Vista Energy (NYSE:VIST) Reaches New 1-Year High – Time to Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $59.91 and last traded at $58.93, with a volume of 61197 shares changing hands. The stock had previously closed at $58.79.

Analyst Ratings Changes

VIST has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research note on Friday, January 10th. Bank of America reduced their price objective on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. Finally, UBS Group reissued a “neutral” rating and issued a $64.00 target price (up from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Vista Energy presently has an average rating of “Moderate Buy” and an average price target of $61.40.

Vista Energy Stock Performance

The stock has a market capitalization of $5.61 billion, a PE ratio of 11.43, a PEG ratio of 0.92 and a beta of 1.71. The company’s 50-day moving average price is $53.95 and its 200 day moving average price is $49.80. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59.

Institutional Investors Weigh In On Vista Energy

Hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in shares of Vista Energy by 332.4% during the fourth quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock valued at $116,000 after purchasing an additional 1,642 shares in the last quarter. FMR LLC raised its stake in shares of Vista Energy by 3,262.5% in the third quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after purchasing an additional 3,393 shares during the last quarter. Rhumbline Advisers grew its stake in shares of Vista Energy by 41.0% in the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after acquiring an additional 1,208 shares during the period. Custom Index Systems LLC grew its position in Vista Energy by 2.9% in the 3rd quarter. Custom Index Systems LLC now owns 7,763 shares of the company’s stock worth $343,000 after purchasing an additional 218 shares during the period. Finally, Centiva Capital LP purchased a new stake in Vista Energy during the third quarter valued at $389,000. 63.81% of the stock is currently owned by institutional investors.

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.