Vista Energy (NYSE:VIST) Shares Gap Down – Here’s What Happened

Vista Energy, S.A.B. de C.V. (NYSE:VIST) gapped down before the market opened on Tuesday . The stock had previously closed at $51.42, but opened at $49.08. Vista Energy shares last traded at $51.12, with a volume of 424,324 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on VIST shares. JPMorgan Chase & Co. boosted their price target on shares of Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, January 10th. Citigroup raised Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price for the company in a research note on Thursday, February 13th. Finally, UBS Group reaffirmed a “neutral” rating and set a $64.00 price target (up previously from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $64.60.

Vista Energy Trading Up 4.4 %

The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 10.72, a price-to-earnings-growth ratio of 0.76 and a beta of 1.70. The business’s fifty day moving average is $54.96 and its 200 day moving average is $51.36. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48.

Institutional Trading of Vista Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Vista Energy by 795.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock worth $123,604,000 after acquiring an additional 2,029,081 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Vista Energy during the fourth quarter worth $42,575,000. Cooper Creek Partners Management LLC acquired a new position in Vista Energy during the fourth quarter worth $39,392,000. Ninety One UK Ltd bought a new position in Vista Energy in the fourth quarter valued at $38,149,000. Finally, NS Partners Ltd acquired a new stake in Vista Energy in the 3rd quarter valued at $26,777,000. Institutional investors and hedge funds 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.