Vista Energy (NYSE:VIST) Stock Rating Lowered by Zacks Research

Vista Energy (NYSE:VIST) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

A number of other brokerages have also recently weighed in on VIST. Weiss Ratings restated a “hold (c+)” rating on shares of Vista Energy in a report on Monday. Wall Street Zen upgraded Vista Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. The Goldman Sachs Group set a $53.20 price objective on Vista Energy in a research report on Wednesday, December 17th. JPMorgan Chase & Co. upped their price target on shares of Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, Bank of America upped their target price on shares of Vista Energy from $63.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $66.84.

Vista Energy Trading Up 0.5%

VIST opened at $47.51 on Wednesday. Vista Energy has a one year low of $31.63 and a one year high of $61.67. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.62 and a quick ratio of 0.61. The business has a 50 day simple moving average of $47.61 and a two-hundred day simple moving average of $44.03. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 6.99, a PEG ratio of 1.79 and a beta of 0.80.

Vista Energy (NYSE:VIST) last posted its earnings results on Wednesday, October 22nd. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.24 by $0.24. The firm had revenue of $706.14 million during the quarter, compared to analysts’ expectations of $636.68 million. Vista Energy had a net margin of 32.66% and a return on equity of 15.92%. Analysts predict that Vista Energy will post 5.74 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Deutsche Bank AG boosted its holdings in Vista Energy by 9.6% in the first quarter. Deutsche Bank AG now owns 6,716 shares of the company’s stock worth $313,000 after purchasing an additional 590 shares during the last quarter. Ieq Capital LLC purchased a new stake in Vista Energy during the 1st quarter valued at $904,000. B. Metzler seel. Sohn & Co. AG lifted its holdings in shares of Vista Energy by 213.2% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 12,321 shares of the company’s stock valued at $574,000 after buying an additional 8,387 shares during the period. Activest Wealth Management lifted its holdings in shares of Vista Energy by 30.6% during the 1st quarter. Activest Wealth Management now owns 20,466 shares of the company’s stock valued at $953,000 after buying an additional 4,799 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Vista Energy by 82.0% in the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after buying an additional 4,246 shares during the last quarter. Institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.