Vistra (NYSE:VST) Trading 3% Higher - Time to Buy?

Vistra Corp. (NYSE:VST) experienced a 3% increase in its stock price during trading on Tuesday. The shares reached a high of $113.50 before closing at $111.75. Over 3.3 million shares changed hands during the session, reflecting a significant decline of 56% compared to the average daily trading volume of 7.4 million shares. The previous closing price was $108.49.

Wall Street Analysts Forecast Growth

Multiple analysts have weighed in on Vistra recently. Morgan Stanley adjusted their price target for Vistra shares from $135.00 to $169.00, assigning an "overweight" rating as of November 22. UBS Group followed suit by raising its price target from $161.00 to $174.00 and maintaining a "buy" rating on January 3. Evercore ISI initiated coverage with an "outperform" rating and set a target price of $202.00 on January 21. Bank of America upgraded Vistra from "neutral" to "buy", reducing its price target from $164.00 to $152.00 on March 4. Furthermore, Daiwa America categorized the stock as a "hold" on March 5. Currently, two analysts have given a hold rating, while eleven rate the stock as a buy. According to MarketBeat.com, Vistra holds an average rating of "Moderate Buy" with a price target of $162.83.

Vistra Trading Up 5.4%

The company's debt-to-equity ratio stands at 4.68, with a current ratio of 1.11 and a quick ratio of 0.99. Vistra’s fifty-day moving average is $158.02, while its two-hundred-day moving average is $136.25. With a market capitalization of $38.78 billion, the firm’s price-to-earnings (P/E) ratio is 21.34, and the P/E growth (P/E/G) ratio is 1.12, accompanied by a beta of 1.21.

Vistra Increases Dividend

In a recent announcement, Vistra declared a quarterly dividend which will be distributed on March 31. Shareholders who are on record as of March 20 will receive $0.2235 per share, translating to an annual payout of $0.89 and a yield of 0.78%. This increase is a positive shift from the previous quarterly dividend of $0.22, with a payout ratio of 12.62%.

Institutional Trading of Vistra

Several institutional investors have altered their stakes in Vistra. For instance, Anchor Pointe Wealth Management LLC acquired shares worth approximately $271,000 in the last quarter. IronOak Wealth LLC invested around $862,000, while Castle Rock Wealth Management obtained about $562,000 in shares. Park Square Financial Group purchased a stake valued at $216,000, and Universal Beteiligungs und Servicegesellschaft mbH bought approximately $17 million in shares during the fourth quarter. Currently, institutional investors own 90.88% of Vistra's shares.

About Vistra

Vistra Corp., along with its subsidiaries, functions as a comprehensive retail electricity and power generation company. It operates across six segments: Retail, Texas, East, West, Sunset, and Asset Closure. Vistra sells electricity and natural gas to residential, commercial, and industrial customers throughout various states in the U.S. and the District of Columbia.

Should You Invest $1,000 in Vistra Right Now?

Before investing in Vistra, potential investors should consider other viable options. MarketBeat maintains a close watch on analysts who recommend stocks to their clients. According to their findings, top analysts suggest five stocks that currently stand out as superior investments compared to Vistra, which holds only a "Moderate Buy" rating.

Vistra, Stocks, Analysts