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

Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report)'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.

Analysts Set New Price Targets

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

Vista Energy Stock Performance

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 firm has a market capitalization of $5.15 billion, a price-to-earnings ratio of 10.48, a PEG ratio of 0.92 and a beta of 1.75. The stock's 50-day moving average is $52.50 and its 200-day moving average is $48.78.

Institutional Investors Weigh In On Vista Energy

Institutional investors have recently added to or reduced their stakes in the business. TT International Asset Management LTD grew its holdings in Vista Energy by 2.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company's stock worth $85,435,000 after acquiring an additional 43,664 shares during the period. Geode Capital Management LLC grew its position in shares of Vista Energy by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 14,003 shares of the company's stock worth $619,000 after buying an additional 1,437 shares during the period. State Street Corp lifted its position in shares of Vista Energy by 53.9% during the 3rd quarter. State Street Corp now owns 100,965 shares of the company's stock valued at $4,461,000 after acquiring an additional 35,342 shares during the period. Itau Unibanco Holding S.A. raised its holdings in shares of Vista Energy by 204.1% during the third quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company's stock valued at $2,916,000 after purchasing an additional 44,300 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of Vista Energy by 13.7% in the 3rd quarter. HighTower Advisors LLC now owns 43,062 shares of the company's stock valued at $1,908,000 after buying an additional 5,202 shares during the period. 63.81% of the stock is 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.