Vista Energy (NYSE:VIST) Shares Up 7.5% – Here’s What Happened
by Scott Moore · The Cerbat GemVista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST – Get Free Report) shares shot up 7.5% during trading on Monday . The company traded as high as $77.95 and last traded at $77.73. 1,397,358 shares were traded during trading, a decline of 10% from the average session volume of 1,557,553 shares. The stock had previously closed at $72.29.
Analyst Ratings Changes
A number of research firms have recently commented on VIST. JPMorgan Chase & Co. upped their target price on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Bank of America assumed coverage on Vista Energy in a report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target for the company. Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Weiss Ratings upgraded Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Finally, UBS Group boosted their price target on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $80.30.
Get Our Latest Analysis on VIST
Vista Energy Trading Up 8.3%
The stock has a market capitalization of $8.17 billion, a P/E ratio of 11.45, a price-to-earnings-growth ratio of 0.21 and a beta of 0.63. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01. The company has a 50-day moving average price of $68.49 and a 200 day moving average price of $57.31.
Vista Energy (NYSE:VIST – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.53). The company had revenue of $865.01 million during the quarter, compared to the consensus estimate of $708.61 million. Vista Energy had a return on equity of 14.80% and a net margin of 25.65%. On average, research analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.68 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its holdings in shares of Vista Energy by 11.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock valued at $194,145,000 after purchasing an additional 402,585 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vista Energy by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after purchasing an additional 649,468 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Vista Energy by 26.2% during the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after purchasing an additional 693,566 shares during the last quarter. Capital World Investors lifted its holdings in shares of Vista Energy by 1.2% during the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock valued at $102,485,000 after purchasing an additional 36,549 shares during the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in shares of Vista Energy during the 1st quarter valued at $102,610,000. 63.81% of the stock is owned by institutional investors.
About Vista Energy
Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.
In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.