Vista Energy, S.A.B. de C.V. (NYSE:VIST) Given Consensus Recommendation of “Buy” by Brokerages

Vista Energy, S.A.B. de C.V. (NYSE:VIST) has earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $64.73.

Several analysts have issued reports on VIST shares. The Goldman Sachs Group assumed coverage on Vista Energy in a research note on Friday, February 21st. They issued a “buy” rating and a $65.40 price target on the stock. UBS Group restated a “neutral” rating and issued a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. Citigroup raised shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price target for the company in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. increased their target price on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th.

Institutional Trading of Vista Energy

A number of large investors have recently added to or reduced their stakes in VIST. JPMorgan Chase & Co. increased its stake in shares of Vista Energy by 795.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock worth $123,604,000 after purchasing an additional 2,029,081 shares during the last quarter. TT International Asset Management LTD increased its position in Vista Energy by 2.3% during the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after buying an additional 43,664 shares during the last quarter. Discovery Capital Management LLC CT increased its position in Vista Energy by 4.9% during the fourth quarter. Discovery Capital Management LLC CT now owns 1,320,566 shares of the company’s stock worth $71,456,000 after buying an additional 61,800 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its stake in Vista Energy by 6.2% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,234,108 shares of the company’s stock valued at $66,778,000 after buying an additional 72,500 shares during the period. Finally, Driehaus Capital Management LLC lifted its position in shares of Vista Energy by 10.9% in the fourth quarter. Driehaus Capital Management LLC now owns 1,185,669 shares of the company’s stock valued at $64,157,000 after buying an additional 116,920 shares during the last quarter. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Price Performance

Shares of VIST opened at $49.10 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market capitalization of $4.67 billion, a PE ratio of 9.52, a P/E/G ratio of 0.83 and a beta of 1.70. The stock has a 50 day simple moving average of $52.61 and a 200 day simple moving average of $51.45. Vista Energy has a 52-week low of $36.01 and a 52-week high of $61.67.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.67). Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. The company had revenue of $471.32 million for the quarter, compared to the consensus estimate of $464.55 million. Sell-side analysts predict that Vista Energy will post 5.74 EPS for the current fiscal year.

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.