Brokerages Set Vista Energy, S.A.B. de C.V. (NYSE:VIST) Price Target at $64.73

Vista Energy, S.A.B. de C.V. (NYSE:VIST) has been given a consensus rating of “Buy” by the seven analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $64.73.

A number of research analysts recently weighed in on the company. The Goldman Sachs Group started coverage on Vista Energy in a report on Friday, February 21st. They set a “buy” rating and a $65.40 price objective on the stock. JPMorgan Chase & Co. upped their target price on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, January 10th. UBS Group reissued a “neutral” rating and set a $64.00 price target (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. Pickering Energy Partners assumed coverage on Vista Energy in a report on Monday, April 7th. They set an “outperform” rating for the company. Finally, Citigroup raised Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Thursday, February 13th.

Vista Energy Trading Up 7.0 %

NYSE:VIST opened at $40.83 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. The stock’s 50 day simple moving average is $46.81 and its 200-day simple moving average is $50.67. Vista Energy has a 12-month low of $32.11 and a 12-month high of $61.67. The firm has a market cap of $3.89 billion, a P/E ratio of 7.91, a PEG ratio of 0.83 and a beta of 1.22.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, February 26th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.67). The firm had revenue of $471.32 million during the quarter, compared to analyst estimates of $464.55 million. Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. Equities analysts anticipate that Vista Energy will post 5.74 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

A number of institutional investors have recently made changes to their positions in the stock. Principal Securities Inc. increased its position in Vista Energy by 16,166.7% during the 4th quarter. Principal Securities Inc. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 485 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Vista Energy by 40.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock valued at $83,000 after buying an additional 441 shares during the period. GAMMA Investing LLC boosted its position in Vista Energy by 332.4% during the fourth quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock worth $116,000 after acquiring an additional 1,642 shares during the last quarter. Legal & General Group Plc raised its holdings in Vista Energy by 32.9% in the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company’s stock valued at $123,000 after acquiring an additional 562 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of Vista Energy by 3,262.5% during the 3rd quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after purchasing an additional 3,393 shares during the period. 63.81% of the stock is owned by institutional investors and hedge funds.

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.