UBS Group Raises Vista Energy (NYSE:VIST) Price Target to $55.00

Vista Energy (NYSE:VIST) had its price objective increased by UBS Group from $50.00 to $55.00 in a research report report published on Wednesday, Benzinga reports. UBS Group currently has a neutral rating on the stock.

Several other research analysts also recently commented on the stock. Bank of America initiated coverage on shares of Vista Energy in a research note on Wednesday, August 28th. They set a buy rating and a $70.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a report on Tuesday, August 20th. They issued an overweight rating and a $68.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $59.20.

Vista Energy Trading Down 1.0 %

VIST stock opened at $48.03 on Wednesday. The company has a market capitalization of $4.62 billion, a PE ratio of 11.12, a price-to-earnings-growth ratio of 0.39 and a beta of 1.81. Vista Energy has a one year low of $24.38 and a one year high of $52.47. The company’s 50 day moving average price is $47.02 and its two-hundred day moving average price is $44.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.76 and a current ratio of 0.77.

Vista Energy (NYSE:VIST) last posted its quarterly earnings results on Thursday, July 11th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.66). The business had revenue of $396.72 million for the quarter, compared to analysts’ expectations of $397.46 million. Vista Energy had a return on equity of 38.04% and a net margin of 33.08%. As a group, analysts predict that Vista Energy will post 6.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VIST. Millennium Management LLC boosted its holdings in Vista Energy by 30.5% in the second quarter. Millennium Management LLC now owns 249,512 shares of the company’s stock valued at $11,348,000 after acquiring an additional 58,293 shares in the last quarter. Encompass Capital Advisors LLC boosted its holdings in Vista Energy by 41.9% in the second quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after acquiring an additional 302,138 shares in the last quarter. Itau Unibanco Holding S.A. bought a new stake in Vista Energy in the second quarter valued at $987,000. Sei Investments Co. boosted its holdings in Vista Energy by 253.6% in the second quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock valued at $14,388,000 after acquiring an additional 226,891 shares in the last quarter. Finally, Seven Eight Capital LP bought a new stake in Vista Energy in the second quarter valued at $1,085,000. Institutional investors own 63.81% of the company’s stock.

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.