Vista Energy (NYSE:VIST) Reaches New 12-Month High – Here’s Why

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $65.19 and last traded at $65.3240, with a volume of 530373 shares changing hands. The stock had previously closed at $62.37.

Analysts Set New Price Targets

A number of brokerages have commented on VIST. UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $50.00 to $65.00 in a research note on Sunday, January 11th. Weiss Ratings upgraded Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Zacks Research lowered Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 26th. Bank of America assumed coverage on Vista Energy in a report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target for the company. Finally, The Goldman Sachs Group set a $53.20 price objective on shares of Vista Energy in a research report on Wednesday, December 17th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $68.55.

Vista Energy Trading Up 3.9%

The business’s 50-day simple moving average is $55.06 and its two-hundred day simple moving average is $47.30. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $6.75 billion, a PE ratio of 9.70, a PEG ratio of 0.86 and a beta of 0.84.

Vista Energy (NYSE:VIST) last announced its earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). The business had revenue of $719.06 million for the quarter, compared to analysts’ expectations of $679.81 million. Vista Energy had a return on equity of 15.65% and a net margin of 29.06%. On average, analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current year.

Hedge Funds Weigh In On Vista Energy

Institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC purchased a new position in shares of Vista Energy during the 4th quarter valued at approximately $240,000. XTX Topco Ltd increased its stake in shares of Vista Energy by 109.2% in the fourth quarter. XTX Topco Ltd now owns 24,700 shares of the company’s stock worth $1,202,000 after buying an additional 12,895 shares during the last quarter. Interval Partners LP bought a new stake in shares of Vista Energy in the fourth quarter worth $2,992,000. Equinox Partners Investment Management LLC acquired a new stake in Vista Energy in the fourth quarter valued at $7,317,000. Finally, Jump Financial LLC bought a new position in Vista Energy during the 4th quarter valued at $4,001,000. 63.81% of the stock is owned by institutional investors and hedge funds.

About Vista Energy

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.