Vista Energy (NYSE:VIST) Given New $50.00 Price Target at UBS Group

Vista Energy (NYSE:VIST) had its price objective increased by UBS Group from $47.00 to $50.00 in a research note issued to investors on Wednesday morning, Benzinga reports. They currently have a neutral rating on the stock.

Other research analysts also recently issued reports about the stock. Jefferies Financial Group increased their price target on shares of Vista Energy from $50.00 to $53.00 and gave the stock a buy rating in a research report on Tuesday, April 16th. Citigroup cut Vista Energy from a buy rating to a neutral rating and raised their target price for the stock from $40.00 to $50.00 in a report on Wednesday, April 17th.

Vista Energy Stock Up 1.7 %

Vista Energy stock opened at $43.20 on Wednesday. Vista Energy has a one year low of $18.90 and a one year high of $44.80. The stock has a fifty day moving average of $40.99 and a 200 day moving average of $34.05. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.88 and a current ratio of 0.89. The stock has a market cap of $4.01 billion, a PE ratio of 12.52 and a beta of 1.93.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Tuesday, February 20th. The company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.98. Vista Energy had a return on equity of 39.92% and a net margin of 30.24%. The business had revenue of $309.20 million during the quarter, compared to the consensus estimate of $346.50 million. As a group, sell-side analysts predict that Vista Energy will post 6.51 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds have recently modified their holdings of the company. Kensington Investments B.V. lifted its stake in shares of Vista Energy by 2.6% during the 3rd quarter. Kensington Investments B.V. now owns 12,822,581 shares of the company’s stock valued at $389,678,000 after buying an additional 322,581 shares in the last quarter. Helikon Investments Ltd lifted its position in shares of Vista Energy by 10.4% in the fourth quarter. Helikon Investments Ltd now owns 5,929,515 shares of the company’s stock valued at $174,980,000 after acquiring an additional 559,185 shares in the last quarter. Citigroup Inc. boosted its stake in shares of Vista Energy by 62.7% in the third quarter. Citigroup Inc. now owns 3,137,987 shares of the company’s stock worth $95,363,000 after acquiring an additional 1,209,254 shares during the period. TT International Asset Management LTD grew its position in shares of Vista Energy by 14.2% during the fourth quarter. TT International Asset Management LTD now owns 2,307,000 shares of the company’s stock worth $68,079,000 after purchasing an additional 287,548 shares in the last quarter. Finally, PointState Capital LP raised its stake in Vista Energy by 120.1% during the 3rd quarter. PointState Capital LP now owns 2,146,577 shares of the company’s stock valued at $65,234,000 after purchasing an additional 1,171,354 shares during the period. 63.81% of the stock is currently owned by 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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.