Vista Energy (NYSE:VIST) Reaches New 52-Week High – Here’s What Happened

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 changing hands. The stock had previously closed at $58.77.

Wall Street Analysts Forecast Growth

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

Vista Energy Stock 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 firm has a market capitalization of $5.66 billion, a P/E ratio of 11.55, a P/E/G ratio of 0.87 and a beta of 1.71. The stock has a fifty day moving average of $55.30 and a 200-day moving average of $50.35.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VIST. GAMMA Investing LLC grew its stake in Vista Energy by 332.4% in the fourth 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 in the last quarter. FMR LLC grew its stake in Vista Energy by 3,262.5% in the third quarter. FMR LLC now owns 3,497 shares of the company’s stock valued at $154,000 after purchasing an additional 3,393 shares in the last quarter. Rhumbline Advisers grew its stake in Vista Energy by 41.0% in the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after purchasing an additional 1,208 shares in the last quarter. Custom Index Systems LLC grew its stake in Vista Energy by 2.9% in the third quarter. Custom Index Systems LLC now owns 7,763 shares of the company’s stock valued at $343,000 after purchasing an additional 218 shares in the last quarter. Finally, Lebenthal Global Advisors LLC bought a new position in shares of Vista Energy during the 4th quarter worth approximately $343,000. 63.81% of the stock is currently owned by institutional investors.

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.