Vista Energy (NYSE:VIST) Price Target Raised to $90.00

Vista Energy (NYSE:VIST) had its price objective boosted by Bank of America from $63.00 to $90.00 in a report published on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also issued reports on VIST. Wall Street Zen raised shares of Vista Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a report on Tuesday, November 11th. JPMorgan Chase & Co. increased their price target on shares of Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, Zacks Research raised shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $69.28.

Vista Energy Stock Performance

Shares of Vista Energy stock opened at $49.86 on Tuesday. The business’s 50 day moving average price is $40.86 and its 200 day moving average price is $44.07. The company has a market cap of $5.20 billion, a price-to-earnings ratio of 7.33, a PEG ratio of 1.61 and a beta of 0.95. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.61 and a current ratio of 0.62. Vista Energy has a one year low of $31.63 and a one year high of $61.67.

Vista Energy (NYSE:VIST) last issued its earnings results on Wednesday, October 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.24. Vista Energy had a return on equity of 15.92% and a net margin of 32.66%.The company had revenue of $706.14 million during the quarter, compared to analysts’ expectations of $636.68 million. On average, research analysts predict that Vista Energy will post 5.74 EPS for the current year.

Institutional Investors Weigh In On Vista Energy

A number of institutional investors have recently made changes to their positions in VIST. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Vista Energy by 1,009.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after acquiring an additional 656 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vista Energy in the 2nd quarter valued at approximately $163,000. Channing Global Advisors LLC raised its position in Vista Energy by 47.6% in the second quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock valued at $217,000 after purchasing an additional 1,462 shares during the period. Amundi acquired a new position in Vista Energy during the first quarter worth $229,000. Finally, Leavell Investment Management Inc. purchased a new position in shares of Vista Energy during the second quarter worth $253,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.