Vista Energy, S.A.B. de C.V. (NYSE:VIST) Receives Average Recommendation of “Buy” from Brokerages

Vista Energy, S.A.B. de C.V. (NYSE:VIST) has earned a consensus rating of “Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $64.73.

Several research firms recently issued reports on VIST. JPMorgan Chase & Co. boosted their price target on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research note on Friday, January 10th. Citigroup raised shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price for the company in a research report on Thursday, February 13th. UBS Group reaffirmed a “neutral” rating and set a $64.00 price target (up from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Finally, The Goldman Sachs Group started coverage on shares of Vista Energy in a report on Friday, February 21st. They issued a “buy” rating and a $65.40 price objective for the company.

Institutional Investors Weigh In On Vista Energy

Several institutional investors and hedge funds have recently bought and sold shares of VIST. Money Concepts Capital Corp raised its position in shares of Vista Energy by 2.4% in the 4th quarter. Money Concepts Capital Corp now owns 16,083 shares of the company’s stock valued at $870,000 after buying an additional 380 shares in the last quarter. Geode Capital Management LLC raised its position in Vista Energy by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company’s stock valued at $780,000 after purchasing an additional 410 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Vista Energy by 40.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock worth $83,000 after purchasing an additional 441 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Vista Energy by 16,166.7% in the 4th quarter. Principal Securities Inc. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 485 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of Vista Energy by 32.9% in the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company’s stock valued at $123,000 after purchasing an additional 562 shares during the last quarter. Institutional investors own 63.81% of the company’s stock.

Vista Energy Stock Performance

NYSE VIST opened at $49.10 on Tuesday. The stock has a market cap of $4.67 billion, a PE ratio of 9.52, a P/E/G ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a 50-day moving average of $52.61 and a 200-day moving average of $51.45. Vista Energy has a 52-week low of $36.01 and a 52-week high of $61.67.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.67). Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. The company had revenue of $471.32 million for the quarter, compared to analyst estimates of $464.55 million. On average, sell-side analysts anticipate that Vista Energy will post 5.74 EPS for the current year.

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.