Vista Energy (NYSE:VIST) Raised to “Buy” at UBS Group

UBS Group upgraded shares of Vista Energy (NYSE:VIST) from a neutral rating to a buy rating in a report published on Friday, MarketBeat reports. The firm currently has $60.00 price target on the stock, up from their prior price target of $55.00.

Other equities analysts also recently issued research reports about the company. Bank of America decreased their target price on Vista Energy from $70.00 to $68.00 and set a buy rating for the company in a report on Wednesday, September 18th. JPMorgan Chase & Co. started coverage on shares of Vista Energy in a report on Tuesday, August 20th. They issued an overweight rating and a $68.00 price objective for the company. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of $59.80.

Vista Energy Price Performance

VIST stock opened at $45.97 on Friday. The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of 10.64, a PEG ratio of 0.42 and a beta of 1.81. The firm’s 50-day moving average price is $47.25 and its two-hundred day moving average price is $45.31. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.50. Vista Energy has a 12-month low of $25.00 and a 12-month high of $52.47.

Vista Energy (NYSE:VIST) last announced its quarterly earnings results on Thursday, July 11th. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.66). The business had revenue of $396.72 million for the quarter, compared to analysts’ expectations of $397.46 million. Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. As a group, equities analysts predict that Vista Energy will post 5.87 earnings per share for the current year.

Hedge Funds Weigh In On Vista Energy

Institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its stake in shares of Vista Energy by 5,683.1% in the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after acquiring an additional 3,353 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Vista Energy by 41.0% during the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after purchasing an additional 1,208 shares in the last quarter. Custom Index Systems LLC purchased a new position in shares of Vista Energy during the second quarter valued at approximately $343,000. Baader Bank Aktiengesellschaft bought a new stake in shares of Vista Energy in the 2nd quarter worth approximately $354,000. Finally, Commonwealth Equity Services LLC grew its stake in shares of Vista Energy by 18.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after buying an additional 1,359 shares during the last quarter. Institutional investors own 63.81% of the company’s stock.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.