Vista Energy (NYSE:VIST) Hits New 1-Year High – What’s Next?

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST)’s stock price hit a new 52-week high on Monday . The stock traded as high as $61.22 and last traded at $60.3090, with a volume of 1416786 shares changing hands. The stock had previously closed at $60.59.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VIST shares. The Goldman Sachs Group set a $53.20 price target on Vista Energy in a research note on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research note on Monday, December 29th. Bank of America lifted their target price on Vista Energy from $63.00 to $90.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Wall Street Zen raised shares of Vista Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Finally, Zacks Research cut shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $68.44.

Vista Energy Trading Up 0.7%

The company’s 50-day moving average is $49.66 and its 200-day moving average is $44.21. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 8.95, a PEG ratio of 2.57 and a beta of 0.82. The company has a quick ratio of 0.61, a current ratio of 0.62 and a debt-to-equity ratio of 0.98.

Institutional Trading of Vista Energy

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its holdings in Vista Energy by 82.0% during the first quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after purchasing an additional 4,246 shares during the last quarter. Amundi purchased a new position in Vista Energy during the first quarter worth about $229,000. Goldman Sachs Group Inc. lifted its holdings 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 acquiring an additional 67,189 shares during the period. Vontobel Holding Ltd. raised its stake in Vista Energy by 16.1% during the second quarter. Vontobel Holding Ltd. now owns 1,017,790 shares of the company’s stock worth $48,661,000 after purchasing an additional 141,066 shares during the period. Finally, WCM Investment Management LLC raised its position in shares of Vista Energy by 102.2% in the 2nd quarter. WCM Investment Management LLC now owns 766,219 shares of the company’s stock worth $36,962,000 after buying an additional 387,257 shares during the period. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Vista Energy Company Profile

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.