Vista Energy (NYSE:VIST) Shares Gap Up - Still a Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $38.15, but opened at $42.91. Vista Energy shares last traded at $42.64, with a volume of 574,918 shares changing hands.

Analyst Ratings Changes

VIST has been the topic of a number of analyst reports. UBS Group restated a "neutral" rating and issued a $64.00 price objective (up previously from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Citigroup upgraded shares of Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 price target on the stock in a research report on Thursday, February 13th. JPMorgan Chase & Co. lifted their price objective on Vista Energy from $68.00 to $72.00 and gave the company an "overweight" rating in a research report on Friday, January 10th. The Goldman Sachs Group assumed coverage on Vista Energy in a research report on Friday, February 21st. They issued a "buy" rating and a $65.40 target price for the company. Finally, Pickering Energy Partners assumed coverage on Vista Energy in a research report on Monday, April 7th. They set an "outperform" rating on the stock. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Vista Energy currently has an average rating of "Buy" and a consensus price target of $67.08.

Vista Energy Price Performance

The firm has a fifty day moving average price of $46.22 and a two-hundred day moving average price of $50.60. The stock has a market capitalization of $4.56 billion, a P/E ratio of 9.29, a PEG ratio of 0.83 and a beta of 1.22. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59.

Vista Energy (NYSE:VIST - Get Free Report) last posted its earnings results on Wednesday, February 26th. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.90 by ($0.67). The firm had revenue of $471.32 million for the quarter, compared to the consensus estimate of $464.55 million. Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. As a group, analysts expect that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current fiscal year.

Institutional Investors Weigh In On Vista Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VIST. State Street Corp increased its position in shares of Vista Energy by 53.9% during the third quarter. State Street Corp now owns 100,965 shares of the company's stock worth $4,461,000 after purchasing an additional 35,342 shares in the last quarter. Lebenthal Global Advisors LLC acquired a new position in Vista Energy during the fourth quarter worth $343,000. William Blair Investment Management LLC increased its stake in Vista Energy by 27.8% during the fourth quarter. William Blair Investment Management LLC now owns 1,022,172 shares of the company's stock worth $55,307,000 after purchasing an additional 222,165 shares during the period. US Bancorp DE purchased a new position in Vista Energy in the 4th quarter valued at approximately $1,019,000. Finally, Aubrey Capital Management Ltd purchased a new stake in Vista Energy during the 4th quarter worth about $498,000. 63.81% of the stock is owned by institutional investors and hedge funds.

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.