The stock of Vistra Corp. (NYSE:VST) increased by $0.18 on Monday to finish at $30.32, up 0.60 percent. The last five days have seen an average of 5,383,280 shares of common stock traded. 15 times new highs were reached in the current year, with a gain of $7.12. The average number of shares traded over the last 20 days was 3,497,435, while the average volume over the last 50 days totaled 3,268,112.
VST stock appreciated 15.11% since last month. On 07/17/23, the company’s shares reached a one-month low of $26.06. The stock touched a high of $30.99 on 08/10/23, after rallying from a low of $20.76 in 52 weeks. The price of VST stock has risen by 30.69% or $7.12 this year, reaching a new high 15 times. Still, the stock price is down -2.15% from the 52-week high.
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Insider Transactions
VST stock investors should be aware that Vistra Corp. (VST) stock had its last reported insider trading activity 55 days ago on Jun 21. On Jun 21, Director Lagacy Julie A. acquired 10,000 shares at $24.84 each. This transaction resulted in the insider spending $248,400. On Mar 23, BURKE JAMES A added 5,000 shares at a price of US$24.05. After the transaction, the insider now owns 463,899 shares. Director HELM SCOTT B had earlier bought 11,000 shares on Mar 17 for $24.72 a share. The transaction was completed for $271,920.
Valuation Metrics
Vistra Corp. (VST) has a trailing price-to-earnings (P/E) ratio of 8.28. Beta for the stock is 0.98. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.69, the price-to-book (PB) ratio of 3.37, and the price-to-cash flow ratio of 8.40.
Company paid $0.2060 per share in dividends, an increase of 0.98% from $0.2040 last year.
Financial Health
For the three months ended June 29, Vistra Corp.’s quick ratio was 1.10, while its current ratio was 1.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 3.50, and the total debt to equity ratio is 3.63. As far as profitability goes, gross margin for the trailing twelve months is 100.00% percent. Vistra Corp.’s EBITDA margin for the year ended June 29 was 25.97%, whereas its operating margin stood at 15.20% for the same period. Based on annual data, it had gross profit of -$1.18 billion and revenue of $13.73 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VST’s return on assets (ROA) during the last 12 months has been 4.50%. There was a -5.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 44.40%.
Earnings Surprise
According to Vistra Corp.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.19 billion, while revenues rose by 50.2% to $4.42 billion. It was predicted that Vistra Corp.’s quarterly earnings would be $1.17, but it ended up being $0.82, beating the consensus by 42.70%. EBITDA was $1.05 billion for the quarter. At the end of Vistra Corp.’s most recent quarter ended June 29, its liabilities totaled 25.1 billion, while its total debt was $12.93 billion. Equity owned by shareholders amounts to $367.57 million.
Technical Picture
Here’s a quick look at Vistra Corp.’s (VST) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 74.23%, suggesting the stock is Overbought, with a 26.95% historical volatility rate.
The stochastic %K and %D were 82.52% and 85.42% respectively, while the average true range (ATR) was 0.70. Based on the 14-day stochastic reading of 80.69%, the RSI (14) reading is 72.95%. On the 9-day MACD Oscillator, the stock is at 1.11, and the 14-day reading is at 1.55.
Analyst Ratings
In a note to investors, BofA Securities maintained its a Buy rating on Vistra Corp. (NYSE: VST). However, the firm raised their price target to $23, indicating a possible decrease of -31.83% in the stock price.
