Vista Energy (NYSE:VIST) Hits New 52-Week High – Time to Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST)’s stock price reached a new 52-week high on Friday . The stock traded as high as $61.67 and last traded at $60.05, with a volume of 259636 shares. The stock had previously closed at $58.77.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. UBS Group reissued a “neutral” rating and set a $64.00 price target (up from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. JPMorgan Chase & Co. lifted their price objective on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Vista Energy has a consensus rating of “Moderate Buy” and an average price target of $61.40.

Vista Energy Price Performance

The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of 11.55, a PEG ratio of 0.87 and a beta of 1.71. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The company has a fifty day simple moving average of $55.30 and a two-hundred day simple moving average of $50.35.

Hedge Funds Weigh In On Vista Energy

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC increased its stake in shares of Vista Energy by 332.4% in the 4th 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 during the last quarter. FMR LLC increased its stake in shares of Vista Energy by 3,262.5% in the 3rd quarter. FMR LLC now owns 3,497 shares of the company’s stock valued at $154,000 after purchasing an additional 3,393 shares during the last quarter. Rhumbline Advisers grew its position in 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 acquiring an additional 1,208 shares during the last quarter. Lebenthal Global Advisors LLC bought a new stake in Vista Energy during the 4th quarter worth $343,000. Finally, Heck Capital Advisors LLC bought a new stake in Vista Energy during the 4th quarter worth $348,000. Institutional investors own 63.81% of the company’s stock.

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.