Vista Energy (NYSE:VIST) Trading 4.1% Higher – Should You Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s share price shot up 4.1% during trading on Thursday . The company traded as high as $48.97 and last traded at $48.82. 121,342 shares were traded during mid-day trading, a decline of 80% from the average session volume of 597,642 shares. The stock had previously closed at $46.90.

Analyst Ratings Changes

Several brokerages recently commented on VIST. Bank of America reduced their price objective on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. JPMorgan Chase & Co. initiated coverage on Vista Energy in a research report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price target on the stock. Finally, UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $55.00 to $60.00 in a research note on Friday, September 27th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.80.

Vista Energy Trading Up 4.3 %

The stock has a market capitalization of $4.66 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 0.41 and a beta of 1.79. The stock’s fifty day moving average price is $48.26 and its two-hundred day moving average price is $45.81. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.50.

Institutional Trading of Vista Energy

Hedge funds have recently added to or reduced their stakes in the business. Rhumbline Advisers grew its stake in shares of Vista Energy by 41.0% during 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 last quarter. Commonwealth Equity Services LLC grew its position in Vista Energy by 18.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after acquiring an additional 1,359 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Vista Energy by 12.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,255 shares of the company’s stock worth $590,000 after purchasing an additional 1,551 shares during the period. Victory Capital Management Inc. lifted its position in Vista Energy by 2.6% in the second quarter. Victory Capital Management Inc. now owns 109,657 shares of the company’s stock valued at $4,987,000 after purchasing an additional 2,750 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Vista Energy by 5,683.1% during the second quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after purchasing an additional 3,353 shares during the period. 63.81% of the stock is owned by institutional investors.

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.