Vista Energy (NYSE:VIST) Trading 5.8% Higher – Should You Buy?

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) traded up 5.8% on Wednesday . The stock traded as high as $45.36 and last traded at $45.19. 234,942 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 783,464 shares. The stock had previously closed at $42.70.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. The Goldman Sachs Group began coverage on Vista Energy in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 price target on the stock. Citigroup raised Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price target for the company in a research note on Thursday, February 13th. UBS Group restated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. increased their price target on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $64.73.

Vista Energy Trading Up 10.0 %

The firm has a market capitalization of $4.47 billion, a P/E ratio of 9.11, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The stock’s 50-day simple moving average is $53.13 and its two-hundred day simple moving average is $51.54. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.67). The business had revenue of $471.32 million during the quarter, compared to analysts’ expectations of $464.55 million. Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. Equities research analysts expect that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

A number of institutional investors have recently modified their holdings of VIST. Heck Capital Advisors LLC purchased a new stake in Vista Energy in the 4th quarter valued at about $348,000. Voloridge Investment Management LLC boosted its stake in shares of Vista Energy by 137.4% during the 4th quarter. Voloridge Investment Management LLC now owns 355,474 shares of the company’s stock worth $19,235,000 after purchasing an additional 205,728 shares during the last quarter. Vident Advisory LLC grew its position in Vista Energy by 67.9% during the fourth quarter. Vident Advisory LLC now owns 41,352 shares of the company’s stock valued at $2,238,000 after acquiring an additional 16,716 shares during the period. SIR Capital Management L.P. purchased a new position in Vista Energy in the fourth quarter valued at about $1,115,000. Finally, Numerai GP LLC acquired a new position in Vista Energy in the fourth quarter worth $862,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.