Vista Energy (NYSE:VIST) Upgraded at Zacks Research

Zacks Research upgraded shares of Vista Energy (NYSE:VIST) from a strong sell rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

VIST has been the topic of several other reports. Wall Street Zen upgraded Vista Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Vista Energy in a research note on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lowered their price objective on Vista Energy from $57.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Vista Energy has a consensus rating of “Buy” and an average target price of $59.60.

Vista Energy Stock Performance

Shares of Vista Energy stock opened at $48.33 on Monday. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.62 and a quick ratio of 0.61. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of 2.00 and a beta of 0.97. The business has a 50-day moving average of $37.50 and a 200 day moving average of $43.69. Vista Energy has a 12 month low of $31.63 and a 12 month high of $61.67.

Vista Energy (NYSE:VIST) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.24 by $0.24. Vista Energy had a net margin of 32.66% and a return on equity of 15.92%. The business had revenue of $706.14 million during the quarter, compared to analyst estimates of $636.68 million. As a group, sell-side analysts forecast that Vista Energy will post 5.74 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. raised its holdings in shares of Vista Energy by 14.6% in the first quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company’s stock valued at $230,000 after buying an additional 632 shares during the last quarter. Ninety One UK Ltd increased its position in Vista Energy by 9.1% in the 1st quarter. Ninety One UK Ltd now owns 768,862 shares of the company’s stock valued at $35,798,000 after acquiring an additional 63,834 shares during the period. Belpointe Asset Management LLC purchased a new stake in Vista Energy during the 1st quarter valued at approximately $445,000. Banco BTG Pactual S.A. lifted its position in Vista Energy by 2,794.8% during the 1st quarter. Banco BTG Pactual S.A. now owns 108,930 shares of the company’s stock worth $5,072,000 after acquiring an additional 105,167 shares during the period. Finally, Ping Capital Management Inc. purchased a new position in shares of Vista Energy in the 1st quarter valued at approximately $1,401,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.