Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Receives Consensus Recommendation of “Buy” from Brokerages

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) has been given a consensus recommendation of “Buy” by the five brokerages that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $80.30.

VIST has been the subject of several research analyst reports. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. UBS Group upped their price target on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. upped their price target on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Finally, Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th.

Vista Energy Price Performance

VIST stock opened at $72.56 on Thursday. The company has a market capitalization of $7.57 billion, a P/E ratio of 10.61, a PEG ratio of 0.31 and a beta of 0.61. Vista Energy has a twelve month low of $31.63 and a twelve month high of $81.44. The business has a 50 day simple moving average of $71.29 and a 200-day simple moving average of $60.65. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01.

Vista Energy (NYSE:VIST) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.53). The firm had revenue of $865.01 million during the quarter, compared to analyst estimates of $708.61 million. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. As a group, equities analysts anticipate that Vista Energy will post 12.91 EPS for the current year.

Institutional Investors Weigh In On Vista Energy

Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Vista Energy by 1,009.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after purchasing an additional 656 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Vista Energy by 46.7% during the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after purchasing an additional 163 shares during the last quarter. Platinum Investment Management Ltd. purchased a new stake in shares of Vista Energy during the fourth quarter worth approximately $67,000. Blue Trust Inc. raised its stake in shares of Vista Energy by 154.8% during the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after purchasing an additional 1,878 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Vista Energy in the second quarter worth $163,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

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.