Vista Energy (NYSE:VIST) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Vista Energy (NYSE:VIST) from a hold rating to a buy rating in a report published on Saturday morning,Wall Street Zen reports.

Other equities analysts have also recently issued reports about the company. Weiss Ratings upgraded Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. JPMorgan Chase & Co. lowered their price objective on shares of Vista Energy from $94.00 to $87.00 and set an “overweight” rating for the company in a research note on Thursday, October 29th. Finally, Zacks Research upgraded shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and a consensus target price of $82.04.

Vista Energy Stock Performance

VIST stock opened at $57.47 on Friday. The firm has a market cap of $6.36 billion, a PE ratio of 7.99, a price-to-earnings-growth ratio of 0.60 and a beta of 0.58. The company has a current ratio of 0.72, a quick ratio of 0.71 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average price of $70.15 and a 200-day moving average price of $67.20. Vista Energy has a 1-year low of $43.71 and a 1-year high of $81.44.

Vista Energy (NYSE:VIST) last announced its earnings results on Wednesday, October 28th. The company reported $2.16 EPS for the quarter, missing the consensus estimate of $2.79 by ($0.63). The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.14 billion. Vista Energy had a net margin of 19.66% and a return on equity of 20.79%. As a group, equities research analysts expect that Vista Energy will post 10.05 earnings per share for the current year.

Institutional Investors Weigh In On Vista Energy

Several hedge funds and other institutional investors have recently modified their holdings of VIST. Lazard Asset Management LLC purchased a new position in Vista Energy during the 1st quarter worth $102,610,000. TT International Asset Management LTD raised its holdings in shares of Vista Energy by 9,790.3% in the third quarter. TT International Asset Management LTD now owns 1,087,935 shares of the company’s stock valued at $71,097,000 after purchasing an additional 1,076,935 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Vista Energy by 824.7% during the first quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock valued at $70,066,000 after purchasing an additional 827,997 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Vista Energy during the first quarter valued at about $28,803,000. Finally, RWC Asset Advisors US LLC purchased a new position in Vista Energy during the second quarter worth about $23,346,000. Institutional investors own 63.81% of the company’s stock.

About Vista Energy

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s operations are centered on Argentina’s Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.