A secret that hides Vistra Corp’s strength (NYSE:VST)

Stocks of Vistra Corp (NYSE:VST) traded higher last session on Wall Street, up 5.32% to $121.90.

VST stock price is now 10.81% away from the 50-day moving average and 48.01% away from the 200-day moving average. The market capitalization of the company currently stands at $41.88B.

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With the price target of $178, JP Morgan recently initiated with Overweight rating for Vistra Corp (NYSE: VST). On October 14, 2024, Exane BNP Paribas recently initiated its ‘Outperform’ rating on the stock quoting a target price of $231, while ‘Jefferies’ rates the stock as ‘Buy’

In other news, Moore Stephanie Zapata, EVP and General Counsel sold 34,714 shares of the company’s stock on Aug 13 ’24. The stock was sold for $2,789,964 at an average price of $80.37. Upon completion of the transaction, the EVP and General Counsel now directly owns 127,174 shares in the company, valued at $15.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 13 ’24, Officer Moore Stephanie Zapata bought 34,714 shares of the business’s stock. A total of $2,790,081 was incurred on buying the stock at an average price of $80.37. A total of 0.81% of the company’s stock is owned by insiders.

During the past 12 months, Vistra Corp has had a low of $33.84 and a high of $143.87. As of last week, the company has a debt-to-equity ratio of 3.03, a current ratio of 0.98, and a quick ratio of 0.88. The fifty day moving average price for VST is $109.2636 and a two-hundred day moving average price translates $81.95225 for the stock.

The latest earnings results from Vistra Corp (NYSE: VST) was released for 2024-06-30. The net profit margin was 3.16% and return on equity was 11.83% for VST. The company reported revenue of $3.85 billion for the quarter, compared to $3.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.57 percent.

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