Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Given Consensus Rating of “Buy” by Brokerages

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) has been given an average recommendation of “Buy” by the six ratings firms that are covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $83.24.

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vista Energy in a research note on Tuesday, June 9th. JPMorgan Chase & Co. boosted their price objective on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Zacks Research upgraded shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. UBS Group upped their target price on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, HSBC assumed coverage on shares of Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 price target for the company.

Vista Energy Trading Down 0.2%

Shares of VIST stock opened at $60.25 on Monday. The business’s fifty day moving average price is $70.73 and its 200 day moving average price is $62.63. Vista Energy has a 1-year low of $31.63 and a 1-year high of $81.44. The firm has a market capitalization of $6.28 billion, a PE ratio of 8.81, a P/E/G ratio of 0.26 and a beta of 0.63. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.76.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The business had revenue of $865.01 million during the quarter, compared to analyst estimates of $708.61 million. As a group, sell-side analysts forecast that Vista Energy will post 12.91 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

Hedge funds have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its position in Vista Energy by 11.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock worth $194,145,000 after purchasing an additional 402,585 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vista Energy by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after buying an additional 649,468 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Vista Energy by 26.2% during the 4th quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock worth $162,321,000 after buying an additional 693,566 shares during the last quarter. Capital World Investors boosted its position in shares of Vista Energy by 1.2% in the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock worth $102,485,000 after buying an additional 36,549 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in shares of Vista Energy in the 1st quarter worth about $102,610,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

About Vista Energy

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.