Vistra (NYSE:VST) Trading Down 0.1% – Here’s Why

Vistra Corp. (NYSE:VST)’s stock price traded down 0.1% during mid-day trading on Thursday . The stock traded as low as $123.14 and last traded at $124.02. 795,083 shares were traded during trading, a decline of 88% from the average session volume of 6,879,539 shares. The stock had previously closed at $124.11.

Wall Street Analyst Weigh In

Several research firms have recently commented on VST. Jefferies Financial Group lifted their target price on Vistra from $99.00 to $137.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. UBS Group lowered their price target on shares of Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, October 22nd. BNP Paribas assumed coverage on shares of Vistra in a report on Monday, October 14th. They set an “outperform” rating and a $231.00 target price for the company. Royal Bank of Canada raised their price target on Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Finally, BMO Capital Markets raised their target price on Vistra from $146.00 to $147.00 and gave the stock an “outperform” rating in a report on Tuesday. Ten research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $145.40.

Vistra Stock Performance

The firm has a market cap of $43.26 billion, a price-to-earnings ratio of 75.87 and a beta of 1.10. The stock has a 50-day moving average of $107.15 and a 200-day moving average of $92.09. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98.

Vistra (NYSE:VST) last released its earnings results on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $4.04 billion. During the same period last year, the business posted $1.03 EPS. As a group, analysts anticipate that Vistra Corp. will post 4.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Redwood Wealth Management Group LLC acquired a new stake in shares of Vistra in the 2nd quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Vistra during the 3rd quarter worth approximately $30,000. New Covenant Trust Company N.A. bought a new position in Vistra in the 1st quarter valued at about $32,000. CVA Family Office LLC grew its stake in shares of Vistra by 1,505.9% in the third quarter. CVA Family Office LLC now owns 273 shares of the company’s stock valued at $32,000 after acquiring an additional 256 shares in the last quarter. Finally, EdgeRock Capital LLC bought a new stake in Vistra in the 2nd quarter valued at about $34,000. 90.88% of the stock is owned by institutional investors and hedge funds.

About Vistra

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.