Vista Energy (NYSE:VIST) Sees Large Volume Increase – Time to Buy?

Vista Energy, S.A.B. de C.V. (NYSE:VIST) saw unusually-strong trading volume on Wednesday . Approximately 252,454 shares traded hands during trading, a decline of 62% from the previous session’s volume of 665,413 shares.The stock last traded at $54.83 and had previously closed at $53.52.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. assumed coverage on Vista Energy in a research report on Tuesday, August 20th. They issued an “overweight” rating and a $68.00 target price on the stock. Bank of America lowered their target price on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Wednesday, September 18th. Finally, UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their target price for the company from $55.00 to $60.00 in a report on Friday, September 27th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Vista Energy presently has an average rating of “Moderate Buy” and a consensus target price of $59.80.

Vista Energy Price Performance

The firm has a 50-day simple moving average of $49.10 and a 200-day simple moving average of $47.26. The firm has a market cap of $5.08 billion, a P/E ratio of 10.34, a PEG ratio of 0.43 and a beta of 1.78. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48.

Institutional Trading of Vista Energy

Several large investors have recently bought and sold shares of VIST. TT International Asset Management LTD raised its stake in Vista Energy by 2.3% in the 3rd quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after acquiring an additional 43,664 shares during the last quarter. Encompass Capital Advisors LLC raised its stake in shares of Vista Energy by 41.9% in the second quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock worth $46,562,000 after purchasing an additional 302,138 shares during the last quarter. NS Partners Ltd acquired a new stake in shares of Vista Energy during the third quarter worth about $26,777,000. Sei Investments Co. lifted its holdings in shares of Vista Energy by 253.6% during the second quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock worth $14,388,000 after purchasing an additional 226,891 shares during the period. Finally, American Century Companies Inc. boosted its position in Vista Energy by 10.1% in the second quarter. American Century Companies Inc. now owns 315,438 shares of the company’s stock valued at $14,346,000 after buying an additional 28,815 shares during the last quarter. Hedge funds and other 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 owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.