Vistra (NYSE:VST) PT Raised to $147.00

Vistra (NYSE:VST) had its price objective raised by stock analysts at BMO Capital Markets from $146.00 to $147.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target points to a potential upside of 15.04% from the company’s current price.

Several other research analysts have also issued reports on VST. Morgan Stanley raised their price target on Vistra from $110.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Jefferies Financial Group boosted their target price on Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Guggenheim increased their price target on shares of Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. started coverage on shares of Vistra in a report on Thursday, October 17th. They set an “overweight” rating and a $178.00 price objective for the company. Finally, BNP Paribas initiated coverage on shares of Vistra in a research report on Monday, October 14th. They set an “outperform” rating and a $231.00 price target on the stock. Ten research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $145.40.

Vistra Stock Performance

Vistra stock opened at $127.78 on Tuesday. The company has a market cap of $44.40 billion, a PE ratio of 78.39 and a beta of 1.10. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 2.89. Vistra has a 1 year low of $32.17 and a 1 year high of $143.87. The company’s 50-day moving average is $105.37 and its two-hundred day moving average is $91.46.

Vistra (NYSE:VST) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The business had revenue of $3.85 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same quarter in the prior year, the company earned $1.03 earnings per share. Equities analysts anticipate that Vistra will post 4.02 earnings per share for the current year.

Institutional Trading of Vistra

Institutional investors have recently modified their holdings of the company. Castle Hook Partners LP lifted its stake in Vistra by 470.0% in the 1st quarter. Castle Hook Partners LP now owns 3,769,842 shares of the company’s stock valued at $262,569,000 after acquiring an additional 3,108,511 shares in the last quarter. TD Asset Management Inc grew its position in Vistra by 9,668.5% in the first quarter. TD Asset Management Inc now owns 2,940,113 shares of the company’s stock valued at $204,779,000 after purchasing an additional 2,910,015 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Vistra by 115.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,532,657 shares of the company’s stock valued at $217,758,000 after buying an additional 1,356,488 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Vistra by 1,358.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,228,144 shares of the company’s stock worth $105,596,000 after buying an additional 1,143,918 shares in the last quarter. Finally, Marshall Wace LLP boosted its stake in shares of Vistra by 315.9% during the 2nd quarter. Marshall Wace LLP now owns 1,175,811 shares of the company’s stock worth $101,096,000 after buying an additional 893,093 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Vistra Company Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.