Vista Energy (NYSE:VIST) Trading Down 5.7% - Here's What Happened

Key Points

• Vista Energy's stock dropped 5.7% to $35.98, significantly below its previous closing price of $38.15, with trading volume decreasing by 25%.
• The company now has a consensus average rating of "Buy" from analysts, alongside a substantial price target of $65.10.
• Institutional investors are actively increasing their holdings in Vista Energy, with major positions growing by significant percentages, indicating confidence in the company’s future potential.

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) traded down 5.7% on Tuesday . The stock traded as low as $35.88 and last traded at $35.98. 798,894 shares were traded during trading, a decline of 25% from the average session volume of 1,064,569 shares. The stock had previously closed at $38.15.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. Wall Street Zen lowered Vista Energy from a "hold" rating to a "sell" rating in a research note on Saturday. Zacks Research upgraded Vista Energy from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Vista Energy in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $65.10.

Vista Energy Price Performance

The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.89. The firm has a market cap of $3.35 billion, a PE ratio of 6.35 and a beta of 0.97. The stock has a 50 day simple moving average of $38.31 and a 200-day simple moving average of $43.76.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. grew its position 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 valued at $230,000 after purchasing an additional 632 shares in the last quarter. Ninety One UK Ltd grew its position in shares of Vista Energy by 9.1% during the first 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 in the last quarter. Belpointe Asset Management LLC purchased a new position in shares of Vista Energy during the first quarter valued at about $445,000. TT International Asset Management LTD grew its position in shares of Vista Energy by 19.7% during the first quarter. TT International Asset Management LTD now owns 969,521 shares of the company's stock valued at $45,141,000 after purchasing an additional 159,344 shares in the last quarter. Finally, Ping Capital Management Inc. purchased a new position in shares of Vista Energy during the first quarter valued at about $1,401,000. Hedge funds and other 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.

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