Vista Energy (NYSE:VIST) Trading 5.8% Higher – Should You Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares shot up 5.8% during trading on Tuesday . The company traded as high as $57.83 and last traded at $57.64. 485,954 shares were traded during mid-day trading, a decline of 50% from the average session volume of 976,611 shares. The stock had previously closed at $54.49.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Bank of America reduced their target price on Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. UBS Group reiterated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a research report on Friday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Vista Energy presently has an average rating of “Moderate Buy” and a consensus price target of $60.60.

Vista Energy Trading Up 4.6 %

The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $5.43 billion, a P/E ratio of 11.05, a price-to-earnings-growth ratio of 0.92 and a beta of 1.71. The business has a fifty day moving average price of $53.08 and a 200 day moving average price of $49.27.

Institutional Investors Weigh In On Vista Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its holdings in shares of Vista Energy by 332.4% in the 4th quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock valued at $116,000 after purchasing an additional 1,642 shares during the period. FMR LLC increased its position in Vista Energy by 3,262.5% during the third quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after buying an additional 3,393 shares during the last quarter. Rhumbline Advisers raised its stake in Vista Energy by 41.0% in the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after buying an additional 1,208 shares during the period. Custom Index Systems LLC acquired a new stake in shares of Vista Energy in the second quarter valued at approximately $343,000. Finally, Centiva Capital LP bought a new position in shares of Vista Energy during the 3rd quarter worth approximately $389,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.