Vista Energy (NYSE:VIST) Sets New 52-Week Low – Here’s Why

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares reached a new 52-week low on Monday . The company traded as low as $33.30 and last traded at $35.52, with a volume of 335577 shares. The stock had previously closed at $38.73.

Wall Street Analysts Forecast Growth

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

Vista Energy Trading Down 5.4 %

The company has a 50 day simple moving average of $49.44 and a two-hundred day simple moving average of $51.27. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market cap of $3.49 billion, a PE ratio of 7.16, a PEG ratio of 0.83 and a beta of 1.22.

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

Institutional Investors Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Vista Energy by 795.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock worth $123,604,000 after buying an additional 2,029,081 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Vista Energy in the fourth quarter worth approximately $42,575,000. Cooper Creek Partners Management LLC acquired a new position in shares of Vista Energy during the 4th quarter worth $39,392,000. Ninety One UK Ltd bought a new position in shares of Vista Energy during the 4th quarter valued at $38,149,000. Finally, Ninety One North America Inc. acquired a new stake in shares of Vista Energy in the 4th quarter valued at $23,403,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

About Vista Energy

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.