Vista Energy (NYSE:VIST) Hits New 1-Year High – Time to Buy?

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) hit a new 52-week high during trading on Monday . The company traded as high as $57.74 and last traded at $57.71, with a volume of 175183 shares traded. The stock had previously closed at $55.37.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Bank of America lowered their price objective on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, September 18th. UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their price target for the stock from $55.00 to $60.00 in a research report on Friday, September 27th. Finally, 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 price objective for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $59.80.

Vista Energy Trading Up 4.5 %

The business’s 50 day moving average price is $50.11 and its 200-day moving average price is $47.63. The company has a market cap of $5.51 billion, a price-to-earnings ratio of 10.73, a PEG ratio of 0.45 and a beta of 1.75. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59.

Institutional Trading of Vista Energy

Several institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. boosted its stake in shares of Vista Energy by 5,683.1% in the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after purchasing an additional 3,353 shares in the last quarter. FMR LLC raised its stake in shares of Vista Energy by 3,262.5% in the third quarter. FMR LLC now owns 3,497 shares of the company’s stock valued at $154,000 after acquiring an additional 3,393 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Vista Energy by 41.0% in the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after acquiring an additional 1,208 shares in the last quarter. Custom Index Systems LLC bought a new stake in Vista Energy during the 2nd quarter worth approximately $343,000. Finally, Baader Bank Aktiengesellschaft acquired a new stake in Vista Energy during the 2nd quarter valued at $354,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

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.