stock had previously closed at $34.98.

Analyst Upgrades and Downgrades

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

Vista Energy Trading Down 4.0%

The firm has a 50 day simple moving average of $42.24 and a 200 day simple moving average of $45.42. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.41 and a current ratio of 0.41. The firm has a market cap of $3.41 billion, a P/E ratio of 6.45 and a beta of 1.10.

Vista Energy (NYSE:VIST - Get Free Report) last issued 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). Vista Energy had a return on equity of 12.02% and a net margin of 29.12%.The company had revenue of $610.54 million during the quarter, compared to the consensus estimate of $572.37 million. On average, equities research analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current fiscal year.

Institutional Trading of Vista Energy

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