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

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) gapped up prior to trading on Monday . The stock had previously closed at $38.15, but opened at $42.91. Vista Energy shares last traded at $42.64, with a volume of 574,918 shares trading hands.

Analyst Ratings Changes

VIST has been the topic of several recent research reports. UBS Group reaffirmed a “neutral” rating and set a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. The Goldman Sachs Group began coverage on shares of Vista Energy in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 price target 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 report on Thursday, February 13th. Pickering Energy Partners began coverage on Vista Energy in a report on Monday, April 7th. They set an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. increased their price target on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, January 10th. One 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $64.73.

Vista Energy Stock Down 1.0 %

The firm’s fifty day simple moving average is $46.54 and its two-hundred day simple moving average is $50.60. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 7.84, a price-to-earnings-growth ratio of 0.83 and a beta of 1.22.

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

Hedge Funds Weigh In On Vista Energy

Hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in Vista Energy by 795.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock valued at $123,604,000 after buying an additional 2,029,081 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vista Energy in the 4th quarter worth approximately $42,575,000. Cooper Creek Partners Management LLC purchased a new position in shares of Vista Energy during the 4th quarter worth approximately $39,392,000. Ninety One UK Ltd acquired a new stake in Vista Energy in the 4th quarter valued at approximately $38,149,000. Finally, Ninety One North America Inc. purchased a new stake in Vista Energy in the fourth quarter valued at approximately $23,403,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

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.