Short Interest in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Declines By 20.6%

Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 2,354,096 shares, a drop of 20.6% from the March 31st total of 2,965,088 shares. Based on an average trading volume of 1,492,318 shares, the short-interest ratio is presently 1.6 days. Approximately 2.3% of the company’s shares are short sold.

Institutional Trading of Vista Energy

Several large investors have recently added to or reduced their stakes in VIST. Caitong International Asset Management Co. Ltd boosted its position in Vista Energy by 1,009.2% during 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 period. Platinum Investment Management Ltd. acquired a new position in shares of Vista Energy during the fourth quarter valued at $67,000. Blue Trust Inc. raised its stake in shares of Vista Energy by 154.8% during the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after purchasing an additional 1,878 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Vista Energy in the first quarter worth about $253,000. Finally, Raymond James Financial Inc. acquired a new stake in Vista Energy in the second quarter worth about $163,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Stock Performance

Shares of NYSE VIST traded down $2.60 during mid-day trading on Friday, hitting $71.73. The company had a trading volume of 1,018,661 shares, compared to its average volume of 1,216,241. Vista Energy has a 12 month low of $31.63 and a 12 month high of $79.20. The stock has a market cap of $7.48 billion, a price-to-earnings ratio of 10.49, a PEG ratio of 0.20 and a beta of 0.63. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.86. The firm’s 50 day simple moving average is $66.53 and its two-hundred day simple moving average is $55.08.

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 the consensus estimate of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The firm had revenue of $865.01 million during the quarter, compared to the consensus estimate of $708.61 million. As a group, equities research analysts forecast that Vista Energy will post 13.56 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VIST. UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $50.00 to $65.00 in a report on Sunday, January 11th. Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday. Weiss Ratings upgraded shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Bank of America started coverage on shares of Vista Energy in a report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of Vista Energy from $69.00 to $89.00 and gave the stock an “overweight” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $73.80.

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.