TD Cowen Lowers Vistra (NYSE:VST) Price Target to $222.00

Vistra (NYSE:VST) had its target price cut by research analysts at TD Cowen from $230.00 to $222.00 in a report released on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price would indicate a potential upside of 38.54% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Jefferies Financial Group restated a “buy” rating and issued a $190.00 price target on shares of Vistra in a research note on Thursday, May 21st. Weiss Ratings cut Vistra from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Seaport Research Partners reissued a “buy” rating and issued a $230.00 target price on shares of Vistra in a report on Monday, June 15th. JPMorgan Chase & Co. cut their target price on Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Morgan Stanley restated an “overweight” rating on shares of Vistra in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $230.12.

Vistra Stock Down 1.9%

VST traded down $3.14 during midday trading on Monday, reaching $160.24. The company’s stock had a trading volume of 350,231 shares, compared to its average volume of 4,918,339. The firm has a market capitalization of $54.03 billion, a price-to-earnings ratio of 26.84 and a beta of 1.40. The company has a current ratio of 0.90, a quick ratio of 0.79 and a debt-to-equity ratio of 5.51. Vistra has a 1 year low of $132.66 and a 1 year high of $219.82. The stock’s 50-day moving average is $156.05 and its 200-day moving average is $158.44.

Vistra (NYSE:VST) last announced its earnings results on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $1.55. Vistra had a net margin of 11.52% and a return on equity of 105.64%. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. As a group, research analysts expect that Vistra will post 9.52 EPS for the current year.

Insiders Place Their Bets

In other Vistra news, Director John R. Sult sold 6,500 shares of Vistra stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total value of $1,105,000.00. Following the completion of the sale, the director owned 70,714 shares of the company’s stock, valued at approximately $12,021,380. This trade represents a 8.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $160.00, for a total value of $4,000,000.00. Following the completion of the transaction, the director owned 232,200 shares of the company’s stock, valued at $37,152,000. This represents a 9.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 41,588 shares of company stock valued at $6,739,227. Insiders own 0.92% of the company’s stock.

Institutional Investors Weigh In On Vistra

Large investors have recently bought and sold shares of the business. Northside Capital Management LLC raised its position in Vistra by 4.9% in the 2nd quarter. Northside Capital Management LLC now owns 139,784 shares of the company’s stock worth $22,174,000 after buying an additional 6,582 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Vistra during the 2nd quarter valued at about $414,000. Tema ETFs LLC grew its stake in shares of Vistra by 10.5% in the second quarter. Tema ETFs LLC now owns 6,100 shares of the company’s stock worth $968,000 after acquiring an additional 580 shares during the period. Haven Capital Group Inc. bought a new stake in shares of Vistra in the second quarter worth approximately $2,812,000. Finally, Fiduciary Financial Group LLC raised its holdings in shares of Vistra by 73.4% during the second quarter. Fiduciary Financial Group LLC now owns 3,951 shares of the company’s stock valued at $627,000 after purchasing an additional 1,672 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Vistra Company Profile

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.