Vista Energy (NYSE:VIST) Sets New 52-Week Low – Here’s Why

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $33.30 and last traded at $35.52, with a volume of 335577 shares. The stock had previously closed at $38.73.

Analyst Ratings Changes

VIST has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price objective on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research note on Friday, January 10th. Pickering Energy Partners assumed coverage on shares of Vista Energy in a research report on Monday. They issued an “outperform” rating on the stock. Citigroup upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price objective for the company in a research note on Thursday, February 13th. UBS Group reiterated a “neutral” rating and issued a $64.00 target price (up from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. Finally, The Goldman Sachs Group assumed coverage on shares of Vista Energy in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 target price for the company. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $64.73.

Vista Energy Stock Down 5.4 %

The firm has a 50-day moving average price of $49.44 and a two-hundred day moving average price of $51.27. The company has a market capitalization of $3.49 billion, a P/E ratio of 7.16, a PEG 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.

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

Institutional Investors Weigh In On Vista Energy

Several hedge funds have recently made changes to their positions in the stock. Money Concepts Capital Corp raised its holdings in Vista Energy by 2.4% in the 4th quarter. Money Concepts Capital Corp now owns 16,083 shares of the company’s stock valued at $870,000 after acquiring an additional 380 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Vista Energy by 40.4% during the fourth 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 during the period. Principal Securities Inc. raised its stake in shares of Vista Energy by 16,166.7% in the fourth quarter. Principal Securities Inc. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 485 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in Vista Energy by 32.9% in the fourth quarter. Legal & General Group Plc now owns 2,269 shares of the company’s stock worth $123,000 after purchasing an additional 562 shares during the period. 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.