Vista Energy (NYSE:VIST) Shares Gap Up – Time to Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s share price gapped up prior to trading on Monday . The stock had previously closed at $54.17, but opened at $55.30. Vista Energy shares last traded at $54.05, with a volume of 151,113 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VIST. Bank of America dropped their price objective on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, September 18th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $55.00 to $60.00 in a report on Friday, September 27th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Vista Energy currently has an average rating of “Moderate Buy” and an average target price of $59.80.

Vista Energy Trading Up 0.5 %

The stock has a market cap of $5.18 billion, a P/E ratio of 10.55, a P/E/G ratio of 0.92 and a beta of 1.75. The company has a 50-day moving average price of $52.50 and a two-hundred day moving average price of $48.78. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48.

Institutional Trading of Vista Energy

A number of hedge funds have recently bought and sold shares of VIST. FMR LLC lifted its stake in shares of 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 period. Rhumbline Advisers increased its holdings 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 in the last quarter. Custom Index Systems LLC purchased a new position in shares of Vista Energy in the 2nd quarter valued at about $343,000. Centiva Capital LP acquired a new stake in Vista Energy in the third quarter valued at approximately $389,000. Finally, Blue Trust Inc. raised its stake in shares of Vista Energy by 160.0% during the 3rd quarter. Blue Trust Inc. now owns 8,872 shares of the company’s stock worth $403,000 after buying an additional 5,460 shares during the period. Hedge funds and other institutional investors own 63.81% of the company’s stock.

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.