Vista Energy (NYSE:VIST) Shares Gap Down - Here's What Happened

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $52.93, but opened at $50.86. Vista Energy shares last traded at $52.30, with a volume of 346,426 shares trading hands.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Bank of America dropped 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. JPMorgan Chase & Co. started coverage on shares of Vista Energy in a research note on Tuesday, August 20th. They issued an "overweight" rating and a $68.00 price target on the stock. Finally, UBS Group raised shares of Vista Energy from a "neutral" rating to a "buy" rating and increased their price objective for the company from $55.00 to $60.00 in a research report on Friday, September 27th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $59.80.

Vista Energy Price Performance

The firm has a fifty day moving average of $48.39 and a 200 day moving average of $46.16. 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 company has a market capitalization of $4.96 billion, a P/E ratio of 10.05, a P/E/G ratio of 0.42 and a beta of 1.79.

Institutional Investors Weigh In On Vista Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its stake in shares of Vista Energy by 5,683.1% during the 2nd 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. Rhumbline Advisers grew its position in 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 period. Custom Index Systems LLC purchased a new stake in Vista Energy during the second quarter valued at approximately $343,000. Baader Bank Aktiengesellschaft bought a new position in Vista Energy in the second quarter worth approximately $354,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of 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. 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.