Vista Energy (NYSE:VIST) Lifted to “Buy” at UBS Group

Vista Energy (NYSE:VIST) was upgraded by research analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued on Friday, FinViz reports. The brokerage presently has a $60.00 price objective on the stock, up from their previous price objective of $55.00. UBS Group’s price target suggests a potential upside of 31.90% from the company’s previous close.

VIST has been the subject of several other reports. Bank of America reduced their target price on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.80.

Vista Energy Stock Down 6.1 %

Shares of NYSE:VIST opened at $45.49 on Friday. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 10.53, a price-to-earnings-growth ratio of 0.42 and a beta of 1.81. The company has a 50 day moving average of $47.29 and a two-hundred day moving average of $45.16. Vista Energy has a 52-week low of $25.00 and a 52-week high of $52.47. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.50.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Thursday, July 11th. The company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.66). Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. The firm had revenue of $396.72 million for the quarter, compared to analyst estimates of $397.46 million. As a group, analysts forecast that Vista Energy will post 5.87 earnings per share for the current fiscal year.

Institutional Trading of Vista Energy

A number of institutional investors and hedge funds have recently modified their holdings of VIST. Capital World Investors acquired a new position in shares of Vista Energy in the 1st quarter valued at about $43,318,000. Capital Research Global Investors boosted its stake in Vista Energy by 186.9% in the fourth quarter. Capital Research Global Investors now owns 1,231,407 shares of the company’s stock valued at $36,339,000 after acquiring an additional 802,252 shares during the period. Maple Rock Capital Partners Inc. acquired a new position in Vista Energy in the first quarter valued at approximately $21,145,000. Encompass Capital Advisors LLC grew its holdings in shares of Vista Energy by 41.9% during the second quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after purchasing an additional 302,138 shares during the last quarter. Finally, Gemsstock Ltd. acquired a new stake in shares of Vista Energy during the 2nd quarter worth approximately $13,307,000. 63.81% of the stock is owned by institutional investors and hedge funds.

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.