Vista Energy (NYSE:VIST) Trading Down 3.9% – What’s Next?

Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) dropped 3.9% during trading on Friday . The stock traded as low as $53.70 and last traded at $53.73. Approximately 99,670 shares changed hands during trading, a decline of 86% from the average daily volume of 708,412 shares. The stock had previously closed at $55.90.

Analyst Ratings Changes

A number of brokerages recently commented on VIST. UBS Group restated a “neutral” rating and set a $64.00 price objective (up from $60.00) on shares of Vista Energy in a report on Friday. Bank of America decreased their price objective on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $60.60.

Vista Energy Price Performance

The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 10.43, a P/E/G ratio of 0.92 and a beta of 1.75. The business’s 50 day simple moving average is $53.02 and its 200-day simple moving average is $49.01.

Hedge Funds Weigh In On Vista Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in VIST. GAMMA Investing LLC raised its stake in Vista Energy by 332.4% during the fourth quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock worth $116,000 after buying an additional 1,642 shares during the last quarter. FMR LLC lifted its position in shares of Vista Energy by 3,262.5% during the 3rd quarter. FMR LLC now owns 3,497 shares of the company’s stock valued at $154,000 after acquiring an additional 3,393 shares during the period. Rhumbline Advisers boosted its position in shares of Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after purchasing an additional 1,208 shares in the last quarter. Custom Index Systems LLC bought a new position in Vista Energy in the second quarter worth approximately $343,000. Finally, Centiva Capital LP acquired a new stake in Vista Energy in the 3rd quarter valued at $389,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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 owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.