Equities research analysts predict that Vistra Energy Corp (NYSE:VST) will post earnings per share of $0.62 for the current quarter, Zacks reports. Zero analysts have provided estimates for Vistra Energy’s earnings, with estimates ranging from $0.36 to $0.88. Vistra Energy reported earnings per share of $0.25 in the same quarter last year, which suggests a positive year over year growth rate of 148%. The business is scheduled to announce its next quarterly earnings results on Tuesday, November 3rd.
According to Zacks, analysts expect that Vistra Energy will report full year earnings of $2.18 per share for the current fiscal year, with EPS estimates ranging from $2.04 to $2.32. For the next year, analysts anticipate that the firm will report earnings of $2.11 per share, with EPS estimates ranging from $1.61 to $3.04. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that cover Vistra Energy.
Several research analysts have recently issued reports on VST shares. Seaport Global Securities raised Vistra Energy from a “neutral” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Tuesday, June 9th. ValuEngine downgraded Vistra Energy from a “hold” rating to a “sell” rating in a research note on Friday, August 7th. Morgan Stanley lowered their price objective on Vistra Energy from $35.00 to $34.00 and set an “overweight” rating for the company in a research note on Friday, July 17th. Zacks Investment Research downgraded Vistra Energy from a “strong-buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Royal Bank of Canada reissued a “buy” rating and set a $25.00 target price on shares of Vistra Energy in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company. Vistra Energy currently has an average rating of “Buy” and an average target price of $30.27.
In related news, Director Arcilia Acosta acquired 10,000 shares of Vistra Energy stock in a transaction dated Monday, June 22nd. The stock was bought at an average price of $19.58 per share, with a total value of $195,800.00. Following the transaction, the director now directly owns 21,001 shares in the company, valued at approximately $411,199.58. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.49% of the company’s stock.
Hedge funds have recently made changes to their positions in the company. Montag A & Associates Inc. lifted its holdings in shares of Vistra Energy by 8.3% in the 1st quarter. Montag A & Associates Inc. now owns 65,500 shares of the company’s stock worth $1,045,000 after purchasing an additional 5,000 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Vistra Energy by 10.5% in the 1st quarter. Mackenzie Financial Corp now owns 25,148 shares of the company’s stock worth $401,000 after purchasing an additional 2,386 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Vistra Energy by 23.4% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 51,100 shares of the company’s stock worth $816,000 after purchasing an additional 9,700 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Vistra Energy by 30.4% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,559,573 shares of the company’s stock worth $47,659,000 after purchasing an additional 596,348 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Vistra Energy by 1.3% in the 1st quarter. State Street Corp now owns 8,670,563 shares of the company’s stock worth $138,382,000 after purchasing an additional 114,545 shares in the last quarter. 93.23% of the stock is owned by institutional investors.
Shares of Vistra Energy stock traded down $0.52 on Tuesday, hitting $18.23. The stock had a trading volume of 2,076,000 shares, compared to its average volume of 2,360,270. The stock has a 50 day moving average of $19.07 and a 200 day moving average of $18.85. Vistra Energy has a twelve month low of $11.30 and a twelve month high of $27.96. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.75 and a current ratio of 0.87. The firm has a market capitalization of $8.91 billion, a P/E ratio of 15.58, a PEG ratio of 0.45 and a beta of 0.94.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend is Tuesday, September 15th. Vistra Energy’s dividend payout ratio (DPR) is 26.09%.
About Vistra Energy
Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.
Further Reading: Benefits of owning preferred stock
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Vistra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy and related companies with MarketBeat.com's FREE daily email newsletter.