Vistra Corp. (NYSE:VST) finished Thursday with an addition of $0.38 to close at $30.69, an upside of 1.25 percent. An average of 5,120,040 shares of common stock have been traded in the last five days. There was a gain of $2.75 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 3,204,840 shares traded, while the 50-day average volume stands at 3,275,970.
VST stock has increased by 14.69% in the last month. The company shares reached their 1-month lowest point of $26.06 on 07/17/23. With the stock rallying to its 52-week high on 08/10/23, shares of the company touched a low of $20.76 and a high of $30.77 in 52 weeks. It has reached a new high 15 times so far this year and achieved 32.28% or $7.49 in price. In spite of this, the price is down -0.26% from the 52-week high.
Insider Transactions
VST stock investors should be aware that Vistra Corp. (VST) stock had its last reported insider trading activity 253 days ago on Jun 21. In this transaction, the insider spent $23,794,100., BROOKFIELD ASSET MANAGEMENT IN, disposed of 970,000 shares at a price of $24.53 on Dec 01. The insider now owns more than $23,794,100 worth of shares. Prior to that, BROOKFIELD ASSET MANAGEMENT IN went on to Sale 2,135,176 shares at $24.09 each on Nov 30. An amount of $51,436,390 was transacted.
Valuation Metrics
Vistra Corp. (VST) stock’s beta is 0.98. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.75, the price-to-book (PB) ratio at 3.68.
Financial Health
The quick ratio of Vistra Corp. for the three months ended June 29 was 1.10, and the current ratio was 1.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.80 and a total debt to equity ratio of 4.00 for the quarter ending June 29. Vistra Corp.’s EBITDA margin for the year ending June 29 is 25.97%, while its operating margin for the same period stands at 1.60%. Its gross profit as reported stood at -$1.18 billion compared to revenue of $13.73 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Vistra Corp.’s return on assets was -1.20%.
Earnings Surprise
For the three-month period that ended June 29, Vistra Corp. had $11.53 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $439.0 million in the quarter, while revenues were grew 419.36%. The analyst consensus anticipated Vistra Corp.’s latest quarter earnings to come in at $0.82 per share, but it turned out to be $1.17, a 42.70% surprise. For the quarter, EBITDA amounted to $1.05 billion. Shareholders own equity worth $367.57 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Vistra Corp. (VST) price momentum. RSI 9-day as of the close on 10 August was 85.48%, suggesting the stock is Overbought, with historical volatility in this time frame at 23.31%.
As of today, VST’s price is $29.41 +9.84% or $2.75 from its 5-day moving average. VST is currently trading +14.90% higher than its 20-day SMA and +23.55% higher than its 100-day SMA. However, the stock’s current price level is +28.14% above the SMA50 and +41.10% above the SMA200.
The stochastic %K and %D were 89.28% and 88.46%, respectively, and the average true range (ATR) was 0.73. With the 14-day stochastic at 91.43% and the average true range at 0.67, the RSI (14) stands at 80.48%. The stock has reached 1.17 on the 9-day MACD Oscillator while the 14-day reading was at 1.40.
Analyst Ratings
BofA Securities reiterated its a Buy rating on Vistra Corp. (NYSE: VST), but raised their price target to $23, indicating a potential price decrease of -33.43% for the stock. The consensus rating for Vistra Corp. (VST) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell VST, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 8 others rate it as a “buy”.
What is VST’s price target for the next 12 months?
Analysts predict a range of price targets between $31.00 and $40.00, with a median target of $35.00. Taking a look at these predictions, the average price target given by analysts for Vistra Corp. (VST) stock is $35.25.
