Vista Energy (NYSE:VIST) Shares Gap Down – Here’s Why

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares gapped down prior to trading on Tuesday . The stock had previously closed at $51.42, but opened at $49.08. Vista Energy shares last traded at $51.12, with a volume of 424,324 shares.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VIST. UBS Group reiterated a “neutral” rating and issued a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. JPMorgan Chase & Co. boosted their target price on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. Finally, Citigroup upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price target on the stock in a report on Thursday, February 13th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Vista Energy presently has a consensus rating of “Moderate Buy” and an average price target of $64.60.

Vista Energy Stock Performance

The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The company has a market cap of $4.86 billion, a price-to-earnings ratio of 9.89, a PEG ratio of 0.80 and a beta of 1.70. The stock has a 50 day simple moving average of $55.06 and a 200 day simple moving average of $51.35.

Institutional Investors Weigh In On Vista Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Custom Index Systems LLC boosted its position in Vista Energy by 2.9% in the 3rd quarter. Custom Index Systems LLC now owns 7,763 shares of the company’s stock valued at $343,000 after buying an additional 218 shares during the last quarter. Money Concepts Capital Corp lifted its stake in shares of Vista Energy by 2.4% in the fourth quarter. Money Concepts Capital Corp now owns 16,083 shares of the company’s stock worth $870,000 after acquiring an additional 380 shares in the last quarter. Geode Capital Management LLC increased its holdings in Vista Energy by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 14,413 shares of the company’s stock worth $780,000 after purchasing an additional 410 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Vista Energy by 40.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock valued at $83,000 after purchasing an additional 441 shares in the last quarter. Finally, Principal Securities Inc. boosted its stake in shares of Vista Energy by 16,166.7% during the 4th quarter. Principal Securities Inc. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 485 shares during the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.