Vista Energy (NYSE:VIST) Trading Up 4.1% – Time to Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST) was up 4.1% during trading on Thursday . The company traded as high as $48.97 and last traded at $48.82. Approximately 121,342 shares were traded during trading, a decline of 80% from the average daily volume of 597,642 shares. The stock had previously closed at $46.90.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VIST. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their target price for the company from $55.00 to $60.00 in a report on Friday, September 27th. JPMorgan Chase & Co. began coverage on Vista Energy in a research note on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective on the stock. Finally, Bank of America lowered their price objective on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Vista Energy presently has a consensus rating of “Moderate Buy” and an average price target of $59.80.

Vista Energy Price Performance

The stock’s 50-day moving average is $48.40 and its two-hundred day moving average is $45.88. The company has a market capitalization of $4.63 billion, a PE ratio of 11.15, a price-to-earnings-growth ratio of 0.41 and a beta of 1.79. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.50.

Hedge Funds Weigh In On Vista Energy

A number of large investors have recently bought and sold shares of the business. Blue Trust Inc. increased its stake in Vista Energy by 5,683.1% in the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after buying an additional 3,353 shares during the period. Rhumbline Advisers grew its position in shares of Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after buying an additional 1,208 shares in the last quarter. Custom Index Systems LLC purchased a new position in shares of Vista Energy during the second quarter valued at $343,000. Baader Bank Aktiengesellschaft purchased a new stake in Vista Energy in the second quarter worth about $354,000. Finally, Commonwealth Equity Services LLC increased its position in Vista Energy by 18.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock valued at $405,000 after purchasing an additional 1,359 shares during the period. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

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.