Vista Energy (NYSE:VIST) Given New $90.00 Price Target at Bank of America

Vista Energy (NYSE:VIST) had its target price boosted by Bank of America from $63.00 to $90.00 in a research note issued to investors on Tuesday morning,Benzinga reports. Bank of America currently has a buy rating on the stock.

Other research analysts also recently issued reports about the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Vista Energy in a research report on Tuesday, November 11th. JPMorgan Chase & Co. increased their target price on shares of Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Wall Street Zen upgraded Vista Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Zacks Research raised Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, October 27th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $69.28.

Vista Energy Price Performance

Shares of VIST opened at $49.85 on Tuesday. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.62 and a quick ratio of 0.61. Vista Energy has a 1-year low of $31.63 and a 1-year high of $61.67. The stock has a market cap of $5.20 billion, a PE ratio of 7.33, a price-to-earnings-growth ratio of 2.06 and a beta of 0.95. The firm has a fifty day moving average price of $40.35 and a 200 day moving average price of $43.98.

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

Institutional Investors Weigh In On Vista Energy

A number of institutional investors have recently added to or reduced their stakes in the business. Belpointe Asset Management LLC purchased a new stake in Vista Energy during the first quarter worth about $445,000. Ninety One UK Ltd increased its holdings in Vista Energy by 74.0% in the second quarter. Ninety One UK Ltd now owns 1,337,817 shares of the company’s stock valued at $63,961,000 after buying an additional 568,955 shares in the last quarter. Banco BTG Pactual S.A. lifted its position in shares of 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 valued at $5,072,000 after acquiring an additional 105,167 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Vista Energy by 2,843.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,150,422 shares of the company’s stock worth $53,565,000 after acquiring an additional 1,111,341 shares in the last quarter. Finally, Truffle Hound Capital LLC grew its holdings in shares of Vista Energy by 166.7% in the 1st quarter. Truffle Hound Capital LLC now owns 40,000 shares of the company’s stock worth $1,862,000 after acquiring an additional 25,000 shares during the period. 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.