Vista Energy (NYSE:VIST) Downgraded to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Vista Energy (NYSE:VIST) from a strong-buy rating to a hold rating in a research note released on Monday,Zacks.com reports.

A number of other research analysts also recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Vista Energy in a report on Tuesday, June 9th. UBS Group boosted their target price on shares of Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. upped their price target on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Finally, HSBC initiated coverage on shares of Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price target on the stock. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Vista Energy currently has a consensus rating of “Moderate Buy” and an average target price of $83.24.

Vista Energy Price Performance

VIST stock opened at $62.07 on Monday. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 9.07, a price-to-earnings-growth ratio of 0.41 and a beta of 0.63. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 1.01. Vista Energy has a 52-week low of $31.63 and a 52-week high of $81.44. The stock’s fifty day simple moving average is $70.37 and its 200-day simple moving average is $62.85.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The business had revenue of $865.01 million during the quarter, compared to analyst estimates of $708.61 million. Equities research analysts expect that Vista Energy will post 11.89 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd grew its position in Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after acquiring an additional 656 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Vista Energy by 46.7% in the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock valued at $39,000 after purchasing an additional 163 shares during the period. Platinum Investment Management Ltd. acquired a new stake in Vista Energy during the 4th quarter valued at $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 purchasing an additional 1,878 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Vista Energy during the 2nd quarter worth $163,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

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.