Vista Energy (NYSE:VIST) Cut to Strong Sell at Zacks Research

Zacks Research cut shares of Vista Energy (NYSE:VIST) from a hold rating to a strong sell rating in a report published on Thursday,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a report on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vista Energy in a research report on Monday, December 29th. UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and upped their target price for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. JPMorgan Chase & Co. lifted their price target 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. Finally, Bank of America began coverage on shares of Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective on the stock. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.55.

Vista Energy Stock Performance

Shares of VIST stock opened at $57.68 on Thursday. The stock has a market capitalization of $6.01 billion, a P/E ratio of 8.63, a PEG ratio of 2.83 and a beta of 0.82. The firm’s 50 day moving average is $52.48 and its 200 day moving average is $45.90. The company has a current ratio of 0.62, a quick ratio of 0.61 and a debt-to-equity ratio of 0.98. Vista Energy has a 12 month low of $31.63 and a 12 month high of $62.42.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data 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 company had revenue of $719.06 million for the quarter, compared to the consensus estimate of $679.81 million. Vista Energy had a net margin of 29.06% and a return on equity of 16.51%. On average, sell-side analysts anticipate that Vista Energy will post 5.74 earnings per share for the current year.

Institutional Trading of Vista Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in shares of Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock valued at $439,000 after buying an additional 4,246 shares in the last quarter. Amundi bought a new position in shares of Vista Energy in the first quarter worth approximately $229,000. Goldman Sachs Group Inc. increased its stake in shares of Vista Energy by 57.7% in the first quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company’s stock worth $8,554,000 after purchasing an additional 67,189 shares in the last quarter. Carrhae Capital LLP purchased a new stake in shares of Vista Energy in the second quarter worth $19,152,000. Finally, Geode Capital Management LLC raised its position in shares of Vista Energy by 11.6% during the 2nd quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock valued at $797,000 after purchasing an additional 1,731 shares during the period. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.