Vistra (NYSE:VST) Trading Down 2.7% – What’s Next?

by · The Cerbat Gem

Vistra Corp. (NYSE:VST – Get Free Report) shares dropped 2.7% during trading on Friday . The company traded as low as $156.86 and last traded at $158.12. 3,802,110 shares traded hands during trading, a decline of 39% from the average session volume of 6,278,699 shares. The stock had previously closed at $162.58.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Evercore ISI boosted their price target on Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. JPMorgan Chase & Co. decreased their target price on Vistra from $249.00 to $233.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a report on Monday, December 29th. Scotiabank upped their price objective on Vistra from $287.00 to $293.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Finally, UBS Group increased their target price on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Vistra presently has an average rating of “Buy” and an average target price of $239.20.

Check Out Our Latest Stock Report on VST

Vistra Price Performance

The company has a 50-day moving average price of $166.43 and a 200-day moving average price of $185.94. The company has a market capitalization of $53.58 billion, a price-to-earnings ratio of 57.08, a price-to-earnings-growth ratio of 1.00 and a beta of 1.41. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99.

Vistra (NYSE:VST – Get Free Report) last released its quarterly earnings data on Friday, November 7th. The company reported $1.75 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.03). Vistra had a net margin of 6.70% and a return on equity of 64.04%. The firm had revenue of $4.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. On average, equities research analysts expect that Vistra Corp. will post 7 EPS for the current fiscal year.

Insider Activity at Vistra

In other Vistra news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $168.86, for a total value of $9,456,160.00. Following the transaction, the executive vice president owned 306,600 shares of the company’s stock, valued at approximately $51,772,476. The trade was a 15.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Carrie Lee Kirby sold 58,275 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $174.75, for a total transaction of $10,183,556.25. Following the completion of the transaction, the executive vice president directly owned 218,239 shares of the company’s stock, valued at approximately $38,137,265.25. The trade was a 21.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 166,680 shares of company stock worth $28,761,790. Corporate insiders own 1.42% of the company’s stock.

Institutional Trading of Vistra

Several institutional investors and hedge funds have recently bought and sold shares of VST. ELCO Management Co. LLC acquired a new stake in shares of Vistra during the 2nd quarter worth $499,000. FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in Vistra during the second quarter worth about $292,000. Fisher Funds Management LTD bought a new position in Vistra in the 3rd quarter valued at about $1,241,000. Charles Schwab Investment Management Inc. increased its holdings in Vistra by 1.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,099,120 shares of the company’s stock valued at $406,830,000 after buying an additional 35,444 shares during the period. Finally, Nordea Investment Management AB raised its position in shares of Vistra by 1,973.0% in the 3rd quarter. Nordea Investment Management AB now owns 362,178 shares of the company’s stock valued at $69,477,000 after buying an additional 344,707 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Company Profile

(Get Free Report)

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.

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