Unlocking Growth Opportunity In Vistra Corp (NYSE: VST)

Vistra Corp (NYSE:VST) price on Wednesday, May 09, rose 9.13% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $89.20.

A look at the stock’s price movement, the close in the last trading session was $81.74. The PE ratio in trailing twelve months stood at 57.87. Turning to its 52-week performance, $84.83 and $23.24 were the 52-week high and 52-week low respectively. Overall, VST moved 28.29% over the past month.

Vistra Corp’s market cap currently stands at around $31.03 billion. The company has a Forward Dividend ratio of 0.84, with its dividend yield at 0.94%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Analysts have a consensus estimate of 2.78B for the company’s revenue for the quarter, with a low and high estimate of 1.76B and 3.55B respectively. The average forecast suggests up to a 47.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 14.79B, representing a 0.10% jump on that reported in the last financial year.

Turning to the stock’s technical picture we see that short term indicators suggest on average that VST is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

VST’s current price about 22.50% and 31.72% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 76.18, while 7-day volatility ratio is 6.03% and 5.22% in the 30-day chart. Further, Vistra Corp (VST) has a beta value of 1.00, and an average true range (ATR) of 3.97.

If we refocus on Vistra Corp (NYSE:VST), historical trading data shows that trading volumes averaged 7.28 million over the past 3 months. The company’s latest data on shares outstanding shows there are 351.46 million shares.

The 0.77% of Vistra Corp’s shares are in the hands of company insiders while institutional holders own 90.33% of the company’s shares. Current price change has pushed the stock 131.57% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VST stock continues to rise going into the next quarter.

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