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Is Vistra Energy (VST) Stock a Solid Choice Right Now?

Zacks Equity Research
·2 min read

One stock that might be an intriguing choice for investors right now is Vistra Energy Corp. VST. This is because this security in the Utility - Electric Power space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Utility - Electric Power space as it currently has a Zacks Industry Rank of 65 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Vistra Energy is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Vistra Energy Corp. Price and Consensus

Vistra Energy Corp. Price and Consensus
Vistra Energy Corp. Price and Consensus

Vistra Energy Corp. price-consensus-chart | Vistra Energy Corp. Quote

In fact, over the past month, current quarter estimates have risen from a loss of 6 cents per share to earnings of 21 cents per share, while current year estimates have risen from $2.35 per share to $2.41 per share. This has helped VST to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Vistra Energy. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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Zacks Investment Research