Vista Energy (NYSE:VIST) Shares Gap Down – What’s Next?

Vista Energy, S.A.B. de C.V. (NYSE:VIST) shares gapped down before the market opened on Tuesday . The stock had previously closed at $51.42, but opened at $49.08. Vista Energy shares last traded at $51.12, with a volume of 424,324 shares traded.

Wall Street Analyst Weigh In

A number of brokerages have commented on VIST. JPMorgan Chase & Co. increased their price target on shares of Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research note on Friday, January 10th. Citigroup raised shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Thursday, February 13th. Finally, UBS Group reiterated a “neutral” rating and set a $64.00 price target (up previously from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $64.60.

Vista Energy Stock Performance

The stock has a market capitalization of $5.27 billion, a P/E ratio of 10.72, a PEG ratio of 0.76 and a beta of 1.70. The stock’s 50-day simple moving average is $54.96 and its 200 day simple moving average is $51.36. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

Institutional Trading of Vista Energy

Several hedge funds and other institutional investors have recently modified their holdings of VIST. JPMorgan Chase & Co. raised its holdings in Vista Energy by 795.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock valued at $123,604,000 after acquiring an additional 2,029,081 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vista Energy in the fourth quarter valued at approximately $42,575,000. Cooper Creek Partners Management LLC bought a new position in shares of Vista Energy during the fourth quarter worth approximately $39,392,000. Ninety One UK Ltd acquired a new stake in Vista Energy during the 4th quarter worth approximately $38,149,000. Finally, NS Partners Ltd bought a new stake in Vista Energy in the 3rd quarter valued at $26,777,000. 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.