Vistra Energy Corp (NYSE:VST) – Analysts at SunTrust Banks dropped their FY2019 earnings per share estimates for shares of Vistra Energy in a research note issued to investors on Wednesday, November 6th. SunTrust Banks analyst A. Agha now anticipates that the company will earn $1.78 per share for the year, down from their prior estimate of $1.84. SunTrust Banks currently has a “Buy” rating and a $31.00 target price on the stock. SunTrust Banks also issued estimates for Vistra Energy’s Q4 2019 earnings at $0.83 EPS, Q1 2020 earnings at $0.51 EPS, Q2 2020 earnings at $0.33 EPS, Q3 2020 earnings at $0.27 EPS, Q4 2020 earnings at $0.97 EPS, FY2020 earnings at $2.08 EPS, Q1 2021 earnings at $0.45 EPS, Q2 2021 earnings at $0.29 EPS, Q3 2021 earnings at $0.25 EPS and FY2021 earnings at $1.87 EPS.

Vistra Energy (NYSE:VST) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.64). The business had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.21 billion. Vistra Energy had a return on equity of 5.00% and a net margin of 4.40%. The business’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm earned $0.61 EPS.

VST has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of Vistra Energy from a “buy” rating to a “hold” rating in a research note on Friday. Bank of America raised shares of Vistra Energy from a “neutral” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Thursday. Credit Suisse Group boosted their price objective on shares of Vistra Energy from $30.00 to $31.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 14th. Morgan Stanley set a $34.00 price objective on shares of Vistra Energy and gave the stock a “buy” rating in a research note on Friday, August 16th. Finally, Citigroup reduced their price objective on shares of Vistra Energy from $36.00 to $31.00 and set a “buy” rating for the company in a research note on Monday, September 9th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $32.44.

Shares of NYSE:VST opened at $26.00 on Friday. The company has a market capitalization of $12.96 billion, a price-to-earnings ratio of -1,300.00, a price-to-earnings-growth ratio of 0.90 and a beta of 0.57. Vistra Energy has a 52 week low of $20.83 and a 52 week high of $27.96. The company has a quick ratio of 1.11, a current ratio of 1.24 and a debt-to-equity ratio of 1.42. The firm has a 50 day moving average of $26.90 and a 200 day moving average of $24.73.

Several hedge funds have recently modified their holdings of the company. CNA Financial Corp increased its position in shares of Vistra Energy by 63.6% during the third quarter. CNA Financial Corp now owns 116,000 shares of the company’s stock worth $3,101,000 after purchasing an additional 45,100 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its position in shares of Vistra Energy by 7.0% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,688,040 shares of the company’s stock worth $45,123,000 after purchasing an additional 110,135 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Vistra Energy during the third quarter worth $35,000. BBVA USA Bancshares Inc. acquired a new position in shares of Vistra Energy during the third quarter worth $315,000. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Vistra Energy by 34.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,586,601 shares of the company’s stock worth $176,060,000 after purchasing an additional 1,686,266 shares in the last quarter.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Friday, December 13th. Vistra Energy’s payout ratio is presently -2,500.00%.

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.

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Earnings History and Estimates for Vistra Energy (NYSE:VST)

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