Vistra Corp (NYSE:VST) saw an upside of 1.48% to $33.71 after adding $0.49 on Monday. The 5-day average trading volume is 3,778,192 shares of the company’s common stock. It has gained $33.81 in the past week and touched a new high 2 times within the past 5 days. An average of 7,733,768 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,167,711.
VST’s 1-month performance is 12.33% or $3.51 on its low of $29.84 reached on 08/28/23. The company’s shares have touched a 52-week low of $20.76 and high of $34.28, with the stock’s rally to the 52-week high happening on 09/11/23. YTD, VST has achieved 45.30% or $10.43 and has reached a new high 23 times. However, the current price is down -1.68% from the 52-week high price.
Insider Transactions
VST stock investors last saw insider trading activity on Aug 14.Moore Stephanie Zapata (EVP and General Counsel) most recently sold 107,466 shares at $30.22 per share on Aug 14. This transaction cost the insider $3,247,193. EVP and Chief Admin. Officer, Kirby Carrie Lee, sold 149,421 shares at a price of $30.29 on Aug 11. Then, on Aug 11, EVP and General Counsel Moore Stephanie Zapata sold 122,662 shares at a price of $30.57 per share. This transaction amounted to $3,749,437.
Valuation Metrics
VST stock has a beta of 0.95. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.73 while the price-to-book (PB) in the most recent quarter is 3.71, with the price to cash flow ratio at 9.04.
Vistra Corp’s quick ratio for the period ended June 29 was 1.08, with the current ratio over the same period at 1.17. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.20, while the total debt to equity was 2.29. In terms of profitability, the gross margin trailing 12 months is 22.83%. The trailing 12-month EBITDA margin is 25.97% while for the period ending June 29, Vistra Corp’s operating margin was 15.77%. The firm’s gross profit as reported stood at -$1.18 billion against revenue of $13.73 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 419.36% to $439.0 million, while revenue of $661.0 million was -50.57% off the previous quarter. Analysts expected VST to announce $0.82 per share in earnings in its latest quarter, but it posted $1.17, representing a 42.70% surprise. EBITDA for the quarter stood at more than $1.05 billion. VST stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 25.1 billion, with total debt at $12.33 billion. Shareholders hold equity totaling $367.57 million.
Let’s look briefly at Vistra Corp (VST) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 62.31% to suggest the stock is trending Neutral, with historical volatility in this time period at 27.17%.
The stock’s 5-day moving average is $33.16, reflecting a +0.43% or $0.14 change from its current price. VST is currently trading +11.67% above its 20-day SMA, +45.54% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +27.70% and SMA200 by+41.80%.
Stochastic %K and %D was 63.71% and 58.13% and the average true range (ATR) pointed at 0.75. The RSI (14) points at 64.04%, while the 14-day stochastic is at 68.22% with the period’s ATR at 0.72. The stock’s 9-day MACD Oscillator is pointing at 0.28 and 0.15 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Vistra Corp (NYSE: VST), BofA Securities reiterated its a Buy rating for the company but lifted their price target by N/A to $23. Analysts offering their rating for VST stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate VST as a “sell,”, while 0 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.
What is VST’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $31.00 and a high of $40.00, with their median price target at $38.50. Looking at these predictions, the average price target given by analysts is for Vistra Corp (VST) stock is $37.25.
