Vista Energy (NYSE:VIST) Stock Price Up 5.8% - Here's Why

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Get Free Report) were up 5.8% during trading on Wednesday . The stock traded as high as $45.36 and last traded at $45.19. Approximately 234,942 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 783,464 shares. The stock had previously closed at $42.70.

Analyst Upgrades and Downgrades

Several analysts have recently commented on VIST shares. Citigroup upgraded shares of Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 target price for the company in a research note on Thursday, February 13th. JPMorgan Chase & Co. raised their target price 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. UBS Group restated a "neutral" rating and issued a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. Finally, The Goldman Sachs Group began coverage on shares of Vista Energy in a research note on Friday, February 21st. They issued a "buy" rating and a $65.40 target price for the company. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Vista Energy presently has a consensus rating of "Buy" and an average price target of $64.73.

Vista Energy Price Performance

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 company's fifty day simple moving average is $52.72 and its two-hundred day simple moving average is $51.47. The stock has a market capitalization of $4.68 billion, a PE ratio of 9.54, a P/E/G ratio of 0.83 and a beta of 1.70.

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Vista Energy (NYSE:VIST - Get Free Report) last posted its earnings results 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). Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. The business had revenue of $471.32 million for the quarter, compared to analysts' expectations of $464.55 million. As a group, sell-side analysts predict that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current year.

Institutional Investors Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Heck Capital Advisors LLC purchased a new stake in shares of Vista Energy during the fourth quarter worth about $348,000. Voloridge Investment Management LLC grew its holdings in shares of Vista Energy by 137.4% during the fourth quarter. Voloridge Investment Management LLC now owns 355,474 shares of the company's stock worth $19,235,000 after buying an additional 205,728 shares in the last quarter. Vident Advisory LLC grew its holdings in shares of Vista Energy by 67.9% during the fourth quarter. Vident Advisory LLC now owns 41,352 shares of the company's stock worth $2,238,000 after buying an additional 16,716 shares in the last quarter. SIR Capital Management L.P. purchased a new stake in shares of Vista Energy during the fourth quarter worth about $1,115,000. Finally, Numerai GP LLC purchased a new stake in shares of Vista Energy during the fourth quarter worth about $862,000. 63.81% of the stock is currently 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.