Vista Energy (NYSE:VIST) Hits New 1-Year High – Here’s Why

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) shares reached a new 52-week high on Friday . The company traded as high as $65.19 and last traded at $65.3240, with a volume of 530373 shares trading hands. The stock had previously closed at $62.37.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on VIST shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research note on Monday, December 29th. Bank of America started coverage on Vista Energy in a research note on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price objective for the company. Zacks Research cut Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 26th. The Goldman Sachs Group set a $53.20 target price on Vista Energy in a research note on Wednesday, December 17th. Finally, JPMorgan Chase & Co. boosted their price target on Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $68.55.

Vista Energy Stock Performance

The company has a market capitalization of $6.74 billion, a P/E ratio of 9.70, a P/E/G ratio of 2.92 and a beta of 0.84. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.86 and a current ratio of 0.86. The business’s fifty day simple moving average is $54.74 and its 200-day simple moving average is $47.06.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.63). The company had revenue of $719.06 million for the quarter, compared to the consensus estimate of $679.81 million. Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. As a group, equities analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VIST. Caitong International Asset Management Co. Ltd grew its holdings in Vista Energy by 1,009.2% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after buying an additional 656 shares in the last quarter. Platinum Investment Management Ltd. bought a new position in shares of Vista Energy during the 4th quarter valued at approximately $67,000. Blue Trust Inc. boosted its position in shares of Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after acquiring an additional 1,878 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vista Energy in the second quarter valued at $163,000. Finally, Kapitalo Investimentos Ltda bought a new stake in Vista Energy in the third quarter worth $202,000. 63.81% of the stock is owned by 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.