Vista Energy (NYSE:VIST) Shares Down 5.8% – Here’s What Happened

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s stock price traded down 5.8% during trading on Monday . The stock traded as low as $68.02 and last traded at $67.89. 2,508,985 shares traded hands during trading, an increase of 59% from the average session volume of 1,582,661 shares. The stock had previously closed at $72.06.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on VIST. Bank of America began coverage on shares of Vista Energy in a report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price objective on the stock. Zacks Research cut shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 26th. UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and increased their price target for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. The Goldman Sachs Group set a $53.20 price objective on Vista Energy in a research note on Wednesday, December 17th. Finally, Weiss Ratings upgraded Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.55.

Vista Energy Price Performance

The company’s 50 day simple moving average is $58.31 and its 200 day simple moving average is $48.89. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market cap of $7.44 billion, a P/E ratio of 10.68, a P/E/G ratio of 0.90 and a beta of 0.84.

Vista Energy (NYSE:VIST) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.63). Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. The firm had revenue of $719.06 million during the quarter, compared to analyst estimates of $679.81 million. As a group, equities analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current year.

Institutional Trading of Vista Energy

Several hedge funds have recently bought and sold shares of the stock. Hsbc Holdings PLC bought a new position in Vista Energy in the fourth quarter valued at approximately $633,000. Corient Private Wealth LLC acquired a new stake in shares of Vista Energy during the fourth quarter worth $240,000. XTX Topco Ltd lifted its position in Vista Energy by 109.2% in the 4th quarter. XTX Topco Ltd now owns 24,700 shares of the company’s stock valued at $1,202,000 after acquiring an additional 12,895 shares in the last quarter. Interval Partners LP acquired a new position in Vista Energy in the 4th quarter worth $2,992,000. Finally, Equinox Partners Investment Management LLC bought a new position in Vista Energy during the 4th quarter worth about $7,317,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.