Wall Street Zen Downgrades Vista Energy (NYSE:VIST) to Sell

Vista Energy (NYSE:VIST) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

A number of other brokerages have also weighed in on VIST. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vista Energy in a research note on Saturday, September 27th. UBS Group raised Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 17th. Finally, Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Vista Energy currently has a consensus rating of “Buy” and an average target price of $65.10.

Vista Energy Stock Performance

Shares of VIST stock opened at $37.29 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.41 and a current ratio of 0.41. Vista Energy has a 52 week low of $31.63 and a 52 week high of $61.67. The company’s 50 day moving average price is $38.43 and its two-hundred day moving average price is $43.82. The company has a market capitalization of $3.55 billion, a P/E ratio of 6.72 and a beta of 0.97.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Thursday, July 10th. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $2.15 by ($1.60). Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. The company had revenue of $610.54 million during the quarter, compared to analyst estimates of $572.37 million. On average, analysts expect that Vista Energy will post 5.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its position in Vista Energy by 14.6% during the first quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company’s stock worth $230,000 after acquiring an additional 632 shares in the last quarter. Ninety One UK Ltd increased its stake in shares of Vista Energy by 9.1% during the 1st quarter. Ninety One UK Ltd now owns 768,862 shares of the company’s stock worth $35,798,000 after purchasing an additional 63,834 shares during the last quarter. Belpointe Asset Management LLC bought a new stake in shares of Vista Energy in the 1st quarter valued at about $445,000. TT International Asset Management LTD raised its holdings in shares of Vista Energy by 19.7% in the 1st quarter. TT International Asset Management LTD now owns 969,521 shares of the company’s stock valued at $45,141,000 after purchasing an additional 159,344 shares during the period. Finally, Ping Capital Management Inc. acquired a new stake in Vista Energy in the 1st quarter valued at about $1,401,000. 63.81% of the stock is 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 owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.