Shares of Vistra Corp. (NYSE:VST) have been assigned an average recommendation of “buy” by the nine research firms that currently cover the stock, reports MarketBeat.com. One equity research analyst gave the stock a sell rating and eight gave the company a buy rating. The 12-month average target price among brokerages that have issued ratings on the stock over the past year is $24.00.
Several analysts have recently commented on VST shares. BMO Capital Markets raised its price target on Vistra shares from $25.00 to $27.00 and gave the company an “outperform” rating in a Wednesday, Oct. 13 research note. Zacks Investment Research cut Vistra shares from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Bank of America reissued a “buy” rating and set a $23.00 price target on Vistra shares in a Thursday, September 30 research note.
In other Vistra news, insider Oaktree Capital Group Holdings sold 1,041,573 shares in a trade on Friday, November 19. The shares were sold at an average price of $20.10, for a total value of $20,935,617.30. The transaction was disclosed in an SEC filing, which is available via the SEC website. 0.89% of the shares are currently held by insiders of the company.
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Wedbush Securities Inc. increased its holdings in Vistra by 0.9% in the fourth quarter. Wedbush Securities Inc. now owns 56,756 shares of the company worth $1,292,000 after purchasing an additional 495 shares during the period. SG Americas Securities LLC increased its stake in Vistra by 0.6% in the second quarter. SG Americas Securities LLC now owns 96,356 shares of the company worth $1,787,000 after purchasing an additional 618 shares during the period. ARGI Investment Services LLC increased its stake in Vistra by 1.9% in the third quarter. ARGI Investment Services LLC now owns 34,771 shares of the company worth $595,000 after purchasing an additional 643 shares during the period. Raymond James Trust NA increased its stake in Vistra by 2.9% in the third quarter. Raymond James Trust NA now owns 23,637 shares of the company worth $404,000 after purchasing an additional 673 shares during the period. Finally, Parallel Advisors LLC increased its stake in Vistra to 89.2% in the third quarter. Parallel Advisors LLC now owns 1,820 shares of the company worth $31,000 after purchasing an additional 858 shares during the period. Institutional investors hold 89.66% of the company’s shares.
Shares of Vista Stock opened at $21.72 on Friday. Vistra has a 1-year low of $15.47 and a 1-year high of $24.20. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt ratio of 1.74. The company’s 50-day moving average price is $21.44 and its two-hundred-day moving average price is $19.63. The stock has a market capitalization of $10.48 billion, a price/earnings ratio of -5.20, a P/E/G ratio of 0.52 and a beta of 0.98.
Vistra Inc (NYSE:VST) last released its quarterly results on Friday, November 5. The company reported EPS of $0.03 for the quarter, missing Thomson Reuters consensus estimate of $1.52 per ($1.49). Vistra had a negative net margin of 17.98% and a negative return on equity of 30.01%. The company posted revenue of $2.99 billion for the quarter. As a group, equity research analysts expect Vistra to post EPS of 0.31 for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 30. Shareholders of record on Thursday, December 16 received a dividend of $0.15. The ex-dividend date was Wednesday, December 15. This represents a dividend of $0.60 on an annualized basis and a yield of 2.76%. Vistra’s payout ratio is currently -14.35%.
Vista Corp. is an energy company that deals in the supply of electricity and the production of electricity. It operates through the following segments: Retail, Texas, East, West, Sunset and Asset Closure. The Retail segment sells electricity and natural gas to residential, commercial and industrial customers.
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