Vistra (NYSE:VST) Price Target Raised to $203.00 at The Goldman Sachs Group

Key Points

• The Goldman Sachs Group has raised its price target for Vistra (NYSE:VST) from $179.00 to $203.00, indicating a potential upside of 1.10% from the current price.
• Despite the positive outlook from Goldman Sachs, Vistra's stock has faced mixed reviews from analysts, with a consensus rating of "Moderate Buy" and target prices ranging from $192.00 to $241.00.
• Vistra reported earnings per share of $1.01 for the last quarter, falling short of analysts' expectations, and experienced significant stock activity with multiple insider sales totaling $47.5 million over the past 90 days.

Vistra (NYSE:VST - Get Free Report) had its price objective increased by research analysts at The Goldman Sachs Group from $179.00 to $203.00 in a report released on Wednesday,Benzinga reports. The firm currently has a "neutral" rating on the stock. The Goldman Sachs Group's price target points to a potential upside of 1.10% from the company's current price.

VST has been the subject of a number of other reports. Raymond James Financial began coverage on Vistra in a research note on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 target price for the company. Evercore ISI set a $192.00 target price on Vistra and gave the stock an "outperform" rating in a report on Thursday, May 15th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $229.00 price objective (up from $191.00) on shares of Vistra in a research report on Tuesday. UBS Group raised their price objective on Vistra from $207.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Finally, Jefferies Financial Group set a $241.00 target price on Vistra and gave the stock a "buy" rating in a research note on Friday, August 8th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Vistra presently has a consensus rating of "Moderate Buy" and a consensus target price of $192.62.

Vistra Price Performance

Shares of NYSE:VST traded down $8.76 during trading on Wednesday, reaching $200.80. The stock had a trading volume of 1,305,745 shares, compared to its average volume of 7,227,249. The business's 50-day moving average price is $190.14 and its 200 day moving average price is $156.34. Vistra has a 52 week low of $72.90 and a 52 week high of $216.85. The stock has a market capitalization of $68.14 billion, a PE ratio of 32.16, a P/E/G ratio of 2.43 and a beta of 1.30. The company has a debt-to-equity ratio of 6.58, a current ratio of 0.90 and a quick ratio of 0.77.

Vistra (NYSE:VST - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $1.01 earnings per share for the quarter, missing analysts' consensus estimates of $1.63 by ($0.62). The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $5.15 billion. Vistra had a return on equity of 108.41% and a net margin of 12.90%. As a group, equities analysts predict that Vistra will post 7 earnings per share for the current year.

Insider Activity at Vistra

In other Vistra news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $157.00, for a total transaction of $8,792,000.00. Following the transaction, the executive vice president directly owned 306,600 shares of the company's stock, valued at approximately $48,136,200. The trade was a 15.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Scott B. Helm sold 50,000 shares of Vistra stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $172.75, for a total value of $8,637,500.00. Following the transaction, the director directly owned 255,192 shares in the company, valued at $44,084,418. The trade was a 16.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock worth $47,461,490 over the last 90 days. 1.42% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA raised its position in shares of Vistra by 4.4% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,175,553 shares of the company's stock worth $1,196,884,000 after acquiring an additional 258,983 shares in the last quarter. Norges Bank bought a new position in shares of Vistra in the 2nd quarter worth about $930,080,000. Dimensional Fund Advisors LP raised its position in shares of Vistra by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,190,462 shares of the company's stock worth $492,102,000 after acquiring an additional 11,386 shares in the last quarter. Northern Trust Corp raised its position in shares of Vistra by 1.9% in the 1st quarter. Northern Trust Corp now owns 3,083,842 shares of the company's stock worth $362,166,000 after acquiring an additional 57,358 shares in the last quarter. Finally, Castle Hook Partners LP raised its position in shares of Vistra by 13.6% in the 4th quarter. Castle Hook Partners LP now owns 2,964,222 shares of the company's stock worth $408,677,000 after acquiring an additional 353,949 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

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