Reasons why Vistra Corp’s (NYSE:VST) fundamentals are futile

In yesterday’s Wall Street session, Vistra Corp (NYSE:VST) shares traded at $35.41, up 1.40% from the previous session.

10 analysts cover Vistra Corp (NYSE:VST), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $46.00 and a low of $32.00, we find $42.00. Given the previous closing price of $34.92, this indicates a potential upside of 20.27 percent. VST stock price is now 6.03% away from the 50-day moving average and 26.63% away from the 200-day moving average. The market capitalization of the company currently stands at $12.66B.

The stock has received a hold rating from 0 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $41.00 as their price target over the next twelve months.

With the price target maintained at $23, BofA Securities maintained Buy rating for Vistra Corp (NYSE: VST).

In other news, Moore Stephanie Zapata, EVP and General Counsel sold 107,466 shares of the company’s stock on Aug 14. The stock was sold for $3,247,193 at an average price of $30.22. Upon completion of the transaction, the EVP and General Counsel now directly owns 137,782 shares in the company, valued at $4.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 11, EVP and Chief Admin. Officer Kirby Carrie Lee sold 149,421 shares of the business’s stock. A total of $4,526,261 was realized by selling the stock at an average price of $30.29. This leaves the insider owning 160,100 shares of the company worth $5.67 million. Insiders disposed of 2,411,539 shares of company stock worth roughly $85.39 million over the past 1 year. A total of 1.65% of the company’s stock is owned by insiders.

During the past 12 months, Vistra Corp has had a low of $21.18 and a high of $36.50. As of last week, the company has a debt-to-equity ratio of 2.54, a current ratio of 1.22, and a quick ratio of 1.14. The fifty day moving average price for VST is $33.40 and a two-hundred day moving average price translates $27.96 for the stock.

The latest earnings results from Vistra Corp (NYSE: VST) was released for Sep, 2023. According to the Utilities – Independent Power Producers Company, earnings per share came in at $1.17, beating analysts’ expectations of $0.82 by 0.35. This compares to $1.51 EPS in the same period last year. The net profit margin was 7.78% and return on equity was 25.81% for VST. The company reported revenue of $4.09 billion for the quarter, compared to $5.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.6 percent. For the current quarter, analysts expect VST to generate $4.09B in revenue.

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