Vistra Corp. (NYSE:VST) Receives $230.31 Consensus Target Price from Analysts

Shares of Vistra Corp. (NYSE:VST) have been assigned an average recommendation of “Buy” from the sixteen brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $230.3125.

Several research analysts have recently issued reports on VST shares. Weiss Ratings upgraded shares of Vistra from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Raymond James Financial set a $208.00 price target on shares of Vistra in a research report on Monday, April 27th. Sanford C. Bernstein set a $187.00 price objective on shares of Vistra and gave the company an “outperform” rating in a research report on Tuesday, June 16th. JPMorgan Chase & Co. lowered their price objective on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Seaport Research Partners reissued a “buy” rating and issued a $230.00 target price on shares of Vistra in a research note on Monday, June 15th.

Insiders Place Their Bets

In related news, Director John R. Sult sold 6,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $170.00, for a total transaction of $1,105,000.00. Following the completion of the transaction, the director owned 70,714 shares in the company, valued at $12,021,380. This represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul M. Barbas sold 244 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director directly owned 53,006 shares of the company’s stock, valued at $8,109,918. The trade was a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 41,588 shares of company stock valued at $6,739,227 over the last three months. 0.92% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC lifted its position in shares of Vistra by 58.7% in the 1st quarter. Western Wealth Management LLC now owns 3,383 shares of the company’s stock worth $509,000 after purchasing an additional 1,251 shares during the period. Wealth High Governance Capital Ltda purchased a new position in shares of Vistra during the first quarter valued at about $10,543,000. Wealth High Governance Asset Management Ltda. bought a new position in Vistra in the first quarter worth about $8,980,000. Pine Valley Investments Ltd Liability Co lifted its holdings in Vistra by 779.5% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 11,425 shares of the company’s stock worth $1,718,000 after buying an additional 10,126 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in Vistra by 15.4% in the first quarter. Parallel Advisors LLC now owns 5,472 shares of the company’s stock worth $823,000 after buying an additional 730 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

VST opened at $153.08 on Friday. The stock’s 50 day simple moving average is $154.55 and its 200 day simple moving average is $159.11. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. Vistra has a 1 year low of $132.66 and a 1 year high of $219.82. The firm has a market cap of $51.62 billion, a price-to-earnings ratio of 25.64 and a beta of 1.40.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, May 7th. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $1.32 by $1.55. The firm had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.22 billion. Vistra had a return on equity of 105.64% and a net margin of 11.52%. As a group, analysts predict that Vistra will post 9.52 earnings per share for the current year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were issued a $0.229 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 22nd. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra’s dividend payout ratio (DPR) is 15.41%.

About Vistra

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.