Vista Energy (NYSE:VIST) Reaches New 12-Month High – Should You Buy?

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $54.90 and last traded at $54.73, with a volume of 782524 shares. The stock had previously closed at $51.77.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Bank of America reduced their price target on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $55.00 to $60.00 in a research report on Friday, September 27th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Vista Energy in a research report on Tuesday, August 20th. They issued an “overweight” rating and a $68.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.80.

Vista Energy Stock Performance

The business has a 50 day simple moving average of $48.53 and a two-hundred day simple moving average of $47.01. 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 firm has a market cap of $5.35 billion, a PE ratio of 10.80, a price-to-earnings-growth ratio of 0.40 and a beta of 1.78.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VIST. TT International Asset Management LTD increased its position in shares of 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 purchasing an additional 43,664 shares in the last quarter. Capital World Investors acquired a new position in shares of Vista Energy in the 1st quarter valued at $43,318,000. Encompass Capital Advisors LLC boosted its stake in Vista Energy by 41.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock worth $46,562,000 after purchasing an additional 302,138 shares during the period. NS Partners Ltd purchased a new position in Vista Energy during the 3rd quarter worth $26,777,000. Finally, Maple Rock Capital Partners Inc. purchased a new position in shares of Vista Energy in the 1st quarter valued at approximately $21,145,000. Institutional investors and hedge funds 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.