Vista Energy (NYSE:VIST) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) saw unusually-high trading volume on Monday . Approximately 1,190,194 shares traded hands during trading, a decline of 0% from the previous session’s volume of 1,190,590 shares.The stock last traded at $60.8020 and had previously closed at $57.74.

Wall Street Analyst Weigh In

VIST has been the topic of several recent analyst reports. Zacks Research downgraded shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vista Energy in a research report on Monday, December 29th. JPMorgan Chase & Co. boosted their price target on Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. The Goldman Sachs Group set a $53.20 price target on Vista Energy in a report on Wednesday, December 17th. Finally, UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $50.00 to $65.00 in a report on Sunday, January 11th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, 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 cap of $6.16 billion, a P/E ratio of 8.85, a P/E/G ratio of 2.88 and a beta of 0.84. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50-day moving average of $52.97 and a two-hundred day moving average of $46.17.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). The firm had revenue of $719.06 million during 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%. On average, sell-side analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 EPS for the current fiscal year.

Institutional Trading of Vista Energy

A number of institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd raised its position in shares of Vista Energy by 1,009.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after purchasing an additional 656 shares during the last quarter. Platinum Investment Management Ltd. purchased a new position in shares of Vista Energy in the fourth quarter worth $67,000. Blue Trust Inc. lifted its stake in shares of Vista Energy by 154.8% during the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after buying an additional 1,878 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Vista Energy during the second quarter valued at $163,000. Finally, Channing Global Advisors LLC increased its position in shares of Vista Energy by 47.6% in the 2nd quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock valued at $217,000 after acquiring an additional 1,462 shares during the period. Institutional investors and hedge funds own 63.81% of the company’s stock.

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.