Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Receives Average Recommendation of "Buy" from Brokerages

Key Points

• Vista Energy has received a consensus rating of "Buy" from analysts, with an average 12-month price target of $65.68.
• Despite an earnings miss with $0.55 EPS reported compared to the expected $2.15, the company saw positive revenue of $610.54 million in the last quarter.
• Institutional investors now own 63.81% of Vista Energy's stock, indicating strong institutional interest in the company.

Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) have received an average recommendation of "Buy" from the seven brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $65.68.

Several research analysts have recently weighed in on VIST shares. UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Zacks Research upgraded Vista Energy from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Finally, Wall Street Zen upgraded Vista Energy from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th.

Vista Energy Trading Down 4.0%

Shares of VIST stock traded down $1.48 during mid-day trading on Tuesday, reaching $35.78. 889,980 shares of the stock traded hands, compared to its average volume of 1,015,733. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 6.45 and a beta of 1.10. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.89. Vista Energy has a 1-year low of $31.63 and a 1-year high of $61.67. The stock's fifty day simple moving average is $42.49 and its two-hundred day simple moving average is $45.57.

Vista Energy (NYSE:VIST - Get Free Report) last announced its earnings results on Thursday, July 10th. The company reported $0.55 earnings per share (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 for the quarter, compared to the consensus estimate of $572.37 million. On average, research analysts anticipate that Vista Energy will post 5.74 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. Visionary Wealth Advisors acquired a new position in Vista Energy during the 2nd quarter valued at about $289,000. Man Group plc purchased a new position in shares of Vista Energy in the 2nd quarter worth approximately $6,247,000. Brevan Howard Capital Management LP boosted its stake in shares of Vista Energy by 96.4% in the 2nd quarter. Brevan Howard Capital Management LP now owns 142,381 shares of the company's stock worth $6,854,000 after buying an additional 69,881 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Vista Energy in the 2nd quarter worth approximately $1,829,000. Finally, Bank of America Corp DE raised its holdings in shares of Vista Energy by 83.9% in the 2nd quarter. Bank of America Corp DE now owns 318,845 shares of the company's stock worth $15,244,000 after purchasing an additional 145,507 shares during the period. Institutional investors and hedge funds 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.