Vistra Energy (VST) Cut to Sell at Zacks Investment Research

Vistra Energy (NYSE:VST) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Sunday.

According to Zacks, “Vistra Energy Corp. is an energy company. It offers electricity and power generation, distribution and transmission solutions. Vistra Energy Corp. is based in Dallas, United States. “

Several other analysts also recently issued reports on the company. Wolfe Research raised Vistra Energy from a “market perform” rating to an “outperform” rating in a report on Thursday. SunTrust Banks reissued a “hold” rating and issued a $19.00 price target on shares of Vistra Energy in a report on Thursday, December 21st. Royal Bank of Canada assumed coverage on Vistra Energy in a report on Wednesday, December 20th. They issued an “outperform” rating and a $21.00 price target on the stock. Deutsche Bank raised Vistra Energy to a “buy” rating and set a $21.00 price target on the stock in a report on Tuesday, October 31st. Finally, Bank of America assumed coverage on Vistra Energy in a report on Tuesday, October 24th. They issued a “buy” rating and a $22.00 price target on the stock. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $19.88.

Shares of Vistra Energy (VST) opened at $19.49 on Friday. Vistra Energy has a 1-year low of $0.01 and a 1-year high of $21.20. The company has a current ratio of 2.18, a quick ratio of 1.92 and a debt-to-equity ratio of 0.65.

Vistra Energy (NYSE:VST) last announced its quarterly earnings results on Friday, November 3rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.32. The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.93 billion. Vistra Energy had a return on equity of 352.77% and a net margin of 416.84%. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. analysts predict that Vistra Energy will post 0.77 EPS for the current year.

In other Vistra Energy news, CFO J William Holden III bought 1,800 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were purchased at an average price of $19.19 per share, with a total value of $34,542.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, insider James A. Burke sold 12,621 shares of Vistra Energy stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $19.27, for a total value of $243,206.67. The disclosure for this sale can be found here. Insiders have acquired a total of 47,144 shares of company stock worth $860,320 in the last ninety days.

A number of institutional investors have recently made changes to their positions in VST. Quantbot Technologies LP bought a new stake in Vistra Energy during the 3rd quarter valued at $124,000. Virtu KCG Holdings LLC acquired a new position in shares of Vistra Energy during the 2nd quarter valued at $182,000. Macquarie Group Ltd. acquired a new position in shares of Vistra Energy during the 3rd quarter valued at $187,000. Cubist Systematic Strategies LLC acquired a new position in shares of Vistra Energy during the 3rd quarter valued at $204,000. Finally, D.A. Davidson & CO. acquired a new position in shares of Vistra Energy during the 3rd quarter valued at $214,000.

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About Vistra Energy

Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.

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