Vistra Energy (VST) Downgraded by Zacks Investment Research to Hold

Zacks Investment Research lowered shares of Vistra Energy (NYSE:VST) from a buy rating to a hold rating in a report released on Saturday.

According to Zacks, “Vistra Energy Corp. is an energy company. It offers electricity and power generation, distribution and transmission solutions. Vistra Energy Corp. is based in Dallas, United States. “

VST has been the subject of several other reports. Credit Suisse Group began coverage on shares of Vistra Energy in a report on Wednesday, September 20th. They issued an outperform rating and a $20.00 price target for the company. Citigroup began coverage on shares of Vistra Energy in a report on Thursday, September 28th. They issued a buy rating and a $22.00 price target for the company. SunTrust Banks began coverage on shares of Vistra Energy in a report on Tuesday, October 10th. They issued a hold rating and a $18.00 price target for the company. Evercore ISI began coverage on shares of Vistra Energy in a report on Friday, October 20th. They issued an outperform rating and a $21.50 price target for the company. Finally, Bank of America began coverage on shares of Vistra Energy in a report on Tuesday, October 24th. They issued a buy rating and a $22.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $19.88.

Vistra Energy (NYSE:VST) opened at $18.46 on Friday. The company has a market cap of $7,950.00 and a P/E ratio of 0.33. Vistra Energy has a fifty-two week low of $14.50 and a fifty-two week high of $21.20. The company has a quick ratio of 1.92, a current ratio of 2.18 and a debt-to-equity ratio of 0.65.

Vistra Energy (NYSE:VST) last released its quarterly earnings data on Friday, November 3rd. The company reported $0.64 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.32. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.93 billion. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. analysts predict that Vistra Energy will post 0.41 earnings per share for the current year.

In related news, Director Brian K. Ferraioli acquired 5,750 shares of the stock in a transaction dated Friday, December 15th. The shares were purchased at an average price of $17.27 per share, for a total transaction of $99,302.50. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider James A. Burke sold 12,621 shares of the firm’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $19.27, for a total transaction of $243,206.67. The disclosure for this sale can be found here. Over the last three months, insiders acquired 46,744 shares of company stock valued at $852,870.

Institutional investors have recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in shares of Vistra Energy during the 3rd quarter valued at $124,000. Macquarie Group Ltd. purchased a new stake in shares of Vistra Energy during the 3rd quarter valued at $187,000. Virtu KCG Holdings LLC purchased a new stake in shares of Vistra Energy during the 2nd quarter valued at $182,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Vistra Energy during the 3rd quarter valued at $204,000. Finally, D.A. Davidson & CO. purchased a new stake in shares of Vistra Energy during the 3rd quarter valued at $214,000.

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Vistra Energy Company Profile

Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.

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