Vistra Corp (NYSE:VST) shares, rose in value on Friday, April 05, with the stock price up by 2.71% to the previous day’s close as strong demand from buyers drove the stock to $72.45.
Actively observing the price movement in the recent trading, the stock is buoying the session at $70.54. The value of beta (5-year monthly) is 1.04 whereas the PE ratio is 20.77 over 12-month period. Referring to stock’s 52-week performance, its high was $75.89, and the low was $22.67. On the whole, VST has fluctuated by 18.97% over the past month.
With the market capitalization of Vistra Corp currently standing at about $25.20 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 07, 2024 – May 13, 2024. The company’s Forward Dividend Ratio is 0.84, with its dividend yield at 1.16%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.47, which is expected to increase to $1 for fiscal year $4.38 and then to about $4.68 by fiscal year 2025. Data indicates that the EPS growth is expected to be 22.30% in 2025, while the next year’s EPS growth is forecast to be 6.80%.
Analysts have estimated the company’s revenue for the quarter at $2.59 billion, with a low estimate of $1.76 billion and a high estimate of $3.43 billion. According to the average forecast, sales growth in current quarter could jump up 37.20%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $14.47 billion, representing a decrease of -2.10% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that VST’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VST currently trading nearly 9.72% and 33.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.62, while the 7-day volatility ratio is showing 4.73% which for the 30-day chart, stands at 4.38%. Furthermore, Vistra Corp (VST)’s beta value is 1.06, and its average true range (ATR) is 2.81.
A comparison of Vistra Corp (VST) with its peers suggests the former has fared considerably weaker in the market. VST showed an intraday change of 2.71% in today’s session so far, and over the past year, it grew by 209.48%%.
Data on historical trading for Vistra Corp (NYSE:VST) indicates that the trading volumes over the past 10 days have averaged 6.11 million and over the past 3 months, they’ve averaged 5.02 million. According to company’s latest data on outstanding shares, there are 351.46 million shares outstanding.
Nearly 1.04% of Vistra Corp’s shares belong to company insiders and institutional investors own 98.59% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.91 million shares as on Mar 15, 2024, resulting in a short ratio of 1.79. According to the data, the short interest in Vistra Corp (VST) stood at 3.42% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 10.91 million. The stock has risen by 88.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VST stock heading into the next quarter.
