Vista Energy (NYSE:VIST) Coverage Initiated at Pickering Energy Partners

Analysts at Pickering Energy Partners assumed coverage on shares of Vista Energy (NYSE:VIST) in a report issued on Monday,Briefing.com Automated Import reports. The brokerage set an “outperform” rating on the stock.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. increased their price target on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. The Goldman Sachs Group initiated coverage on Vista Energy in a research note on Friday, February 21st. They set a “buy” rating and a $65.40 price objective on the stock. 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 research note on Friday, January 3rd. Finally, Citigroup raised shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price target on the stock in a research report on Thursday, February 13th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $64.73.

Vista Energy Price Performance

VIST stock opened at $38.66 on Monday. Vista Energy has a 12 month low of $36.01 and a 12 month high of $61.67. The firm has a market cap of $3.68 billion, a P/E ratio of 7.49, a P/E/G ratio of 0.83 and a beta of 1.22. 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’s 50-day moving average price is $49.44 and its two-hundred day moving average price is $51.27.

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

Institutional Trading of Vista Energy

A number of large investors have recently added to or reduced their stakes in the stock. State Street Corp raised its holdings in shares of Vista Energy by 53.9% in the 3rd quarter. State Street Corp now owns 100,965 shares of the company’s stock worth $4,461,000 after purchasing an additional 35,342 shares during the period. Lebenthal Global Advisors LLC bought a new stake in shares of Vista Energy in the fourth quarter valued at $343,000. US Bancorp DE purchased a new position in shares of Vista Energy during the 4th quarter valued at $1,019,000. William Blair Investment Management LLC grew its stake in shares of Vista Energy by 27.8% during the 4th quarter. William Blair Investment Management LLC now owns 1,022,172 shares of the company’s stock worth $55,307,000 after acquiring an additional 222,165 shares during the period. Finally, Aubrey Capital Management Ltd purchased a new stake in Vista Energy in the 4th quarter worth about $498,000. Hedge funds and other 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.