Brokerages Set Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Target Price at $65.68

Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Get Free Report) has been given a consensus recommendation of "Buy" by the six ratings firms that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $65.68.

A number of research firms recently commented on VIST. Pickering Energy Partners initiated coverage on Vista Energy in a report on Monday, April 7th. They issued an "outperform" rating for the company. UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. Finally, Wall Street Zen raised shares of Vista Energy from a "sell" rating to a "hold" rating in a research note on Sunday.

Vista Energy Price Performance

NYSE VIST traded down $0.63 on Monday, hitting $43.73. 967,895 shares of the company were exchanged, compared to its average volume of 906,403. Vista Energy has a 1-year low of $32.11 and a 1-year high of $61.67. The firm has a 50 day moving average of $48.71 and a two-hundred day moving average of $48.87. 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 company has a market cap of $4.16 billion, a P/E ratio of 7.88 and a beta of 1.00.

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 analysts' consensus estimates of $2.15 by ($1.60). The company had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million. Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. On average, equities analysts predict that Vista Energy will post 5.74 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VIST. Geode Capital Management LLC raised its stake in Vista Energy by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company's stock worth $780,000 after acquiring an additional 410 shares in the last quarter. Legal & General Group Plc lifted its stake in Vista Energy by 32.9% in the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock valued at $123,000 after purchasing an additional 562 shares during the last quarter. Deutsche Bank AG lifted its stake in Vista Energy by 9.6% in the 1st quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock valued at $313,000 after purchasing an additional 590 shares during the last quarter. Oppenheimer & Co. Inc. grew 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, Money Concepts Capital Corp grew its stake in shares of Vista Energy by 5.1% during the first quarter. Money Concepts Capital Corp now owns 16,896 shares of the company's stock worth $787,000 after buying an additional 813 shares during the last quarter. 63.81% of the stock is owned by institutional investors and hedge funds.

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.