UBS Group Cuts Vista Energy (NYSE:VIST) Price Target to $57.00

Vista Energy (NYSE:VIST) had its target price trimmed by UBS Group from $64.00 to $57.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Other research analysts have also issued reports about the stock. Pickering Energy Partners began coverage on shares of Vista Energy in a research report on Monday, April 7th. They issued an “outperform” rating for the company. Citigroup upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price for the company in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group began coverage on shares of Vista Energy in a research report on Friday, February 21st. They issued a “buy” rating and a $65.40 target price for the company. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $65.68.

Vista Energy Trading Down 0.7%

Vista Energy stock opened at $50.22 on Friday. The stock has a market cap of $4.78 billion, a P/E ratio of 9.73, a PEG ratio of 0.83 and a beta of 1.02. Vista Energy has a fifty-two week low of $32.11 and a fifty-two week high of $61.67. The firm’s fifty day moving average price is $45.26 and its 200-day moving average price is $50.38. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.03). The firm had revenue of $420.80 million during the quarter, compared to the consensus estimate of $472.61 million. Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. Equities research analysts forecast that Vista Energy will post 5.74 earnings per share for the current fiscal year.

Institutional Trading of Vista Energy

Several institutional investors have recently added to or reduced their stakes in the business. Money Concepts Capital Corp boosted its position in Vista Energy by 2.4% during the fourth quarter. Money Concepts Capital Corp now owns 16,083 shares of the company’s stock valued at $870,000 after buying an additional 380 shares during the period. Geode Capital Management LLC boosted its position in Vista Energy by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company’s stock valued at $780,000 after buying an additional 410 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in Vista Energy by 40.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock valued at $83,000 after buying an additional 441 shares during the period. Principal Securities Inc. boosted its position in Vista Energy by 16,166.7% during the fourth quarter. Principal Securities Inc. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 485 shares during the period. Finally, Legal & General Group Plc boosted its holdings in shares of Vista Energy by 32.9% during the fourth quarter. Legal & General Group Plc now owns 2,269 shares of the company’s stock worth $123,000 after purchasing an additional 562 shares during the period. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

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.