Vistra (NYSE:VST) Stock Price Down 1.7% – Time to Sell?

Vistra Corp. (NYSE:VST)’s share price fell 1.7% during trading on Tuesday . The company traded as low as $124.34 and last traded at $125.57. 1,477,963 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 6,906,718 shares. The stock had previously closed at $127.78.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VST. JPMorgan Chase & Co. initiated coverage on shares of Vistra in a research note on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price objective for the company. Royal Bank of Canada lifted their target price on shares of Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Morgan Stanley lifted their target price on shares of Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research note on Monday, September 23rd. Guggenheim lifted their target price on shares of Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Finally, UBS Group decreased their target price on shares of Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, October 22nd. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Vistra presently has a consensus rating of “Buy” and a consensus price target of $145.40.

Vistra Stock Performance

The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98. The firm’s 50 day moving average is $106.31 and its 200-day moving average is $91.86. The firm has a market cap of $43.12 billion, a price-to-earnings ratio of 76.13 and a beta of 1.10.

Vistra (NYSE:VST) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The business had revenue of $3.85 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same period in the previous year, the firm posted $1.03 EPS. Sell-side analysts anticipate that Vistra Corp. will post 4.02 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VST. Redwood Wealth Management Group LLC bought a new position in Vistra in the 2nd quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Vistra in the 3rd quarter worth $30,000. New Covenant Trust Company N.A. bought a new position in Vistra in the 1st quarter worth $32,000. CVA Family Office LLC raised its holdings in Vistra by 1,505.9% in the 3rd quarter. CVA Family Office LLC now owns 273 shares of the company’s stock worth $32,000 after acquiring an additional 256 shares during the period. Finally, EdgeRock Capital LLC bought a new position in Vistra in the 2nd quarter worth $34,000. Institutional investors own 90.88% of the company’s stock.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.