Jefferies Financial Group Raises Vista Energy (NYSE:VIST) Price Target to $53.00

Vista Energy (NYSE:VIST) had its price target lifted by research analysts at Jefferies Financial Group from $50.00 to $53.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 27.80% from the stock’s current price.

A number of other research analysts have also recently weighed in on VIST. UBS Group reiterated a “neutral” rating and issued a $47.00 target price (up from $40.00) on shares of Vista Energy in a research note on Thursday, March 28th. Citigroup cut shares of Vista Energy from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $40.00 to $50.00 in a report on Wednesday.

Vista Energy Stock Performance

Vista Energy stock traded down $0.71 during mid-day trading on Tuesday, reaching $41.47. 276,518 shares of the company’s stock were exchanged, compared to its average volume of 498,967. The business’s fifty day simple moving average is $38.48 and its 200 day simple moving average is $32.96. The company has a quick ratio of 1.16, a current ratio of 1.19 and a debt-to-equity ratio of 0.44. Vista Energy has a one year low of $18.90 and a one year high of $44.25. The firm has a market capitalization of $3.85 billion, a PE ratio of 10.45 and a beta of 1.97.

Vista Energy (NYSE:VIST) last released its earnings results on Tuesday, February 20th. The company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.98. The company had revenue of $309.20 million for the quarter, compared to analysts’ expectations of $346.50 million. Vista Energy had a return on equity of 50.51% and a net margin of 35.03%. On average, sell-side analysts expect that Vista Energy will post 6.11 earnings per share for the current year.

Institutional Investors Weigh In On Vista Energy

Several large investors have recently added to or reduced their stakes in VIST. Causeway Capital Management LLC boosted its position in Vista Energy by 8.0% during the third quarter. Causeway Capital Management LLC now owns 464,195 shares of the company’s stock worth $14,107,000 after purchasing an additional 34,563 shares during the period. American Century Companies Inc. lifted its stake in shares of Vista Energy by 1.3% during the 3rd quarter. American Century Companies Inc. now owns 350,694 shares of the company’s stock valued at $10,658,000 after buying an additional 4,334 shares in the last quarter. PointState Capital LP boosted its holdings in Vista Energy by 120.1% in the 3rd quarter. PointState Capital LP now owns 2,146,577 shares of the company’s stock worth $65,234,000 after buying an additional 1,171,354 shares during the period. Quantbot Technologies LP purchased a new position in Vista Energy in the 3rd quarter valued at approximately $948,000. Finally, Janney Montgomery Scott LLC raised its holdings in Vista Energy by 31.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 15,332 shares of the company’s stock valued at $466,000 after acquiring an additional 3,704 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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.