Vista Energy (NYSE:VIST) Trading 5.8% Higher - Should You Buy?

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report) traded up 5.8% during mid-day trading on Tuesday . The company traded as high as $57.83 and last traded at $57.64. 485,954 shares traded hands during trading, a decline of 50% from the average session volume of 976,611 shares. The stock had previously closed at $54.49.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VIST. UBS Group reissued a "neutral" rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a research note on Friday. Bank of America lowered their price target on Vista Energy from $70.00 to $68.00 and set a "buy" rating for the company in a research report on Wednesday, September 18th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Vista Energy has an average rating of "Moderate Buy" and a consensus price target of $60.60.

Vista Energy Trading Up 5.3 %

The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The company has a market capitalization of $5.46 billion, a P/E ratio of 11.12, a price-to-earnings-growth ratio of 0.92 and a beta of 1.71. The firm has a fifty day moving average price of $53.08 and a 200-day moving average price of $49.27.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in VIST. GAMMA Investing LLC raised its position in Vista Energy by 332.4% in the fourth quarter. GAMMA Investing LLC now owns 2,136 shares of the company's stock worth $116,000 after acquiring an additional 1,642 shares during the period. TT International Asset Management LTD raised its holdings in shares of Vista Energy by 2.3% in the 3rd quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company's stock worth $85,435,000 after purchasing an additional 43,664 shares during the period. Geode Capital Management LLC lifted its stake in Vista Energy by 11.4% in the third quarter. Geode Capital Management LLC now owns 14,003 shares of the company's stock valued at $619,000 after purchasing an additional 1,437 shares during the last quarter. State Street Corp grew its holdings in Vista Energy by 53.9% during the third quarter. State Street Corp now owns 100,965 shares of the company's stock valued at $4,461,000 after purchasing an additional 35,342 shares during the period. Finally, Itau Unibanco Holding S.A. increased its position in Vista Energy by 204.1% in the third quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company's stock worth $2,916,000 after buying an additional 44,300 shares during the last quarter. 63.81% of the stock is owned by hedge funds and other 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.