Vista Energy (NYSE:VIST) Reaches New 12-Month High – Time to Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $59.91 and last traded at $58.93, with a volume of 61197 shares trading hands. The stock had previously closed at $58.79.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. UBS Group reaffirmed a “neutral” rating and set a $64.00 price objective (up previously from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $61.40.

Vista Energy Trading Down 2.1 %

The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 11.29, a P/E/G ratio of 0.83 and a beta of 1.71. The firm’s 50-day moving average is $54.14 and its 200-day moving average is $49.87. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Commonwealth Equity Services LLC lifted its position in Vista Energy by 18.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock valued at $405,000 after acquiring an additional 1,359 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Vista Energy by 41.0% in the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after purchasing an additional 1,208 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Vista Energy by 10.1% in the second quarter. American Century Companies Inc. now owns 315,438 shares of the company’s stock valued at $14,346,000 after purchasing an additional 28,815 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Vista Energy by 11.5% during the second quarter. Dimensional Fund Advisors LP now owns 199,450 shares of the company’s stock valued at $9,076,000 after buying an additional 20,531 shares during the last quarter. Finally, Seven Eight Capital LP bought a new stake in Vista Energy during the second quarter worth $1,085,000. 63.81% of the stock is currently 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.