Vista Energy (NYSE:VIST) Lowered to “Neutral” at Citigroup

Vista Energy (NYSE:VIST) was downgraded by equities research analysts at Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday, Marketbeat Ratings reports. They currently have a $50.00 target price on the stock, up from their previous target price of $40.00. Citigroup’s price objective suggests a potential upside of 20.34% from the company’s current price.

Separately, UBS Group restated a “neutral” rating and set a $47.00 target price (up previously from $40.00) on shares of Vista Energy in a research report on Thursday, March 28th.

Vista Energy Price Performance

Shares of NYSE VIST traded down $0.63 during midday trading on Wednesday, reaching $41.55. The stock had a trading volume of 283,236 shares, compared to its average volume of 499,049. The stock has a 50-day moving average of $38.48 and a 200-day moving average of $32.96. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.16 and a current ratio of 1.19. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 10.45 and a beta of 1.97. Vista Energy has a 12-month low of $18.90 and a 12-month high of $44.25.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Tuesday, February 20th. The company reported $2.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.98. The firm had revenue of $309.20 million during the quarter, compared to analysts’ expectations of $346.50 million. Vista Energy had a net margin of 35.03% and a return on equity of 50.51%. As a group, research analysts anticipate that Vista Energy will post 6.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Blue Trust Inc. raised its stake in shares of Vista Energy by 4,205.7% in the fourth quarter. Blue Trust Inc. now owns 1,507 shares of the company’s stock valued at $46,000 after acquiring an additional 1,472 shares during the period. Legal & General Group Plc raised its stake in shares of Vista Energy by 45.2% in the fourth quarter. Legal & General Group Plc now owns 1,938 shares of the company’s stock valued at $57,000 after acquiring an additional 603 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Vista Energy by 89.3% in the second quarter. Tower Research Capital LLC TRC now owns 2,009 shares of the company’s stock valued at $48,000 after acquiring an additional 948 shares during the period. NewEdge Advisors LLC raised its stake in shares of Vista Energy by 40,275.0% in the first quarter. NewEdge Advisors LLC now owns 3,230 shares of the company’s stock valued at $64,000 after acquiring an additional 3,222 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of Vista Energy by 563.8% in the second quarter. Royal Bank of Canada now owns 5,078 shares of the company’s stock valued at $123,000 after acquiring an additional 4,313 shares during the period. 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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.