Analysts Set Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) PT at $83.44

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) has been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $83.44.

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st. Weiss Ratings lowered Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, September 1st. Zacks Research cut shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. Finally, HSBC assumed coverage on shares of Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective for the company.

Vista Energy Price Performance

Shares of NYSE VIST opened at $70.16 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68. The firm has a market capitalization of $7.31 billion, a PE ratio of 9.25, a P/E/G ratio of 0.62 and a beta of 0.63. Vista Energy has a 1-year low of $33.45 and a 1-year high of $81.44. The business’s fifty day moving average price is $69.96 and its two-hundred day moving average price is $69.41.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Friday, July 17th. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77). The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. On average, research analysts expect that Vista Energy will post 8.88 EPS for the current year.

Institutional Trading of Vista Energy

A number of institutional investors have recently made changes to their positions in VIST. ABS Direct Equity Fund LLC boosted its stake in Vista Energy by 3.7% during the 2nd quarter. ABS Direct Equity Fund LLC now owns 31,100 shares of the company’s stock valued at $1,984,000 after purchasing an additional 1,100 shares in the last quarter. Engineers Gate Manager LP bought a new stake in shares of Vista Energy in the 2nd quarter worth $2,303,000. NewEdge Advisors LLC lifted its holdings in shares of Vista Energy by 826.1% in the second quarter. NewEdge Advisors LLC now owns 6,483 shares of the company’s stock valued at $414,000 after buying an additional 5,783 shares during the period. Squarepoint Ops LLC lifted its holdings in shares of Vista Energy by 136.2% in the second quarter. Squarepoint Ops LLC now owns 58,173 shares of the company’s stock valued at $3,711,000 after buying an additional 33,542 shares during the period. Finally, RWC Asset Advisors US LLC bought a new position in Vista Energy during the second quarter valued at about $23,346,000. 63.81% of the stock is owned by institutional investors and hedge funds.

About Vista Energy

Vista Energy is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company’s portfolio is focused primarily on unconventional resources in Argentina’s Vaca Muerta shale formation, where it develops oil and gas wells and related production infrastructure.

Vista’s operations include drilling, completion, processing and transportation activities, as well as the marketing of crude oil, natural gas and associated hydrocarbons. Its assets are concentrated in the Neuquén Basin, including the Bajada del Palo development, one of the company’s principal operating areas.