BMO Capital Markets Increases Vistra (NYSE:VST) Price Target to $43.00

Vistra (NYSE:VST) had its price objective boosted by investment analysts at BMO Capital Markets from $42.00 to $43.00 in a research report issued on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target indicates a potential upside of 24.71% from the stock’s current price.

A number of other analysts have also issued reports on VST. Morgan Stanley lifted their price objective on shares of Vistra from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Thursday, September 21st. Bank of America lifted their price target on shares of Vistra from $31.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, September 21st.

Vistra Trading Down 0.2 %

NYSE VST opened at $34.48 on Thursday. The firm has a market capitalization of $12.67 billion, a price-to-earnings ratio of 10.14 and a beta of 0.92. The company’s 50 day moving average price is $32.98 and its 200 day moving average price is $28.74. Vistra has a one year low of $21.18 and a one year high of $36.50. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.08 and a current ratio of 1.22.

Vistra (NYSE:VST) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.21. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $2.78 billion. Vistra had a net margin of 9.19% and a return on equity of 17.79%. On average, sell-side analysts predict that Vistra will post 3.23 EPS for the current year.

Insider Activity at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 107,466 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $30.22, for a total transaction of $3,247,622.52. Following the completion of the sale, the executive vice president now owns 137,782 shares in the company, valued at $4,163,772.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.36% of the stock is currently owned by corporate insiders.

Institutional Trading of Vistra

Several institutional investors have recently added to or reduced their stakes in the business. FinTrust Capital Advisors LLC bought a new position in shares of Vistra during the third quarter worth about $26,000. Fifth Third Bancorp bought a new position in Vistra in the 3rd quarter valued at about $29,000. Quarry LP bought a new position in Vistra in the 2nd quarter valued at about $29,000. Allworth Financial LP grew its position in Vistra by 48.9% in the 2nd quarter. Allworth Financial LP now owns 1,205 shares of the company’s stock valued at $32,000 after buying an additional 396 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in Vistra in the 1st quarter valued at about $29,000. Institutional investors own 91.31% of the company’s stock.

About Vistra

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 20 states in the United States and the District of Columbia.