Vista Energy (NYSE:VIST) Trading Down 5.9% - Should You Sell?

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report) traded down 5.9% during mid-day trading on Wednesday . The stock traded as low as $32.86 and last traded at $32.92. 433,861 shares traded hands during trading, a decline of 46% from the average session volume of 808,467 shares. The stock had previously closed at $34.98.

Analysts Set New Price Targets

Several research analysts have commented on the company. JPMorgan Chase & Co. lifted their target price on Vista Energy from $68.00 to $72.00 and gave the stock an "overweight" rating in a report on Friday, January 10th. The Goldman Sachs Group assumed coverage on shares of Vista Energy in a research note on Friday, February 21st. They issued a "buy" rating and a $65.40 price target for the company. UBS Group reaffirmed a "neutral" rating and set a $64.00 target price (up from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Citigroup raised 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. Finally, Pickering Energy Partners began coverage on shares of Vista Energy in a research note on Monday, April 7th. They issued an "outperform" rating for the company. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $64.73.

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Vista Energy Trading Up 7.0 %

The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The firm has a market cap of $3.89 billion, a P/E ratio of 7.91, a price-to-earnings-growth ratio of 0.83 and a beta of 1.22. The firm's 50-day simple moving average is $47.04 and its 200 day simple moving average is $50.70.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.67). The business had revenue of $471.32 million for the quarter, compared to analysts' expectations 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 earnings per share for the current year.

Institutional Trading of Vista Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. SeaCrest Wealth Management LLC purchased a new position in shares of Vista Energy during the 1st quarter valued at $245,000. Systrade AG bought a new stake in Vista Energy during the first quarter valued at $566,000. GAMMA Investing LLC grew its position in Vista Energy by 2,999.6% during the first quarter. GAMMA Investing LLC now owns 66,208 shares of the company's stock worth $3,083,000 after buying an additional 64,072 shares in the last quarter. Wellington Management Group LLP bought a new position in Vista Energy in the 4th quarter worth about $3,319,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Vista Energy in the 4th quarter valued at about $348,000. 63.81% of the stock is currently owned by institutional investors.

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.