Vistra Energy Corp. (NYSE:VST) Releases Earnings Results, Misses Estimates By $0.03 EPS

Vistra Energy Corp. (NYSE:VST) announced its quarterly earnings results on Friday, August 4th. The company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by $0.03, Morningstar.com reports. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion.

Shares of Vistra Energy Corp. (VST) traded up 0.99% during trading on Monday, reaching $17.38. 1,239,917 shares of the company traded hands. Vistra Energy Corp. has a 52 week low of $0.01 and a 52 week high of $25.24. The firm’s 50 day moving average price is $16.57 and its 200-day moving average price is $16.14. The company has a market capitalization of $7.43 billion and a price-to-earnings ratio of 10.17.

Several large investors have recently made changes to their positions in VST. Public Employees Retirement Association of Colorado purchased a new stake in shares of Vistra Energy Corp. during the second quarter worth approximately $127,000. World Asset Management Inc purchased a new stake in shares of Vistra Energy Corp. during the second quarter worth approximately $168,000. Virtu KCG Holdings LLC purchased a new stake in shares of Vistra Energy Corp. during the second quarter worth approximately $182,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Vistra Energy Corp. during the second quarter worth approximately $229,000. Finally, Gotham Asset Management LLC purchased a new stake in shares of Vistra Energy Corp. during the second quarter worth approximately $241,000. 4.14% of the stock is currently owned by institutional investors.

A number of brokerages recently commented on VST. Zacks Investment Research raised shares of Vistra Energy Corp. from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Thursday. Tudor Pickering began coverage on shares of Vistra Energy Corp. in a research report on Monday, June 26th. They issued a “buy” rating and a $21.00 price objective on the stock. Barclays PLC reissued a “hold” rating and issued a $17.00 price objective on shares of Vistra Energy Corp. in a research report on Tuesday, July 25th. Deutsche Bank AG reissued a “buy” rating and issued a $20.00 price objective on shares of Vistra Energy Corp. in a research report on Saturday, July 22nd. Finally, UBS AG reissued a “sell” rating and issued a $14.00 price objective on shares of Vistra Energy Corp. in a research report on Wednesday, May 24th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $18.20.

ILLEGAL ACTIVITY WARNING: This piece of content was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece of content on another publication, it was stolen and republished in violation of US & international copyright & trademark law. The original version of this piece of content can be viewed at https://stocknewstimes.com/2017/08/14/vistra-energy-corp-nysevst-posts-quarterly-earnings-results-beats-estimates-by-0-02-eps-updated.html.

Vistra Energy Corp. 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.

Receive News & Ratings for Vistra Energy Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply