Vista Energy (NYSE:VIST) Rating Lowered to “Hold” at Zacks Research

Vista Energy (NYSE:VIST) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other analysts have also recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. HSBC assumed coverage on shares of Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective for the company. UBS Group lifted their target price on shares of Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Vista Energy in a research report on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.24.

Vista Energy Stock Performance

Vista Energy stock opened at $62.07 on Monday. The firm has a 50-day moving average of $70.37 and a 200-day moving average of $62.85. The firm has a market cap of $6.47 billion, a P/E ratio of 9.07, a P/E/G ratio of 0.41 and a beta of 0.63. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01. Vista Energy has a 1-year low of $31.63 and a 1-year high of $81.44.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). Vista Energy had a return on equity of 14.80% and a net margin of 25.65%.The business had revenue of $865.01 million during the quarter, compared to the consensus estimate of $708.61 million. Sell-side analysts expect that Vista Energy will post 11.89 EPS for the current year.

Institutional Trading of Vista Energy

A number of hedge funds have recently modified their holdings of VIST. Price T Rowe Associates Inc. MD increased its stake in shares of Vista Energy by 11.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock worth $194,145,000 after acquiring an additional 402,585 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vista Energy by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock worth $176,843,000 after acquiring an additional 649,468 shares in the last quarter. Capital Research Global Investors grew its holdings in Vista Energy by 26.2% in the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock worth $162,321,000 after purchasing an additional 693,566 shares during the period. Capital World Investors increased its stake in shares of Vista Energy by 1.2% during the third quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock valued at $102,485,000 after purchasing an additional 36,549 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new position in shares of Vista Energy during the first quarter valued at approximately $102,610,000. Institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.