Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) Sees Significant Decrease in Short Interest
by Tristan Rich · The Markets DailyVista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 2,534,001 shares, a decline of 21.5% from the December 15th total of 3,226,741 shares. Based on an average trading volume of 553,530 shares, the days-to-cover ratio is presently 4.6 days. Approximately 2.4% of the shares of the stock are short sold. Approximately 2.4% of the shares of the stock are short sold. Based on an average trading volume of 553,530 shares, the days-to-cover ratio is presently 4.6 days.
Vista Energy Stock Up 1.2%
Shares of VIST traded up $0.57 during trading hours on Tuesday, reaching $49.61. The company’s stock had a trading volume of 456,097 shares, compared to its average volume of 875,366. The company has a 50 day moving average of $48.59 and a two-hundred day moving average of $43.67. Vista Energy has a 1-year low of $31.63 and a 1-year high of $61.67. The firm has a market cap of $5.17 billion, a price-to-earnings ratio of 7.29, a P/E/G ratio of 2.08 and a beta of 0.83. The company has a quick ratio of 0.61, a current ratio of 0.62 and a debt-to-equity ratio of 0.98.
Vista Energy (NYSE:VIST – Get Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.24. Vista Energy had a net margin of 32.66% and a return on equity of 15.92%. The business had revenue of $706.14 million for the quarter, compared to the consensus estimate of $636.68 million. As a group, research analysts predict that Vista Energy will post 5.74 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms recently commented on VIST. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and increased their target price for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. Bank of America lifted their target price on Vista Energy from $63.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. upped their target price on Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research report on Monday, December 29th. Finally, The Goldman Sachs Group set a $53.20 price objective on Vista Energy in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Vista Energy presently has an average rating of “Moderate Buy” and a consensus price target of $68.44.
Check Out Our Latest Analysis on VIST
Institutional Trading of Vista Energy
Large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd raised its holdings in shares of Vista Energy by 1,009.2% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after purchasing an additional 656 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after acquiring an additional 1,878 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vista Energy in the 2nd quarter worth approximately $163,000. Channing Global Advisors LLC boosted its position in Vista Energy by 47.6% during the second quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock worth $217,000 after purchasing an additional 1,462 shares during the period. Finally, Amundi acquired a new position in Vista Energy during the first quarter valued at approximately $229,000. 63.81% of the stock is owned by institutional investors.
Vista Energy Company Profile
Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.
In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.