Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Receives Average Recommendation of “Buy” from Analysts

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) have earned a consensus rating of “Buy” from the six analysts that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $83.24.

A number of equities research analysts have recently commented on VIST shares. Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. HSBC started coverage on Vista Energy in a report on Sunday, June 14th. They set a “buy” rating and a $95.00 price target on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vista Energy in a research note on Tuesday, June 9th. JPMorgan Chase & Co. increased their price objective on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Finally, UBS Group lifted their target price on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th.

Institutional Investors Weigh In On Vista Energy

Several hedge funds have recently modified their holdings of VIST. EverSource Wealth Advisors LLC raised its position in Vista Energy by 46.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after buying an additional 163 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Vista Energy by 1,009.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after acquiring an additional 656 shares during the period. Platinum Investment Management Ltd. purchased a new position in Vista Energy during the fourth quarter worth about $67,000. DV Trading LLC acquired a new stake in Vista Energy in the first quarter valued at about $226,000. Finally, Blue Trust Inc. lifted its position in Vista Energy by 154.8% in the fourth 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 during the period. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Stock Performance

Shares of VIST opened at $60.25 on Monday. The company’s 50 day simple moving average is $70.73 and its 200-day simple moving average is $62.63. The firm has a market cap of $6.28 billion, a PE ratio of 8.81, a price-to-earnings-growth ratio of 0.26 and a beta of 0.63. Vista Energy has a 12-month low of $31.63 and a 12-month high of $81.44. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). Vista Energy had a return on equity of 14.80% and a net margin of 25.65%.The business had revenue of $865.01 million for the quarter, compared to analyst estimates of $708.61 million. As a group, equities analysts predict that Vista Energy will post 12.91 EPS for the current year.

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.