Vista Energy (NYSE:VIST) Reaches New 52-Week High - Here's What Happened

Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report)'s stock price reached a new 52-week high on Friday . The stock traded as high as $54.90 and last traded at $54.73, with a volume of 782524 shares changing hands. The stock had previously closed at $51.77.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a research report on Tuesday, August 20th. They set an "overweight" rating and a $68.00 price target on the stock. UBS Group upgraded Vista Energy from a "neutral" rating to a "buy" rating and lifted their target price for the company from $55.00 to $60.00 in a research report on Friday, September 27th. Finally, Bank of America cut their price target on shares of Vista Energy from $70.00 to $68.00 and set a "buy" rating on the stock in a research report on Wednesday, September 18th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $59.80.

Vista Energy Stock Performance

The company has a market cap of $5.35 billion, a PE ratio of 10.80, a P/E/G ratio of 0.40 and a beta of 1.78. The company's fifty day moving average price is $48.53 and its 200 day moving average price is $47.01. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

Institutional Investors Weigh In On Vista Energy

A number of hedge funds have recently made changes to their positions in the business. Capital World Investors bought a new position in shares of Vista Energy during the 1st quarter valued at approximately $43,318,000. NS Partners Ltd bought a new stake in Vista Energy during the 3rd quarter valued at $26,777,000. Maple Rock Capital Partners Inc. bought a new position in shares of Vista Energy in the first quarter worth $21,145,000. Encompass Capital Advisors LLC increased its stake in Vista Energy by 41.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company's stock worth $46,562,000 after acquiring an additional 302,138 shares during the last quarter. Finally, Gemsstock Ltd. purchased a new stake in Vista Energy in the second quarter valued at approximately $13,307,000. 63.81% of the stock is currently owned by institutional investors.

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.

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