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 research report issued to clients and investors on Wednesday, MarketBeat reports. They currently have a $50.00 price target on the stock, up from their prior price target of $40.00. Citigroup’s price objective indicates a potential upside of 20.34% from the company’s previous close.

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

Vista Energy Trading Down 1.5 %

Shares of VIST stock traded down $0.63 during trading hours on Wednesday, reaching $41.55. The company had a trading volume of 283,236 shares, compared to its average volume of 499,049. The company 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 current ratio of 1.19 and a quick ratio of 1.16. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 10.45 and a beta of 1.97. Vista Energy has a 1-year low of $18.90 and a 1-year high of $44.25.

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

Hedge Funds Weigh In On Vista Energy

A number of large investors have recently added to or reduced their stakes in VIST. Confluence Investment Management LLC acquired a new stake in shares of Vista Energy in the first quarter valued at about $428,000. TT International Asset Management LTD grew its holdings in Vista Energy by 14.2% during the fourth quarter. TT International Asset Management LTD now owns 2,307,000 shares of the company’s stock worth $68,079,000 after purchasing an additional 287,548 shares during the period. Price T Rowe Associates Inc. MD bought a new position in Vista Energy during the fourth quarter worth about $244,000. Legal & General Group Plc grew its holdings in Vista Energy by 45.2% during the fourth quarter. Legal & General Group Plc now owns 1,938 shares of the company’s stock worth $57,000 after purchasing an additional 603 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Vista Energy by 79.3% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 487,800 shares of the company’s stock worth $14,395,000 after purchasing an additional 215,800 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.