Vistra (NYSE:VST - Get Free Report) had its price target boosted by investment analysts at BMO Capital Markets from $146.00 to $147.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has an "outperform" rating on the stock. BMO Capital Markets' target price indicates a potential upside of 16.05% from the stock's current price.
A number of other equities analysts have also issued reports on VST. Jefferies Financial Group raised their price target on Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a report on Tuesday, September 24th. Guggenheim lifted their target price on Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, October 8th. BNP Paribas assumed coverage on Vistra in a report on Monday, October 14th. They issued an "outperform" rating and a $231.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on Vistra in a report on Thursday, October 17th. They set an "overweight" rating and a $178.00 price target for the company. Finally, Royal Bank of Canada boosted their price objective 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. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, Vistra has a consensus rating of "Buy" and an average price target of $145.40.
Check Out Our Latest Report on VST
Vistra Stock Performance
NYSE VST traded down $1.11 on Tuesday, reaching $126.67. The stock had a trading volume of 4,735,743 shares, compared to its average volume of 6,922,296. The stock has a market cap of $44.01 billion, a P/E ratio of 77.71 and a beta of 1.10. Vistra has a 12-month low of $32.17 and a 12-month high of $143.87. The business's 50-day moving average price is $106.31 and its 200 day moving average price is $91.86. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98.
Vistra (NYSE:VST - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.90 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 analysts' expectations of $4.04 billion. During the same quarter last year, the company earned $1.03 EPS. As a group, equities analysts expect that Vistra will post 4.02 earnings per share for the current year.
Institutional Investors Weigh In On Vistra
A number of hedge funds and other institutional investors have recently modified their holdings of VST. Terra Nova Asset Management LLC acquired a new position in shares of Vistra during the 3rd quarter worth $842,000. Czech National Bank raised its position in Vistra by 12.4% during the third quarter. Czech National Bank now owns 69,987 shares of the company's stock worth $8,296,000 after acquiring an additional 7,747 shares during the last quarter. Viking Fund Management LLC purchased a new stake in shares of Vistra in the third quarter valued at about $1,185,000. Atria Investments Inc purchased a new stake in shares of Vistra in the first quarter valued at about $1,675,000. Finally, M&R Capital Management Inc. grew its position in shares of Vistra by 38,929.0% in the third quarter. M&R Capital Management Inc. now owns 117,087 shares of the company's stock valued at $13,879,000 after purchasing an additional 116,787 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.
About Vistra
(
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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.
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