Vistra (NYSE:VST) PT Raised to $125.00 at BMO Capital Markets

Vistra (NYSE:VST) had its price target upped by BMO Capital Markets from $120.00 to $125.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price target indicates a potential upside of 17.34% from the stock’s current price.

Several other research analysts also recently issued reports on the company. Jefferies Financial Group started coverage on Vistra in a report on Friday, September 13th. They set a “buy” rating and a $99.00 price objective on the stock. Morgan Stanley boosted their target price on Vistra from $109.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, August 23rd. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Vistra currently has a consensus rating of “Buy” and an average price target of $91.71.

Vistra Price Performance

VST traded up $14.01 during trading on Friday, hitting $106.53. The company’s stock had a trading volume of 10,335,790 shares, compared to its average volume of 6,564,240. The firm’s 50 day moving average price is $79.82 and its two-hundred day moving average price is $80.21. The stock has a market capitalization of $36.60 billion, a price-to-earnings ratio of 64.96 and a beta of 1.08. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89. Vistra has a 12 month low of $31.16 and a 12 month high of $107.24.

Vistra (NYSE:VST) last announced its earnings results on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The company had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same period in the prior year, the firm posted $1.03 earnings per share. Sell-side analysts forecast that Vistra will post 4.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Simplicity Wealth LLC boosted its stake in Vistra by 3.0% during the 2nd quarter. Simplicity Wealth LLC now owns 3,883 shares of the company’s stock worth $334,000 after acquiring an additional 112 shares during the last quarter. Lindbrook Capital LLC raised its holdings in Vistra by 16.8% in the first quarter. Lindbrook Capital LLC now owns 981 shares of the company’s stock worth $68,000 after purchasing an additional 141 shares during the period. Massmutual Trust Co. FSB ADV boosted its position in shares of Vistra by 38.6% during the second quarter. Massmutual Trust Co. FSB ADV now owns 557 shares of the company’s stock worth $48,000 after purchasing an additional 155 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Vistra by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 36,465 shares of the company’s stock valued at $2,539,000 after buying an additional 170 shares during the period. Finally, Checchi Capital Advisers LLC increased its position in shares of Vistra by 5.0% in the 2nd quarter. Checchi Capital Advisers LLC now owns 3,965 shares of the company’s stock valued at $341,000 after buying an additional 190 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.