As of Thursday close, Vistra Corp.’s (NYSE:VST) stock was down -$0.36, moving down -1.20 percent to $29.71. The average number of shares traded per day over the past five days has been 3,804,180 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.98 fall in that time frame. In the last twenty days, the average volume was 3,600,355, while in the previous 50 days, it was 3,295,204.
Since last month, VST stock rose 8.71%. Shares of the company fell to $26.17 on 07/18/23, the lowest level in the past month. A 52-week high of $30.99 was reached on 08/10/23 after having rallying from a 52-week low of $20.76. Since the beginning of this year, VST’s stock price has risen by 28.06% or $6.51, and marked a new high 15 times. However, the stock has declined by -4.11% since its 52-week high.
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VST stock investors should be aware that Vistra Corp. (VST) stock had its last reported insider trading activity 4 days ago on Aug 14. Moore Stephanie Zapata, the EVP and General Counsel of the company, disposed of 107,466 shares for $30.22 on Aug 14. It resulted in a $3,247,193 divestment by the insider. Kirby Carrie Lee sold 149,421 shares at an average price of $30.29 on Aug 11. The insider now owns 160,100 shares following the transaction. On Aug 11, EVP and General Counsel Moore Stephanie Zapata sold 122,662 shares at $30.57 apiece. The transaction was valued at $3,749,437.
Valuation Metrics
Right now, Vistra Corp. (VST) has a P/E ratio of about 8.11. The stock’s beta is 0.97. Besides these, the trailing price-to-sales (P/S) ratio of 0.68, the price-to-book (PB) ratio of 3.30, and the price-to-cash flow ratio of 8.23 may also be considered.
The latest dividend of $0.2060 per share was paid out, which is 0.98% more than last year’s $0.2040.
Financial Health
In the three months ended June 29, Vistra Corp.’s quick ratio stood at 1.10, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.50, and the total debt-to-equity ratio was 3.63. On the profitability front, the trailing twelve-month gross margin is 100.00% percent. In the year ended June 29, EBITDA margin amounted to 25.97%, whereas operating margins totaled 15.20%. Based on annual data, VST earned -$1.18 billion in gross profit and brought in $13.73 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -5.10%. Return on equity (ROE) for the past 12 months was 44.40%.
In Vistra Corp.’s quarter-end financial report for June 29, it reported total debt of $11.53 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VST’s revenue rose 50.2% to $4.42 billion during the quarter, while net income inched up to $3.19 billion. While analysts expected Vistra Corp. to report $0.82 quarterly earnings, the actual figure was $1.17 per share, beating the consensus estimate by 42.70%. During the quarter, the company generated $1.05 billion in EBITDA. The liabilities of Vistra Corp. were 25.1 billion at the end of its most recent quarter ended June 29, and its total debt was $12.33 billion. The value of shareholders’ equity is $367.57 million.
Technical Picture
This quick technical analysis looks at Vistra Corp.’s (VST) price momentum. With a historical volatility rate of 29.29%, the RSI 9-day stood at 60.11% on 17 August.
With respect to its five-day moving average, the current Vistra Corp. price is down by -3.19% percent or -$0.98. At present, VST shares trade +8.55% above its 20-day simple moving average and +26.86% percent above its 100-day simple moving average. However, the stock is currently trading approximately +20.14% above its SMA50 and +29.29% above its SMA200.
Stochastic coefficient K was 71.58% and Stochastic coefficient D was 75.75%, while ATR was 0.67. Given the Stochastic reading of 62.97% for the 14-day period, the RSI (14) reading has been calculated as 63.62%. As of today, the MACD Oscillator reading stands at 0.12, while the 14-day reading stands at 0.76.
Analyst Ratings
BofA Securities reiterated its a Buy rating on Vistra Corp. (NYSE: VST) in a note to investors. The analysts firm has however raised their price target to $23, representing a possible -29.17% increase in the stock price. Vistra Corp. (VST) has been rated Buy by analysts. According to 0 brokerage firms, VST is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Vistra Corp. stock as buy, with 8 recommending it as overweight.
With a median target price of $35.00, the current consensus forecast for the stock is $31.00 – $40.00. Based on these forecasts, analysts predict Vistra Corp. (VST) will achieve an average price target of $35.25.
