Vista Energy (NYSE:VIST) Rating Increased to Buy at UBS Group

UBS Group upgraded shares of Vista Energy (NYSE:VIST) from a neutral rating to a buy rating in a research note released on Friday morning, Marketbeat.com reports. They currently have $60.00 target price on the stock, up from their previous target price of $55.00.

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

Vista Energy Stock Performance

VIST opened at $44.19 on Friday. 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 has a 12-month low of $25.00 and a 12-month high of $52.47. The business has a 50 day moving average of $47.18 and a 200-day moving average of $45.35. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 0.39 and a beta of 1.81.

Vista Energy (NYSE:VIST) last posted 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 business had revenue of $396.72 million during the quarter, compared to the consensus estimate of $397.46 million. On average, equities research analysts expect that Vista Energy will post 5.87 earnings per share for the current year.

Hedge Funds Weigh In On Vista Energy

Hedge funds have recently bought and sold shares of the business. Blue Trust Inc. raised its holdings in Vista Energy by 5,683.1% in the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after acquiring an additional 3,353 shares in the last quarter. Rhumbline Advisers increased its position 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 period. Custom Index Systems LLC acquired a new position in Vista Energy in the second quarter valued at about $343,000. Baader Bank Aktiengesellschaft bought a new stake in Vista Energy during the second quarter worth about $354,000. Finally, Commonwealth Equity Services LLC grew its stake in Vista Energy by 18.0% during the second quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after buying an additional 1,359 shares in the last quarter. 63.81% of the stock is owned by institutional investors.

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.