Brokerages Expect Vistra Energy Corp (NYSE:VST) to Post $0.59 EPS
Brokerages expect that Vistra Energy Corp (NYSE:VST) will post earnings of $0.59 per share for the current quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Vistra Energy’s earnings, with the highest EPS estimate coming in at $0.83 and the lowest estimate coming in at $0.35. Vistra Energy reported earnings of ($0.32) per share during the same quarter last year, which indicates a positive year over year growth rate of 284.4%. The company is scheduled to issue its next quarterly earnings report on Thursday, February 27th.
According to Zacks, analysts expect that Vistra Energy will report full-year earnings of $2.04 per share for the current financial year, with EPS estimates ranging from $1.78 to $2.30. For the next year, analysts expect that the firm will report earnings of $2.48 per share, with EPS estimates ranging from $2.08 to $3.13. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover Vistra Energy.
Vistra Energy (NYSE:VST) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.87 by ($0.64). Vistra Energy had a net margin of 4.40% and a return on equity of 5.00%. The company had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.21 billion. During the same period in the prior year, the company earned $0.61 EPS. The company’s revenue was down 1.5% compared to the same quarter last year.
Shares of NYSE VST traded down $0.21 on Friday, reaching $26.00. 3,823,057 shares of the company traded hands, compared to its average volume of 4,171,560. Vistra Energy has a fifty-two week low of $20.83 and a fifty-two week high of $27.96. The company has a 50 day moving average of $26.90 and a 200 day moving average of $24.73. The company has a current ratio of 1.24, a quick ratio of 1.11 and a debt-to-equity ratio of 1.42. The stock has a market capitalization of $12.96 billion, a PE ratio of -1,300.00, a P/E/G ratio of 0.90 and a beta of 0.57.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Friday, December 13th. Vistra Energy’s dividend payout ratio (DPR) is currently -2,500.00%.
Several institutional investors have recently added to or reduced their stakes in VST. Boston Partners boosted its stake in shares of Vistra Energy by 59.0% during the 2nd quarter. Boston Partners now owns 12,166,382 shares of the company’s stock valued at $275,443,000 after buying an additional 4,514,742 shares during the last quarter. Nuveen Asset Management LLC purchased a new position in shares of Vistra Energy during the 2nd quarter valued at approximately $91,629,000. Oaktree Capital Management LP boosted its stake in shares of Vistra Energy by 17.0% during the 2nd quarter. Oaktree Capital Management LP now owns 28,151,399 shares of the company’s stock valued at $637,347,000 after buying an additional 4,100,000 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Vistra Energy by 221.3% during the 2nd quarter. Invesco Ltd. now owns 5,492,563 shares of the company’s stock valued at $124,350,000 after buying an additional 3,783,279 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Vistra Energy by 178.1% during the 3rd quarter. First Trust Advisors LP now owns 3,489,169 shares of the company’s stock valued at $93,265,000 after buying an additional 2,234,669 shares during the last quarter.
About Vistra Energy
Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.
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