Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Sees Significant Growth in Short Interest

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,440,792 shares, an increase of 27.5% from the February 26th total of 1,914,128 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 2,391,581 shares, the short-interest ratio is presently 1.0 days.

Vista Energy Stock Performance

Shares of VIST stock opened at $74.18 on Monday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.12. The stock has a 50 day simple moving average of $59.73 and a 200-day simple moving average of $49.65. The company has a market cap of $7.73 billion, a price-to-earnings ratio of 11.11, a price-to-earnings-growth ratio of 0.99 and a beta of 0.84. Vista Energy has a 12-month low of $31.63 and a 12-month high of $74.86.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). Vista Energy had a return on equity of 15.65% and a net margin of 29.06%.The business had revenue of $719.06 million for the quarter, compared to analyst estimates of $679.81 million. On average, equities analysts forecast that Vista Energy will post 5.74 EPS for the current year.

Institutional Trading of Vista Energy

Several large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd raised its position in shares of Vista Energy by 1,009.2% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after purchasing an additional 656 shares during the last quarter. Platinum Investment Management Ltd. purchased a new stake in Vista Energy in the 4th quarter valued at approximately $67,000. Blue Trust Inc. grew its holdings in Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after buying an additional 1,878 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vista Energy during the second quarter worth $163,000. Finally, Channing Global Advisors LLC raised its holdings in shares of Vista Energy by 47.6% in the second quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock worth $217,000 after acquiring an additional 1,462 shares during the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

About Vista Energy

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.