Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Receives $69.28 Average Target Price from Brokerages

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) has been given an average rating of “Buy” by the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $69.28.

Several equities research analysts have commented on the stock. Bank of America upped their price objective on shares of Vista Energy from $63.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Wall Street Zen raised shares of Vista Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vista Energy in a report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, October 27th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Carrhae Capital LLP grew its holdings in Vista Energy by 71.9% during the 3rd quarter. Carrhae Capital LLP now owns 688,405 shares of the company’s stock valued at $23,681,000 after buying an additional 287,823 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after acquiring an additional 656 shares during the period. VR Advisory Services Ltd purchased a new position in Vista Energy during the third quarter valued at approximately $12,682,000. Qube Research & Technologies Ltd grew its stake in Vista Energy by 274.7% during the third quarter. Qube Research & Technologies Ltd now owns 144,827 shares of the company’s stock valued at $4,982,000 after acquiring an additional 106,172 shares in the last quarter. Finally, Mirabella Financial Services LLP bought a new stake in Vista Energy during the 3rd quarter worth approximately $2,046,000. Institutional investors own 63.81% of the company’s stock.

Vista Energy Price Performance

Shares of NYSE VIST opened at $47.48 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.61 and a debt-to-equity ratio of 0.98. The stock has a fifty day simple moving average of $41.58 and a two-hundred day simple moving average of $44.11. Vista Energy has a 1-year low of $31.63 and a 1-year high of $61.67. The firm has a market cap of $4.95 billion, a price-to-earnings ratio of 6.98, a price-to-earnings-growth ratio of 1.52 and a beta of 0.95.

Vista Energy (NYSE:VIST) last issued its earnings results on Wednesday, October 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.24. The firm 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%. Analysts anticipate that Vista Energy will post 5.74 earnings per share for the current year.

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.