Vista Energy (NYSE:VIST) Price Target Raised to $94.00 at JPMorgan Chase & Co.

Vista Energy (NYSE:VIST) had its target price increased by equities research analysts at JPMorgan Chase & Co. from $93.00 to $94.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 25.87% from the stock’s previous close.

A number of other research analysts have also recently weighed in on VIST. 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 objective for the company. Zacks Research cut shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. UBS Group boosted their price target on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 17th. Five equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $83.44.

Vista Energy Trading Up 4.5%

Shares of NYSE VIST traded up $3.22 during trading on Tuesday, reaching $74.68. The stock had a trading volume of 1,545,186 shares, compared to its average volume of 1,286,204. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. The company has a market cap of $7.79 billion, a P/E ratio of 9.85, a PEG ratio of 0.58 and a beta of 0.62. Vista Energy has a fifty-two week low of $31.63 and a fifty-two week high of $81.44. The business’s 50-day moving average price is $66.38 and its 200-day moving average price is $67.33.

Vista Energy (NYSE:VIST) last posted its earnings results on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.15 by ($0.77). The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. On average, equities research analysts predict that Vista Energy will post 9.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after acquiring an additional 4,246 shares in the last quarter. Amundi purchased a new stake in shares of Vista Energy during the 1st quarter worth $229,000. Goldman Sachs Group Inc. lifted its position in shares of Vista Energy by 57.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company’s stock worth $8,554,000 after purchasing an additional 67,189 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock worth $797,000 after purchasing an additional 1,731 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new position in shares of Vista Energy during the second quarter worth $506,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

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.