Vista Energy (NYSE:VIST) Shares Up 5.8% - Here's What Happened

Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report)'s share price rose 5.8% during mid-day trading on Wednesday . The company traded as high as $43.77 and last traded at $42.73. Approximately 471,093 shares changed hands during trading, a decline of 53% from the average daily volume of 1,004,515 shares. The stock had previously closed at $40.38.

Analyst Upgrades and Downgrades

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

Vista Energy Stock Down 5.1 %

The company has a fifty day moving average price of $46.22 and a 200-day moving average price of $50.65. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market capitalization of $4.32 billion, a PE ratio of 8.79, a PEG ratio of 0.83 and a beta of 1.22.

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

Institutional Investors Weigh In On Vista Energy

Several institutional investors have recently bought and sold shares of the company. Principal Securities Inc. raised its stake in Vista Energy by 16,166.7% in the 4th quarter. Principal Securities Inc. now owns 488 shares of the company's stock worth $26,000 after acquiring an additional 485 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Vista Energy by 40.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company's stock valued at $83,000 after acquiring an additional 441 shares in the last quarter. GAMMA Investing LLC grew its stake in Vista Energy by 332.4% during the 4th quarter. GAMMA Investing LLC now owns 2,136 shares of the company's stock valued at $116,000 after acquiring an additional 1,642 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Vista Energy by 32.9% in the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock worth $123,000 after acquiring an additional 562 shares during the last quarter. Finally, FMR LLC increased its stake in Vista Energy by 3,262.5% during the third quarter. FMR LLC now owns 3,497 shares of the company's stock worth $154,000 after acquiring an additional 3,393 shares during the last quarter. 63.81% of the stock is currently 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.