Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) have earned an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $83.44.

A number of analysts have recently issued reports on the stock. Zacks Research raised shares of Vista Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. Weiss Ratings upgraded shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Finally, JPMorgan Chase & Co. increased their target price on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st.

Vista Energy Price Performance

Shares of NYSE:VIST opened at $70.72 on Wednesday. The company’s fifty day moving average price is $70.45 and its 200-day moving average price is $69.35. The firm has a market capitalization of $7.82 billion, a price-to-earnings ratio of 9.33, a PEG ratio of 0.61 and a beta of 0.68. Vista Energy has a one year low of $34.60 and a one year high of $81.44. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68.

Institutional Investors Weigh In On Vista Energy

Several hedge funds have recently added to or reduced their stakes in the company. Lazard Asset Management LLC purchased a new position in shares of Vista Energy in the 1st quarter worth about $102,610,000. Bank of America Corp DE increased its position in shares of Vista Energy by 824.7% during the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock valued at $70,066,000 after purchasing an additional 827,997 shares during the last quarter. Walleye Capital LLC bought a new position in shares of Vista Energy during the 1st quarter valued at about $28,803,000. RWC Asset Advisors US LLC purchased a new position in shares of Vista Energy during the 2nd quarter valued at about $23,346,000. Finally, Ninety One UK Ltd raised its holdings in shares of Vista Energy by 16.9% during the 3rd quarter. Ninety One UK Ltd now owns 2,212,079 shares of the company’s stock valued at $144,559,000 after buying an additional 320,074 shares in the last quarter. Institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s operations are centered on Argentina’s Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.