UBS Group Raises Vista Energy (NYSE:VIST) Price Target to $55.00

Vista Energy (NYSE:VIST) had its price target boosted by UBS Group from $50.00 to $55.00 in a report published on Wednesday, Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a research report on Tuesday, August 20th. They set an overweight rating and a $68.00 target price for the company. Bank of America initiated coverage on shares of Vista Energy in a research report on Wednesday, August 28th. They set a buy rating and a $70.00 target price for the company. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Vista Energy currently has a consensus rating of Moderate Buy and an average target price of $59.20.

Vista Energy Price Performance

VIST opened at $48.03 on Wednesday. The firm has a market cap of $4.62 billion, a P/E ratio of 11.12, a PEG ratio of 0.39 and a beta of 1.81. The firm has a 50-day moving average of $47.02 and a 200 day moving average of $44.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.76 and a current ratio of 0.77. Vista Energy has a fifty-two week low of $24.38 and a fifty-two week high of $52.47.

Vista Energy (NYSE:VIST) last posted its quarterly earnings results on Thursday, July 11th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $1.40 by ($0.66). The company had revenue of $396.72 million for the quarter, compared to the consensus estimate of $397.46 million. Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. On average, research analysts expect that Vista Energy will post 6.2 EPS for the current year.

Hedge Funds Weigh In On Vista Energy

Large investors have recently modified their holdings of the company. Activest Wealth Management bought a new position in shares of Vista Energy in the first quarter valued at approximately $35,000. Blue Trust Inc. boosted its position in shares of Vista Energy by 5,683.1% in the second quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after acquiring an additional 3,353 shares during the period. Rhumbline Advisers boosted its position in shares of Vista Energy by 41.0% in the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after acquiring an additional 1,208 shares during the period. Custom Index Systems LLC bought a new position in shares of Vista Energy in the second quarter valued at approximately $343,000. Finally, Baader Bank Aktiengesellschaft bought a new position in shares of Vista Energy in the second quarter valued at approximately $354,000. 63.81% of the stock is currently owned by institutional investors.

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.