Vistra Energy Corp (NYSE:VST) Receives Average Recommendation of “Buy” from Analysts

Shares of Vistra Energy Corp (NYSE:VST) have been assigned a consensus rating of “Buy” from the eleven research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $32.25.

VST has been the topic of a number of research analyst reports. Credit Suisse Group set a €50.00 ($58.14) price objective on shares of Fresenius SE & Co KGaA and gave the stock a “neutral” rating in a report on Monday, May 6th. Citigroup increased their price objective on shares of Vistra Energy from $32.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Morgan Stanley increased their price objective on shares of Intuit from $225.00 to $245.00 and gave the stock an “equal weight” rating in a report on Monday, March 25th. Bank of America decreased their price objective on shares of 3D Systems from $10.00 to $9.00 and set an “underperform” rating on the stock in a report on Wednesday, May 8th. Finally, ValuEngine raised shares of Vistra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, July 3rd.

Shares of Vistra Energy stock traded up $0.30 during mid-day trading on Friday, reaching $22.27. 153,710 shares of the stock were exchanged, compared to its average volume of 5,014,944. The company has a market capitalization of $10.60 billion, a P/E ratio of -1,113.25, a price-to-earnings-growth ratio of 1.13 and a beta of 0.67. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 1.40. The company has a 50-day simple moving average of $23.36. Vistra Energy has a fifty-two week low of $20.83 and a fifty-two week high of $27.86.

Vistra Energy (NYSE:VST) last issued its quarterly earnings data on Friday, May 3rd. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.05). Vistra Energy had a return on equity of 4.37% and a net margin of 4.22%. The company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.79 billion. During the same period in the prior year, the company earned ($0.71) EPS. The firm’s revenue was up 282.1% compared to the same quarter last year. On average, equities research analysts expect that Vistra Energy will post 2.08 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Thursday, June 13th. Vistra Energy’s dividend payout ratio (DPR) is presently -2,500.00%.

In other news, insider Brookfield Asset Management In sold 1,900,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $23.75, for a total value of $45,125,000.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO David A. Campbell bought 30,000 shares of Vistra Energy stock in a transaction dated Monday, June 17th. The stock was acquired at an average cost of $23.35 per share, for a total transaction of $700,500.00. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 44,250 shares of company stock worth $1,039,490 and sold 1,920,038 shares worth $45,632,162. 14.05% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Cerebellum GP LLC bought a new position in shares of Vistra Energy in the 1st quarter valued at about $27,000. Lake Point Wealth Management acquired a new stake in shares of Vistra Energy in the 4th quarter valued at approximately $34,000. Quadrant Capital Group LLC acquired a new stake in shares of Vistra Energy in the 1st quarter valued at approximately $45,000. Quantamental Technologies LLC acquired a new stake in shares of Vistra Energy in the 1st quarter valued at approximately $105,000. Finally, Oakbrook Investments LLC acquired a new stake in shares of Vistra Energy in the 1st quarter valued at approximately $210,000.

About Vistra Energy

Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.

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Analyst Recommendations for Vistra Energy (NYSE:VST)

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