Vista Energy (NYSE:VIST) Stock Price Down 5.4% – Time to Sell?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s share price dropped 5.4% during mid-day trading on Tuesday . The stock traded as low as $45.34 and last traded at $46.68. Approximately 1,421,674 shares traded hands during mid-day trading, an increase of 85% from the average daily volume of 769,231 shares. The stock had previously closed at $49.35.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VIST. Citigroup raised Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price objective for the company in a report on Thursday, February 13th. UBS Group reaffirmed a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. JPMorgan Chase & Co. upped their target price on shares of Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, January 10th. Finally, The Goldman Sachs Group began coverage on Vista Energy in a research report on Friday, February 21st. They issued a “buy” rating and a $65.40 price target on the stock. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $64.73.

Vista Energy Trading Down 6.5 %

The company has a market capitalization of $4.39 billion, a P/E ratio of 8.95, a PEG ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The business’s 50-day moving average price is $54.26 and its two-hundred day moving average price is $51.73.

Vista Energy (NYSE:VIST) last posted its earnings results on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.67). The business had revenue of $471.32 million during the quarter, compared to analyst estimates of $464.55 million. Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. As a group, analysts forecast that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current fiscal year.

Institutional Trading of Vista Energy

Several hedge funds have recently bought and sold shares of VIST. JPMorgan Chase & Co. boosted its stake in Vista Energy by 795.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock worth $123,604,000 after purchasing an additional 2,029,081 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Vista Energy in the fourth quarter valued at about $42,575,000. Cooper Creek Partners Management LLC acquired a new position in shares of Vista Energy during the fourth quarter worth about $39,392,000. Ninety One UK Ltd bought a new stake in Vista Energy in the 4th quarter valued at approximately $38,149,000. Finally, NS Partners Ltd acquired a new position in Vista Energy during the 3rd quarter worth approximately $26,777,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.