Jefferies Financial Group Boosts Vistra (NYSE:VST) Price Target to $137.00

Vistra (NYSE:VST) had its price objective increased by analysts at Jefferies Financial Group from $99.00 to $137.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 19.96% from the company’s current price.

Several other equities analysts also recently weighed in on the company. BMO Capital Markets raised their price target on Vistra from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday. Morgan Stanley increased their price objective on Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research note on Monday. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $110.83.

Vistra Price Performance

NYSE VST traded up $2.57 during mid-day trading on Tuesday, hitting $114.20. The stock had a trading volume of 2,848,897 shares, compared to its average volume of 6,666,592. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89. The company has a market cap of $39.68 billion, a price-to-earnings ratio of 70.06 and a beta of 1.08. Vistra has a 52-week low of $31.16 and a 52-week high of $115.57. The company has a 50 day simple moving average of $80.66 and a 200 day simple moving average of $81.20.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Atria Investments Inc purchased a new stake in shares of Vistra during the 1st quarter valued at about $1,675,000. Teachers Retirement System of The State of Kentucky lifted its position in Vistra by 41.2% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 115,600 shares of the company’s stock worth $4,453,000 after purchasing an additional 33,738 shares during the period. Stephens Inc. AR lifted its holdings in Vistra by 633.7% in the 4th quarter. Stephens Inc. AR now owns 58,668 shares of the company’s stock valued at $2,260,000 after acquiring an additional 50,672 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Vistra by 8.1% during the 2nd quarter. Intech Investment Management LLC now owns 206,648 shares of the company’s stock worth $17,768,000 after acquiring an additional 15,407 shares in the last quarter. Finally, Banco Santander S.A. purchased a new position in Vistra during the 1st quarter worth approximately $673,000. 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.