Vistra (NYSE:VST) Trading Up 1.7% – Should You Buy?

Shares of Vistra Corp. (NYSE:VST) shot up 1.7% on Monday . The company traded as high as $128.30 and last traded at $126.10. 1,647,021 shares were traded during trading, a decline of 76% from the average session volume of 6,914,986 shares. The stock had previously closed at $124.03.

Wall Street Analyst Weigh In

VST has been the subject of a number of research reports. UBS Group reduced their price objective on Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, October 22nd. Royal Bank of Canada lifted their price target on shares of Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. Jefferies Financial Group upped their price objective on shares of Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. Guggenheim lifted their price objective on shares of Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Finally, Morgan Stanley raised their price target on shares of Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, September 23rd. Ten research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $145.40.

Vistra Stock Performance

The company’s 50 day simple moving average is $106.31 and its 200 day simple moving average is $91.86. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98. The stock has a market cap of $44.01 billion, a PE ratio of 77.71 and a beta of 1.10.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter last year, the business posted $1.03 earnings per share. Analysts expect that Vistra Corp. will post 4.02 earnings per share for the current year.

Hedge Funds Weigh In On Vistra

Institutional investors have recently added to or reduced their stakes in the stock. Forum Financial Management LP boosted its stake in Vistra by 0.7% in the third quarter. Forum Financial Management LP now owns 11,527 shares of the company’s stock valued at $1,366,000 after acquiring an additional 80 shares during the last quarter. Interchange Capital Partners LLC lifted its stake in Vistra by 4.2% in the third quarter. Interchange Capital Partners LLC now owns 2,710 shares of the company’s stock valued at $321,000 after purchasing an additional 109 shares during the last quarter. Simplicity Wealth LLC lifted its stake in Vistra by 3.0% in the second quarter. Simplicity Wealth LLC now owns 3,883 shares of the company’s stock valued at $334,000 after purchasing an additional 112 shares during the last quarter. New Century Financial Group LLC increased its position in Vistra by 4.4% in the third quarter. New Century Financial Group LLC now owns 2,666 shares of the company’s stock worth $316,000 after buying an additional 112 shares during the last quarter. Finally, Nvwm LLC raised its stake in shares of Vistra by 1.3% in the third quarter. Nvwm LLC now owns 10,446 shares of the company’s stock valued at $1,238,000 after buying an additional 138 shares during the period. Institutional investors own 90.88% of the company’s stock.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.