Vistra (NYSE:VST) Stock Rating Reaffirmed by BMO Capital Markets

Vistra (NYSE:VST)‘s stock had its “outperform” rating reiterated by BMO Capital Markets in a research report issued on Friday, Benzinga reports. They currently have a $146.00 target price on the stock, up from their prior target price of $125.00. BMO Capital Markets’ price target would indicate a potential upside of 5.48% from the company’s previous close.

VST has been the subject of a number of other reports. Royal Bank of Canada lifted their price objective on shares of Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday. Morgan Stanley lifted their price objective on shares of Vistra from $110.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Finally, Jefferies Financial Group lifted their price objective on shares of Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $118.14.

Vistra Price Performance

Shares of VST opened at $138.41 on Friday. The company has a market cap of $48.09 billion, a price-to-earnings ratio of 84.91 and a beta of 1.10. Vistra has a 1-year low of $31.22 and a 1-year high of $139.38. The company’s fifty day simple moving average is $88.91 and its 200 day simple moving average is $84.75. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 2.89.

Vistra (NYSE:VST) last issued its earnings results on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The firm had revenue of $3.85 billion for the quarter, compared to analyst estimates of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter in the previous year, the firm posted $1.03 earnings per share. On average, research analysts forecast that Vistra will post 4.7 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vistra

A number of institutional investors have recently modified their holdings of VST. Mather Group LLC. bought a new stake in shares of Vistra in the first quarter valued at about $26,000. Redwood Wealth Management Group LLC acquired a new position in Vistra in the second quarter valued at about $26,000. New Covenant Trust Company N.A. acquired a new position in Vistra in the first quarter valued at about $32,000. EdgeRock Capital LLC acquired a new position in Vistra in the second quarter valued at about $34,000. Finally, Riverview Trust Co acquired a new position in Vistra in the first quarter valued at about $39,000. Institutional investors own 90.88% of the company’s stock.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.