Vista Energy (NYSE:VIST) Trading 4.9% Higher - Still a Buy?

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) was up 4.9% during trading on Tuesday . The stock traded as high as $36.40 and last traded at $36.69. Approximately 268,113 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 1,002,736 shares. The stock had previously closed at $34.98.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on VIST shares. Wall Street Zen upgraded shares of Vista Energy from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Zacks Research upgraded shares of Vista Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Finally, UBS Group raised shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. Two 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.com, the company has an average rating of "Buy" and an average target price of $65.68.

Vista Energy Stock Performance

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's 50-day moving average price is $43.15 and its two-hundred day moving average price is $45.79. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of 6.55 and a beta of 1.10.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings results on Thursday, July 10th. The company reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60). The firm had revenue of $610.54 million during the quarter, compared to analyst estimates of $572.37 million. Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. Sell-side analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current year.

Institutional Investors Weigh In On Vista Energy

A number of institutional investors and hedge funds have recently made changes to their positions in VIST. Raymond James Financial Inc. bought a new stake in shares of Vista Energy during the second quarter worth $163,000. Channing Global Advisors LLC raised its stake in shares of Vista Energy by 47.6% during the second 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 shares of Vista Energy during the first quarter worth approximately $229,000. Oppenheimer & Co. Inc. raised its stake in shares of Vista Energy by 14.6% during the first 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 shares of Vista Energy during the first quarter worth approximately $245,000. Institutional investors 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.

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