Vista Energy (NYSE:VIST) Shares Gap Down – Here’s Why

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) shares gapped down prior to trading on Tuesday . The stock had previously closed at $60.23, but opened at $56.23. Vista Energy shares last traded at $56.0650, with a volume of 1,557,890 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Bank of America increased their target price on Vista Energy from $63.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and upped their price objective for the company from $50.00 to $65.00 in a report on Sunday, January 11th. Wall Street Zen raised Vista Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. JPMorgan Chase & Co. boosted their target price on shares of Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Finally, The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a research report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.44.

Vista Energy Price Performance

The company has a current ratio of 0.62, a quick ratio of 0.61 and a debt-to-equity ratio of 0.98. The firm has a market cap of $5.78 billion, a price-to-earnings ratio of 8.18, a price-to-earnings-growth ratio of 2.57 and a beta of 0.83. The company’s 50-day moving average is $49.90 and its 200-day moving average is $44.31.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in VIST. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Vista Energy in the 3rd quarter valued at approximately $28,499,000. Itau Unibanco Holding S.A. lifted its stake in Vista Energy by 356.1% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 550,435 shares of the company’s stock valued at $26,316,000 after purchasing an additional 429,740 shares during the last quarter. Carrhae Capital LLP acquired a new stake in Vista Energy in the second quarter valued at approximately $19,152,000. Ruffer LLP acquired a new stake in Vista Energy in the fourth quarter valued at approximately $19,227,000. Finally, WCM Investment Management LLC grew its stake in shares of Vista Energy by 102.2% during the second 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 last quarter. Institutional investors own 63.81% of the company’s stock.

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.